The town has seen major investment over the last three years, including the £280 million purchase of Festival Place, the redevelopment of the Malls shopping centre and £50 million for the new Network Rail regional operating and national training centre. The largest combined John Lewis at home and Waitrose opened in November 2015 and work to deliver a new speculative Grade A office development in Basing View has started.
Planned projects and infrastructure development could see investment of up to £4 billion in the town over the next 25 years and the planned housing development of 8000 new homes on the western edge of the town will add to the town’s prosperity.
- Basing View – already the location for a wide variety of organisations from start-ups to global corporates, this 65-acre business district is undergoing major redevelopment and transformation, creating a modern, sustainable, commercial community situated within the town centre and 5 minutes from the M3. Basing View has already secured significant new investment with a £50 million joint Network Rail regional operating and national training centre plus the largest combined John Lewis at Home and Waitrose store in the country. With a new speculative Grade A office development underway and plans for a business class hotel in progress, we are building a thriving, growing community.
- Manydown – a government-recognised transformational housing project that has the potential to deliver 8,000 new homes in a manner that is consistent with 'garden town' principles. A first phase of approximately 3,400 homes, together with associated infrastructure and ancillary commercial and retail space is allocated in the adopted Basingstoke and Deane Local Plan. The government has already given almost £1 million in funding for infrastructure studies.
- Basingstoke Leisure Park – working with Property Company of the Year NewRiver on a £350 million vision the council aims to achieve a major step change in the attractions on offer, revitalising its appeal for the future. Plans include doubling of the existing leisure facilities to 500,000 square feet and including a 300,000 square feet designer outlet centre in response to unmet demand along the M3 corridor.
- Road Improvements – working in conjunction with the Enterprise M3 local enterprise partnership to improve infrastructure is a key factor in the council’s master plan to drive economic growth. The borough and county councils have attracted £30 million of government funding to carry out major road schemes to improve the gateways into Basingstoke. This follows £4.3 million invested in major improvements at junction 6 of the M3 and Black Dam roundabout to give the town even better connectivity.
A sustainable future
- We're part of Enterprise M3's sci-tech corridor, which helps secure government funding to the area.
- Our pro-business council is dynamic and capable, offering excellent deals and incentives as the major commercial landowner.
- Major regeneration envisions a clean, green, modern town that embraces business and looks after its people.
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