Media release - issued 21 Apr 2021

Rushmoor Borough Council to take forward Union Street redevelopment

With demolition and site clearance now well under way in Union Street, Aldershot, Rushmoor Borough Council's cabinet has agreed to release a further £2.2m to take forward this priority redevelopment project, which will be transforming Aldershot town centre.

The scheme, now known as Union Yard, will include 100 new town centre homes, 16 commercial units and accommodation for 128 local students.

On Tuesday 20 April, cabinet members received an update on the recommendations from due diligence work undertaken by a cross-party working group of councillors, which has explored the delivery options and funding opportunities for the major regeneration scheme.

On receiving the information, the cabinet formally agreed that the project will now move ahead with the council as developer and once the major build is complete, the council will retain ownership of the student accommodation and commercial units.

Karen Edwards, Executive Director at Rushmoor Borough Council said: "The redevelopment of Union Street is central to Aldershot's future and we are proud to be taking the project forward as a Rushmoor Borough Council scheme. Union Yard will transform a key part of the town centre, creating a new town square at its heart and provide much-needed new homes for local people as well as a new vibrancy from the students and creative offer we are planning."

The council also hopes its wholly owned housing company, Rushmoor Homes Limited, will become the landlord for the private homes and the council will work with a social landlord who will rent the new affordable homes the scheme will provide.

During the meeting, it was also recommended that Hill Partnerships Limited should be appointed to carry out the next steps for technical design on the scheme, as well as preliminary works on site. The £2.2 million pounds is being provided from grant funding from Homes England.

The initial demolition work started in February and is expected to be completed by the end of July.

More information about the scheme, including time-lapse footage of the demolition work completed so far, is available on our Union Street page.

 
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