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Silver Hill

TIAA Henderson Real Estate submits ‘variation to consent’ for planning application at Silver Hill scheme in Winchester

TIAA Henderson Real Estate (TH Real Estate) has submitted an application to make changes to the existing Silver Hill planning consent which was approved in 2009.

The changes reflect the decision of Stagecoach who no longer require a bus station within the scheme. This is in addition to other amendments which will ensure that this is a high quality scheme that is an asset to Winchester, as well as being commercially deliverable. Particular consideration has been given to comments and representations about variations in height and frontage, the choice of local materials, facilities for public transport users and the quality of the public realm. 

TH Real Estate believes that the changes to the scheme, undertaken by Allies and Morrison architects, improve on the existing consent and will bring life back to an area of the city centre which currently contains semi-derelict buildings, degraded public realm and poor retail premises. The redeveloped Silver Hill area will add to Winchester’s range of shops, restaurants and public spaces, complementing the existing qualities of the city centre. New homes in the centre will be highly sustainable and support the evening economy. Excellent facilities for car parking, public transport, and cycling and walking will enable people to make sustainable choices about how they access the town centre.

A further static public exhibition will be open in the coming fortnight. Details will be announced shortly.

Meanwhile, initial site works have commenced to investigate ground conditions, with specific attention paid to understanding the archaeology which lies underneath the site. This preliminary archaeological survey work is being carried out by experts, RPS, who have been appointed by TH Real Estate in liaison with the City’s own Archaeological officers.

Martin Perry, Director of Development at TIAA Henderson Real Estate, commented: “The design team has worked hard, with a critical eye, to ensure that the final scheme is one that we can all be proud of. The proposed refinements have responded to the key issues addressed by all stakeholders, while ensuring that the scheme is the best and most sustainable option for today’s environment. Meanwhile, the initiation of site investigation and archaeology demonstrates our commitment to proceeding with the development as soon as we can.”

Paul Appleton, Partner at Allies and Morrison said: “Winchester is a distinguished historic city. It has been a privilege to have the opportunity to work on this project for ten years. We are proud of how the scheme repairs the damaged fabric and historic street pattern of this important site at the heart of the city."

Disclaimer Issued by Henderson Real Estate Asset Management Limited, 201 Bishopsgate, EC2M 3BN. Authorised and regulated by the Financial Conduct Authority. TH Real Estate is a name under which Henderson Real Estate Asset Management Limited provides investment products and services. Past performance is not a guide to future returns. The value of investments and any income will fluctuate (this may be partly be the result of exchange rate fluctuation) and investors may not get back the full amount invested. Where opinions have been expressed, they are based on current market conditions and are subject to change without notice.

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