Investment
Investment
The scheme is part of the Blackwater valley Gold Grid package and is an integral part of strategy for developing Camberley as a major commercial centre. The aim of the public realm improvements in the centre of Camberley is that they will enhance its accessibility, viability, improving the visitor and resident experience of place, integrate transport modes and give pedestrians more space and priority in the town centre. The key components of the scheme are to make the High Street better for pedestrians and provide an important hub with an increase in the quality of the usable open space. This will be achieved by partial pedestrianisation of High Street and improvements to public realm on Knoll Walk and Princess Way. The scheme also compliments the Camberley Town Centre Highway Improvements scheme along the A30, which includes improvements for buses and pedestrians
The public realm improvements helping to maximise the benefits of Surrey Heath Borough Council’s £86m investment in the town centre together with the £7m refurbishment of the Square. The potential direct economic benefits that are expected to be generated by the scheme include 47 construction jobs, combined with 57 net operational jobs with a total value of £14.2m. In addition, land value uplift of £4.5m has been identified as achievable over 5 years, as well as footfall increase in the town centre of 20% over 10 years.
Start date:
End date:
Amount financed: £3.5 million
Total cost: £4.4 million
Status: In progress
Project Lead: Kevin Travers
Partner: Surrey Heath Borough Council
Themes: Places
Geo-location:
Collaborate with us to connect with organisations, people and ideas