Places for People named preferred bidder for £200m Runnymede Regeneration Programme

Places for People has been selected as preferred bidder to manage a £200m long-term regeneration programme for Runnymede Borough Council.

The Runnymede Regeneration Programme (RRP) will see several sites re-developed across the borough over the next eight to thirteen years, including Egham town centre.

Discussions are currently underway to finalise the RRP, with the proposal for the first-phase of development to include replacing Egham Leisure Centre with a new facility that will include a swimming pool and health spa.

The contract is set to include the redevelopment of Egham town centre. Plans will be subject to public consultation but could comprise a new mixed-use development, including residential and student accommodation, retail space and new cafés and bars.

Once finalised, the contract will see us manage the development and delivery process for the sites from securing planning consent through to design and construction, and lettings.

Mary Parsons, Group Director of Placemaking and Regeneration, Places for People

"In these challenging times for the public sector, we believe that Runnymede Borough Council's model is an excellent example of using prudent capital investment to both improve local facilities and housing choice and to create a sustainable and profitable investment portfolio. As their development partner, we bring our many years' experience of planning, delivering and managing major mixed-use and mixed-tenure developments to the team to ensure their successful delivery."

Paul Turrell, Chief Executive of Runnymede Borough Council

"Places for People has a lot of experience with this sort of work, both nationally and locally with other Surrey boroughs, so I am very pleased to have them on board."

19 January 2017