NewRiver in deal to redevelop Basingstoke leisure park

Property company NewRiver said it had won a deal with Basingstoke and Deane Borough Council to redevelop a 66-acre leisure park in Basingstoke for an undisclosed sum.

NewRiver's proposals currently comprise approximately 500,000 sq ft of leisure and approximately 200,000 sq ft of designer outlet shopping.

“The company is confident that this unique combination of leisure and designer outlet shopping will appeal to the local community and a catchment significantly beyond Basingstoke in one of the UK's most affluent regions,” NewRiver said.

The new leisure park is expected to create around 2,000 jobs, it added.

Work was expected to start from 2023 subject to planning consents.