West Berkshire Council selected Shearer Property Group in partnership with Standard Life Investments as its preferred Development Partner for a major £120 million mixed use redevelopment on Park Way in Newbury.

SGA and BDP prepared the winning scheme which provides a new urban quarter in the town centre with a mix of uses, and new open streets and squares. The development includes 270,000 sq ft of new retail space comprising a major department store, large fashion stores and a mix of medium and smaller retail units and catering outlets. There will also be 180 residential dwellings and car parking for over 600 cars.