06:30AM, Monday 27 February 2012
The battle to turn a crucial 'horse shoe' of roads surrounding Maidenhead's Town Hall into a showcase public square has taken another step forward.
Royal Borough cabinet members agreed at their meeting on Thursday to advertise for an investment or development company to team up with them to redevelop the crucial block. The site takes in the row of derelict houses in York Road and covers Park Street and St Ives Road, which make up the horse shoe of roads on either side of the Town Hall.
It is hoped to create 100 new homes and 12,000 square metres of offices with cafes and restaurants at ground floor level, complete with an attractive public square that can host events and a green park fronting York Stream.
The rebuild is planned as part of a regeneration of the whole square. But cabinet member for policy and performance Cllr Michael-John Saunders (Con, Bisham and Cookham) said that although 80 per cent of the properties on the roads are council owned, complications were caused by the fact that 20 per cent are in private freehold ownership.
It is hoped that going into partnership with a private company will make it easier to overcome this problem.
Cllr Saunders (Con, Bisham and Cookham) said: "The regenaration of Maidenhead is a massive and vital challenge and creating this new square is a critical part of the agenda."
He said it was planned to have a wide range of homes on the site.
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