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Council pressing ahead with office building 'confident in the demand'


But the Conservatives running West Berkshire Council say they are confident the new offices will attract businesses.
They want to develop the 27.5 acre Newbury industrial estate in phases, and planning consultants say up to 280 homes, 3,473sqm of office space and 5,400sqm of space for other businesses could be built there.
Cllr Lee Dillon, leader of the West Berkshire Liberal Democrats, said the pandemic and the severe economic downturn could have a significant impact on demand for offices.
He said Covid-19 “has been that catalyst for accelerating flexible working” and “home working is likely to significantly increase.”
He added: “We often find during a recession, if you go through the cycles, companies retract, they take on less staff and they need less office space.” ....

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Six figure investment planned for next step of major Newbury redevelopment


London Road Industrial Estate has been earmarked for a major redevelopment
ANOTHER £345,000 of taxpayers’ cash must be spent before West Berkshire Council can apply for planning permission to redevelop London Road Industrial Estate.
That’s according to a council report, which says it will need to pay consultants £300,000 to “progress the scheme through to a planning application” and spend £45,000 on assessing the feasibility of the redevelopment.
On December 17, the council’s executive team is expected to sign off that investment and press ahead with the project, which has been in the pipeline since 2003.
The council, which has opted to redevelop the 27.5 acre Newbury site in phases, wants to begin construction in two years and complete the project by 2030. ....

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