Slough Council’s Cabinet is set to agree to complete the redevelopment of the town centre old library site with 60 apartments.
Already planned and agreed for the site are two hotels under one major hotel operator and in one building; with a 144 room short-stay hotel occupying from the ground to the fifth floor and a 92 room long-stay hotel on floors six to 10.
It also includes a ground floor restaurant and bar and the leasing of a part of the Burlington car park to provide hotel parking.
Now the council is set to agree a residential development is the best way forward and that Slough Urban Renewal (SUR) should develop both the hotels and the new homes.
It is expected that this will be a private rented sector led development and that the majority of these new homes would become part of the council’s subsidiary housing company, Herschel Homes – whose formation is expected to be agreed at the same cabinet meeting – and be made available for private rent.
Councillor Zaffar Ajaib, commissioner for housing and urban renewal, said: “The hotels and now this residential development will be a major trigger for increased regeneration in the centre of Slough and with the restaurant space and increased occupation of the area it will have a positive impact on the evening economy.
“Slough needs more housing and high-quality rented accommodation will be a key part of that. Bringing this part of the site forward for new homes is a no-brainer as it provides both regeneration and new properties in a prime location.
“I am very excited by the proposal and will be recommending it to the cabinet.”
Alastair Gourlay from SUR said: “SUR was set up to deliver the Council’s ambitious regeneration plans and this is a major step forward in making that a reality. We are delighted to be able to enhance the hotel offer in Slough and create high quality new homes.”
Slough Urban Renewal is a 50:50 joint venture between Slough Borough Council and Morgan Sindall Investments.