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Chatham place hits a century

17 April 2008  -  Over one hundred apartments have now been sold at Chatham Place since the scheme was launched in October last year.  This represents almost half of the 211 one and two bedroom apartments available in this first phase of development.

Catie Evans, residential marketing manager of Muse Developments comments: “We are naturally delighted with the response to our apartments at Chatham Place.  We were confident that we had an excellent product with the design and quality on offer  at Chatham Place  and believed we were setting a new benchmark for Reading.   The fantastic public response has confirmed this.”

Jane Knight of local agents, Haslams comments: “The regeneration of this area of Reading has proved extremely attractive to purchasers, with its proximity to the town centre and station.  The new areas of public open spaces together with the retail, restaurant and arts amenities that are being created will ensure that Chatham Place becomes a major destination in Reading.”

Charles Buckely of joint agents Hamptons comments:  “ In light of the uncertainty and negative press surrounding the UK residential property market, sales rates and values achieved at Chatham Place have been very positive, which is a reflection of both the quality of design and people's confidence that Reading is well positioned, geographically and economically, for significant growth.”

Chatham Place is a £250m mixed use development on the junction of Oxford Road and Chatham Street in Reading town centre.  It is a partnership development between Muse Developments and Reading Borough Council. It is the biggest new development under way in the town at present and phase one (which is due to complete next year) will feature high end shops and cafes and extensive areas of open space as well as private sale and key worker/shared ownership residential.

The next phase of Chatham Place will include decking over the IDR to link Oxford Road back with town centre and create an impressive area of public open space as well as commercial, retail and more residential.  Work is due to start on this later this year.

The Chatham Place marketing suite is situated at 78 Oxford Road and is open seven days a week from 11am - 6pm.

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