NewRiver in for planning in Cowley
Published: 02 December, 2016
£60m Templars Square plan to revitalise heart of Cowley
NewRiver REIT has submitted a planning application to completely transform the Templars Square shopping centre and its immediate surroundings. The £60m mixed-use proposals will preserve the existing Templars Square shops, while bringing forward a range of significant improvements to create a more vibrant and thriving community in Cowley.
The proposed plans include the addition of a hotel; new restaurant units for leading national operators; a dramatically improved streetscape and pedestrian routes; upgraded, modernised car parking and stylish new feature entrances. Importantly, the development proposed will have over 200 one-, two- and three-bedroom apartments, including affordable provision, a significant contribution from a brownfield site in tackling the recognised shortage of homes in Oxford.
Allan Lockhart, property director of NewRiver, said: “This milestone marks a real step-change for Cowley and is long-overdue. The case for regeneration is absolutely clear and this is an excellent opportunity to reinvigorate the heart of the town centre with high quality and modern, yet sensitively designed, development that will be a source of real pride locally – not just for our large number of loyal shoppers but for the wider local community.”
The Oxford Design Review Panel has already reviews the proposals and commented: “This is an important scheme in terms of providing new user experiences in the centre of Cowley and the quality of the public realm plays a central role in achieving this. The landscape design performs as the main binding element throughout the scheme and the improvements of the public space are commendable.”