Royal Elm Park, which will be situated adjacent to Reading Football Club’s Madejski Stadium (pictured above), will provide the town with a new convention centre as well as over 600 new homes and a mix of retail, leisure and hotel facilities. 

The 600 new homes will be a mix of one-, two- and three-bedroom properties which will provide much-needed new housing with dedicated resident parking. 

The development scheme hopes to capitalise on Crossrail, which will connect Reading to central London.

“Royal Elm Park is a bold and ambitious scheme, and is a tangible demonstration of our vision for the Thames Valley,” said Praphant Asava-aree, director of RFC Prop Co.

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“Creating 1,000 new jobs, new economic and social infrastructure for the benefit of the community and regional businesses, enhanced facilities for Reading FC’s supporters and new and improved transport links is a testament to the vision of the town and the club, and we are delighted to be playing our part in stimulating further investment into this vital part of the UK.” 

Nigel Howe, chief executive of Reading Football Club, added that the development was a huge boost for the town as it will change its ability to host international, large-scale conferences and events. 

“Royal Elm Park is emblematic of the town’s vision for the future, and will play a significant role in driving new and enhanced inward investment, which will underpin the regional economy going forward.” 

Nigel Horton-Baker, executive director at Reading UK CIC, added: “The Royal Elm Park scheme will make Reading an international centre for conferences and major events, attracting new business to the town and providing a major new resource for the many businesses and organisations already based here.”

Royal Elm Park will progress to the final stages of the planning process and subject to completing the final planning requirements, construction is planned to commence in early 2018 with final completion expected in 2023.