Egham set for £70m investment
£70m is set to be invested into Egham town tentre, the leader of Runneymede Borough Council has revealed, creating a “new gateway for visitors”. The investment is set to include new homes, shops, a gym and a hotel, with the main areas of redevelopment being Station Road north and the corner of the High Street.
The Egham town centre 'master-plan report' was published in November 2013, to ‘advance opportunities for the town centre’. The report states that ‘the area has significant potential for redevelopment, tackling a number of weak areas of townscape and establishing a new good quality public space’. The council would own and run the development, earning returns on the investment. Project leader Patrick Roberts says that “part of our strategy is to acquire assets to change the shape of...