Maidenhead Waterways Update
Issue date: 3rd September 2013
Maidenhead Waterways Restoration Trust has had a good summer, with some important key developments for the project:
- A (>£300k) detailed design contract has been funded and let after a competitive tender, placing the restoration group in a position where, by early 2014 they should be able to commence implementation of their consented plans, once funding is in place;
- A major £100m redevelopment of the pivotal Chapel Arches site in Maidenhead town centre, through which the Thames stream flows, has received planning consent and the build is set to start in January/February 2014. It is designed to embrace the restored waterway and will part fund the creation of the waterside setting from which it will benefit. The Trust is now liaising with the developer to converge their respective plans;
- Royal Borough of Windsor and Maidenhead and the Trust’s joint application to the Government funded Growing Places scheme has just been confirmed as successful. £1.6m of interest free loan funding will be topped up by Section 106 funds from the early Area Action Plan developments to fund a £2.1 million first-stage implementation of the waterway commencing early next year. Section 106 receipts from ongoing Area Action Plan developments will be used to repay the loan, which is being underwritten by the local authority.