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Home / Business and Economy / Major Makeover for Reading's Oracle: Homes Replacing Shops

Major Makeover for Reading's Oracle: Homes Replacing Shops

2 Dec

•

Summary

  • Over 400 new apartments planned for the shopping centre.
  • Former Debenhams and Vue cinema to be replaced by towers.
  • Project recommended for approval by Reading councillors.
Major Makeover for Reading's Oracle: Homes Replacing Shops

Reading Borough Council's planning committee is set to decide on significant changes to the Oracle shopping centre. The proposed redevelopment includes the construction of over 400 new apartments, transforming the existing landscape of the mall.

As part of these ambitious plans, the Vue cinema and the site formerly occupied by Debenhams department store will be demolished to make way for new residential towers. The centre, which opened in 1999, was fully acquired by Hammerson last month.

Despite the proposed changes, several major retailers, including Zara and Apple, are preparing to expand their current units early next year. The project has received a recommendation for approval ahead of the upcoming council meeting.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Plans include over 400 new apartments, with the Vue cinema and former Debenhams replaced by new towers.
The decision will be made by Reading Borough Council's planning applications committee on Wednesday.
Major stores at the Oracle include Zara and Apple, with plans for some to upsize their units.

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