Media release - issued 03 Aug 2021

Council gives go ahead for regeneration construction work to start in Aldershot town centre

The next stage in the regeneration of Aldershot town centre can begin after councillors gave the green light for construction work to start on Rushmoor Borough Council's Union Yard scheme.

The major redevelopment project will see Union Street and the High Street transformed with 100 new one and two-bedroom town centre homes (18 affordable), 14 flexible commercial units and eight high quality container spaces, as well as accommodation for 128 local students.  

On Wednesday (28 July), Cabinet members formally agreed to proceed with the Union Yard redevelopment and to recommend that the budget be put in place to allow the scheme to press ahead. A full meeting of the council approved the Cabinet's recommendations on Thursday (29 July) evening. 

The decision follows due diligence work carried out by the council, with support from external consultants, to consider the financial viability of the Union Yard development and the best way to proceed. 

Back in the spring, the council formally agreed that the project would move ahead with the council as developer, retaining ownership of the student accommodation and commercial units. 

The findings demonstrated to the Cabinet that the scheme would be financially viable and could also return a positive income to the council. 

After reviewing all the information, the Cabinet strongly supported the proposals and agreed to proceed with the Union Yard scheme on the basis of a fixed price construction contract with Hill Partnerships Limited, recommending that it be funded through the council's capital programme alongside £5 million from the Homes England Housing Infrastructure Fund and £1.2m from the Enterprise M3 Local Enterprise Partnership. 

Councillor Martin Tennant, Cabinet Member for Property and Major Projects at Rushmoor Borough Council, said: "There is no doubt that this is one of the biggest decisions that the council has taken in recent years and the Union Yard development is a major part of our regeneration programme.

"We've always said that driving forward the regeneration of our town centres and securing their long-term vibrancy is our biggest priority and it has always been clear that this would involve considerable financial commitment from the council. We have promised our residents a better town centre and I am delighted that our hard work and commitment to Aldershot is now paying off and we are now in the position to start the build. I can't wait to see the buildings emerge from the ground!" 

The Leader of Rushmoor Borough Council, Councillor David Clifford, said: "Since 2016, our main focus has been on regeneration. Lots of people said it would be ten years before we assembled all the land we needed for this project. Five years on and we have acquired all the land we need and we are making the biggest investment ever in Aldershot, by this council.  

"The scheme will be delivered in the next three years, and we are really excited about what is going in there. Our focus will be on attracting some quality independent businesses to Union Yard."   

Demolition and site clearance work on the site is already well-advanced and is expected to be complete by September, with the build set to begin in the autumn. Building work is expected to take around two and a half years to complete. Further information about the Union Yard scheme and a time-lapse of the demolition work is available on our Union Yard page. 

 
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