New Developments in Slough to Watch in 2019
A commercial powerhouse that has been voted the Best Place to Live and Work for two years running by Glassdoor, Slough is leading the way for commuter towns that are reinventing themselves as true alternatives to the central London market. As more new development comes to Slough, so does the opportunities and impact on the local property market.
Demand is at an all-time high thanks to a £9billion economy and the largest concentration of global businesses outside of the capital, attracting young professionals that want to take advantage of the enviable employment opportunities and more affordable residential market.
With property prices in Slough set to rise by 35% according to JLL and a £1billion regeneration project taking shape across the town, this up-and-coming commuter town is set to witness unprecedented growth heading into 2019.
New Developments in Slough to watch
Ice Arena Redevelopment
With refurbishment completed in 2018, the Ice Arena has quickly become a leisure hotspot within the town. Home to the Slough Jets, the extension of the Ice Arena has provided a fully refurbished ice rink, cafe, climbing wall, gym, party zone and changing facilities.
The continued redevelopment of the Ice Arena shows Slough’s commitment to creating real community spaces within the town, encouraging growing families and other residents to stay active wherever possible. It’s also yet another amenity that will meet the demand for more leisure activities.
An award-winning project for Slough that is currently open to the public and also being used by Slough Town Football Club, Arbour Park is a 2,000 capacity 3G pitch and function room that also acts as a sports hall for a nearby school.
As a community sports facility, it demonstrates further progress by Slough to redevelop each and every sector throughout the town, creating a true community spirit and meeting the necessary demands from residents.
Estimated Completion Date: 2019
The most important infrastructural development for the London Commuter belt, Crossrail will massively improve travel around the region, particularly between locations such as Slough and London. Aside from cutting travel times and increasing the number of passengers able to travel, Crossrail will also create new connections for key destinations.
The commercial impact can also not be understated, particularly on the property market. With property prices within a mile of a Crossrail station already improving by 60%, demand will grow for residential space near these important travel links.
Discover Steel House – Exclusive private community living with excellent transport links to the capital.
Estimated Completion Date: Q3 2020
A new development coming to Slough brought to you by SevenCapital is Steel House – a development bringing exclusive, private community living to the town. Located at the heart of a bustling commercial hotspot and within walking distance of a Crossrail train station, Steel House is ideally equipped to deal with the demands of high-powered city living, for professionals working in both London or Slough itself.
Steel House epitomises connectivity. Comprised of 61 spacious open-plan apartments, this development represents a new era for London investors and commuters. An exclusive, private community that inspires peer-to-peer professional connectivity without sacrificing actual accessibility into the capital.
The Centre (Leisure Centre)
Estimated Completion Date: Early 2019
Works have commenced on delivering a new multi-million-pound leisure facility at the Centre, a new leisure centre for Slough that will contain a 25m swimming pool, sports hall, gym and exercise studios. As part of a program of leisure facilities, the Centre will create an iconic landmark in a similar vein to the Curve, creating a leisure destination in the same way the Curve created a cultural touchpoint.
The Centre is a major part of the Slough Urban Renewal project and represents one of the biggest developments by the scheme.
Western Rail Access to Heathrow
Estimated Completion Date: 2024
A proposed direct rail link by Network Rail, Western Rail Access to Heathrow (WRAtH) will provide exactly what its name suggests – direct access to Heathrow Airport from stations along the South Coast, South West, South Wales and even the West Midlands. This project will improve access and reduce congestion while also reducing travel times, particularly between Reading and Heathrow.
Aside from improving infrastructure, the new route is expected to create a number of economic benefits for businesses in the region, providing £800million of economic activity and generating employment opportunities for 42,000 people. Work is expected to start this year and operations are expected to begin in 2024.
New Eton House
Discover New Eton House – The first and only development designed specifically for Slough’s executive tenant.
Estimated Completion Date: Q4 2019
A landmark residential development for Slough, New Eton House will sit in a location close to the town’s thriving commercial centre on the Bath Road, just minutes from Europe’s largest privately owned trading estate. Comprised of 58 high-end, luxury apartments, the development is designed to meet the needs of the executive resident.
With a contemporary finish, New Eton House is nestled on a tree-lined road and will provide open-plan living built to a high standard, offering an aspirational lifestyle for professionals – whether they’re living, working and playing in Slough or only staying there during the working week.
85 High Street (Old Library Site)
Estimated Completion Date: TBC
As part of the Slough Urban Renewal (SUR) masterplan, this old site is currently in planning and set to deliver two hotels as well as 5,000 sq ft of restaurant and retail space. The proposed hotels, both high-end Marriot brands, will combine to deliver 244 guest rooms as well as a bar, dining area and lounge, open to both guests and non-guests.
Part of the on-going redevelopment of Slough town centre, this site will contribute to making Slough even more desirable as a location to live, work and invest within, meeting demand from business and leisure users that will also benefit from direct links to Heathrow and London.