K2 Consultancy are pleased to deliver the multi-million redevelopment at 350 Basingstoke Road, Reading – a prime food and leisure development due to open early 2016.
Janson’s Property purchased the freehold interest of this site and undertook the development. The scheme is funded by Jansons in partnership with William Pears Group.
We acted on behalf of Janson Property provided Development Management, Project Management, Cost Consultancy, Employers Agent and CDM Coordinator
Our involvement commenced just as the site had been acquired after which we engaged with agents and potential occupiers before concluding an optimum site arrangement for Aldi, a discount supermarket chain, Green King pub/family restaurant and Pure Gym in two purpose built buildings.
K2 led the process and managed the development and completion of the commercial elements including obtaining planning permission, design, procurement and construction process, all consultant and contractors, reporting to Jansons Development Director. Our input extended to the legal agreements, Heads of Terms and Agreement for Lease as well as arrangements for the investment sale including the Development Agreement.
We ensured successful project delivery and maximised return. By adopting a cost-focused design process and implementing a robust commercial approach, the buildings were successfully fully let prior to demolition commencing of the previous office buildings.
Phillip Jemmison, Assistant Director of K2 commented: “We are thrilled to see the completion of this development, reinforcing our capability. The project is a result of our drive to properly understand our client's needs and implement robust project cost management practices to ensure that the client’s delivery requirements were met.”
