McLaren Living partners with AEW to regenerate shopping center and deliver homes in U.K.

McLaren Living has partnered with AEW, the real estate investment manager, to redevelop Broad Street Mall and bring forward a new mixed-use neighborhood in Reading Town Centre in the United Kingdom.

Located in the heart of Reading Town Centre, the new development is close to local shops, cafes, bars and a theatre as well as being in close walking distance to Reading train station, with direct links to London and the southwest.

The proposals to redevelop the southern part of the 4.6-acre site include approximately 600 market and affordable build-to-rent homes and 15,000-square-foot of space comprising commercial, retail and leisure. The residential buildings will be strategically positioned south of Broad Street Mall, tracing the path along Dusseldorf Way and integrating into the wider Minster Quarter masterplan.

The mixed-use development will also deliver publicly accessible open space and an improved landscaping scheme to both Queens Walk and Dusseldorf Way, wh