Solum Regeneration, the joint venture between Network Rail and Kier Property, has begun site work on its first scheme. The company was formed in 2008 as a vehicle to regenerate railway stations in the south-east of England, and in November work began on a £31m project at Epsom station.
The mixed use scheme in Epsom will create a new retail, hotel and residential development surrounding and on top of the station. It will provide Epsom with 54 affordable apartments for developer Orbit Homes, 63 private apartments, a 64-bedroom hotel and a local convenience store, as well as a new station, car parking and increased cycle parking facilities for passengers and residents.
The development will fully fund significant improvements to Epsom station, including a new ticket hall, car park and additional canopy coverage with new toilets on both platforms. The new station design means Epsom will be able to deal with projected passenger growth for at least the next three decades. The Epsom project is regarded as a blueprint for the Solum portfolio. To date, planning applications have been submitted for further schemes at Walthamstow and West Brompton.
Network Rail’s director of property, David Biggs, said: “Working in partnership with developers such as Kier and Orbit Homes allows us to make the most of our unique station locations for sustainable development opportunities. With over 2,000 stations serving as the gateway to all our major towns and cities across Britain, we are always looking for new opportunities to bring maximum benefits to our passengers.”
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