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Home Featured

Developer applies to build fewer affordable homes at Oxford Road development

Guest Contributor by Guest Contributor
Tuesday, October 4, 2022 6:12 am
in Featured, Reading
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The former Curzon Club Picture: Google Maps

The former Curzon Club Picture: Google Maps

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A developer has applied to reduce the number of affordable homes at an apartment block to be built to the rear of a former social club in Reading.

In June last year, developer Stonegate Homes won approval to build a 26-flat apartment block to the rear of The Curzon Club at 362 Oxford Road.

The land the block is set to be built on is derelict, and lies immediately to the right of parking for the Moulsford Mews shopping precinct.

Now, it wants to reduce the amount of affordable apartments from seven to three – according to Reading Borough Council’s policy, this should be 10.

These three affordable units make up 11.5% of the scheme, so if approved Stonegate Homes would be asked by the council to invest the equivalent of 18.5% into affordable housing elsewhere in the borough using a deferred payments mechanism.

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What is Mediation?

The application is due to be decided at the council’s planning committee meeting on Wednesday, October 5.

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