The Nicholson Shopping Centre in Maidenhead has received unanimous consent from the Royal Borough of Windsor and Maidenhead for redevelopment. The £500 million (€567.77 million/$655.15 million) scheme, brought forward by Areli Group and Tikehau Capital, will transform the existing shopping center and surrounding land into a vibrant new town center neighborhood for Maidenhead.
The Nicholson Quarter is the second significant planning approval for the partners in recent months, after receiving approval for Brentford Works in September, and the two schemes will deliver more than 1,700 new homes alongside more than 250,000 square feet of commercial floorspace.
The mixed-use development includes 755 new homes; 101 senior living homes; high-quality office space and workspace; and more than 55 new shops, bars and restaurants, all set within more than 1.65 acres of public realm.
The redevelopment of the shopping center will also deliver sustainability measures such as
