West Berkshire Council

£1.5m grant funding for Sterling Cables site infrastructure

We've been awarded £1.5 million towards infrastructure for the Sterling Cables development in Newbury.

Sterling Cables Site Newbury

Issued on: 7 February 2018

The cash came from the Government's Housing Infastructure Fund and will help to fund key roads projects as part of the development such as the Kings Road Link Road, and the widening of Boundary Road to accommodate the two way flow of traffic.

Some will also be used to cover the high cost of decontaminating the site, which is recognised by the Environment Agency as one of the most contaminated sites in the south east.

Discussions regarding how the funding will be distributed are now underway. 

Cllr Jeanette Clifford, West Berkshire's Executive Member for Highways and Transport said:

"We are delighted to receive this funding.  It is a win for West Berkshire as the fund is oversubscribed. However, we made a great case that will deliver good housing on a sustainable site and exactly where they are needed. It will transform a post-industrial 'blot' and help traffic move better around the town. We knew from the start that this site would be a challenge, but working with the developer, the Local Enterprise Partnership and now with Homes England, we are going to deliver."

Benjamin Budd, Director at Nelson Group, who are developing the site, said:

"We are also delighted by this significant funding grant, which will unlock this site and enable us to deliver much needed housing for the local area."