Published Friday, 20 May 2016
Multi-million pound plans to create a contemporary shopping and leisure offer in the heart of Farnham are set to be considered by Waverley Borough Council next week.
The Brightwells Farnham Regeneration scheme, which is being delivered by developers Crest Nicholson, will revitalise the East Street area and create a new pedestrian quarter for Farnham. The scheme will bring new restaurants, bars, shops to the town, a large replacement car park and multiscreen cinema, a new town square and landscaped Brightwells Gardens leading down to the River Wey.
At its heart, the regeneration will provide 239 new much needed homes, including 167 for sale and 72 affordable homes on a shared ownership basis. It will also create 400 construction jobs and a further 400 permanent jobs in leisure, retail and restaurant sectors when fully completed.
Crest Nicholson has confirmed that key brands already signed up to pre-let agreements include: Marks & Spencer, Reel Cinema, Wagamama, Ask, Carluccio’s and Bryon Burger. So far more than 40% of the commercial units have already been let.