Coplan Estates, a UK-based firm specialising in local authority mixed-use schemes, has been appointed as development partner by Woking Borough Council for the Woking Gateway project.
Coplan has been selected to implement the Local Development Core Strategy for Woking after an OJEU Competitive Dialogue process.
The strategy is aimed at creating a vibrant destination, comprising residential and a variety of commercial uses in the Woking town centre adjacent to the railway station.
Modern, energy-efficient residential buildings will be built on an elevated green public open space in Woking, in addition to a retail and leisure establishments that will create jobs.
The indicative plan, submitted by Coplan, involves 476 residential units, accommodated in three towers, above new commercial space facing Commercial Way.
Existing properties will be acquired for the purpose and the council will consider using its compulsory purchase powers, if necessary, to assist Coplan in possessing the Woking Gateway site.
However, the indicative scheme is subject to change during the planning process and the Planning Committee will consider the final details of any proposal based on merits.
A full planning application will be submitted to the planning authority and subject to permission, work is expected to commence in 2021.
Woking Borough Council Leader and Councillor David Bittleston said: “I am delighted that we are moving to the next phase for the continued growth and evolution of Woking, which will be a huge boost to the local economy and will complement our Victoria Square development.
“Our chosen partner, Coplan, has a wealth of experience, successfully delivering similar schemes for local authorities and we look forward to working with them as we re-energise and reinvigorate the area.”
Coplan managing director Nick Doyle said: “We are hugely excited to be selected as Woking Council’s development partner on the Woking Gateway project. This scheme will also provide an opportunity to deliver a significant number of new homes with various types of tenure which fulfil the Council’s expectations.
“As specialist mixed-use developers for local authority partnership schemes, we understand the requirement of councils and needs of the communities, working hard to ensure that our schemes are beneficial to everyone.”