Due to government regeneration schemes, and a high demand for properties in the Surrey area, it’s clear that Surrey as we know it is about to undergo some rapid and lasting changes over the next few years. In fact, you may not even recognise the area once some plans are completed. However, this is great news as it will make housing more accessible, alongside providing residents with access to better leisure facilities.
With that in mind, here are key building projects in Surrey in the next five years that you may want to keep an eye out for.
Croydon Road Regeneration Scheme.
The Croydon Road Regeneration Scheme is set to transform the area for the better. The plans were first put forward by the Caterham Business Improvement District – a group of over 200 local businesses that want to improve the local area for the better. Plans for the development include making the area more accessible by widening the pavement along one side of the road.
The scheme will also see trees planted alongside the road, creating a barrier between businesses and traffic and improving the air quality in the area.
Woking has a population of approximately 101,000 – with trends showing a steady rise in the demand for properties in the area over the past five years. As a result, it’s hardly surprising that there are various plans for development in the area – including the highly-anticipated Victoria Square Development. This will include the construction of two high rise buildings (each over thirty stories high) – and is set to be complete before the end of the year. This will work towards solving the housing crisis in the area. Furthemore, in addition to homes, the development will also feature restaurants and additional exciting amenities.
Guildford’s Housing Development
Guildford is yet another area in Surrey where the demand for housing is far above the number of available properties. As such, plans are underway for the construction of 1,500 new homes situated close to the River Way (Slyfield). Named the Weyside Urban Village, it is set to be constructed over a ten year period. This scheme is supported by the government but does not have a confirmed end date as of yet.
London Road Development
London Road is located in the town of Camberley and is set to undergo huge developments over the next decade. In fact, around 5.5 acres of land are set to be turned into new residential properties, alongside commercial and retail spaces to make way for new businesses and returning local favourites. This is great news for local residents.
Staines Hotel Development
Staines is a popular destination for tourists visiting Surrey – meaning it’s hardly surprising that hotels in this area are often in high demand. As such, the Bridge Street Carpark and Hanover House are set to be turned into a luxury hotel complex. This redevelopment will turn the space into a four-star hotel run by the Arora Group hotel. In addition to 300 bedrooms, the complex will also be home to a number of exciting amenities – from luxury spas to restaurant and dining facilities. It will also be used to house conferences and formal events such as balls and banquets.
Guildford town centre
With a growing population, there are numerous plans underway to breathe new life into Guildford’s historic town centre. For example, the council has launched plenty of development plans for the North Street area – including the construction of new homes and commercial spaces such as shops and restaurants. Guildford Railway station, first built in 1845, is also set to undergo refurbishments – which are necessary as it connects the town to major transport links.
The local council in Redfield announced in 2017 that they intend to revamp large areas of the town’s centre – to bring the area up to date and meet the demands of the local residents. In addition to new residential properties (such as homes and apartments), this development will also make room for a new cinema, restaurants and numerous shops.
Earlier in 2021, work began on constructing a new housing development in Epsom – close to Ewell High School. Once completed, ‘Buckthorn Grange’ will consist of around 136 new properties – a combination of three-bed houses and two-bed apartments. As there is a high demand for properties in the area, the council has announced that 65 properties in the development will be classified as affordable housing and marketed accordingly.