Brookfield Riverside Development Site
The site to the south of New River is owned by the Councils and extends to circa 21 acres. The site to the north of New River is owned by the Harvey Family, extends to circa 23 acres and is subject to an Option Agreement to Bayfordbury Estates Ltd.
The area south and immediately north of the New River is envisaged to be the core development site for a retail and leisure-led first phase of Brookfield Riverside. It will be for potential development / investment partners to determine the extent of the land, if any, required north of the New River.
The opportunity area is extensive and ensures that the Councils’ requirement for a comprehensive redevelopment of quality, scale and critical mass, in line with the draft Local Plan aspirations can be met.
The Councils are in discussion with both parties regarding the land to the north of New River to agree terms for the inclusion of as much of this land as may be required for the retail and leisure-led first phase of
Brookfield Riverside and for the required highway infrastructure.
The infrastructure is jointly required for the Garden Village residential site, which is already subject to a formal agreement between the Councils and the Harvey family.
Brookfield Centre owned by Tesco and M&S
Brookfield Shopping Park owned by Brookfield Property Unit Trust and managed by JP Morgan
Golf Course Land
The land to the west, across New River, is part of a BoB owned golf course. This area has been highlighted as an opportunity area to illustrate the potential incorporation of part or all of this land into any development concept coming forward, provided this is beneficial to Brookfield Riverside.