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Carisbrooke signed the development agreement with Woking Borough Council in June 2009 to redevelop 5.7 acres of the town centre adjacent to the mainline train station with a mix of residential, leisure, commercial and retail space. This will provide over 500,000 square feet of floor space.
By joining the agreement as development partner, Willmott Dixon will bring significant resource as developer and contractor to work alongside Carisbrooke in delivering the large-scale project.
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Andrew Telfer, Chief Executive Officer of Willmott Dixon's regeneration business, said: "We are delighted to be joining Carisbrooke and Woking Borough Council as a major partner to transform the town. Woking Gateway has all the essential ingredients to make the project an outstanding success; complementary partners with the combined skill sets to prepare and realise a great design the people of Woking can be proud of, backed by an extremely supportive and visionary Council team."
Willmott Dixon and Carisbrooke will now work with Woking Borough Council to develop the original vision into an agreed master plan that can be submitted for planning permission.The Woking Gateway project site runs from Albion House, which Carisbrooke already own, in the east to Cawsey Way in the west, including the High Street to the south and Commercial Way to the North. It was Carisbrooke's purchase of Albion House that led it to approach the council in 2008 to integrate its redevelopment within a wider master plan for the town centre, giving a holistic approach for the entire development.
(CD/GK)
