Coplan was selected by Reigate & Banstead Borough Council to partner the regeneration of the Council owned Marketfield Way car park/High Street site. The scheme is diagonally opposite Redhill’s mainline railway station.
Coplan’s bid followed a competitive dialogue OJEU tendering process. Ten initial expressions of interest were received with six parties invited to submit initial bids followed by two bidders short listed to the final tender stage.
The commerical element of the scheme comprises four large glass-fronted retail units facing the High Street and seven family-style restaurants, which will be let to mid-market national chains anchored above by a six screen cinema. The town centre location opened up a significant residential opportunity for 153 apartments sitting over the retail units.
Planning consent was achieved in January 2017.