New £15 million district centre in Oxford unveiled - Business Leader News

New £15 million district centre in Oxford unveiled

Asda in Didcot

A new £15 million mixed-use development in Oxfordshire, with occupiers including a major supermarket chain and high street retailers, has reached practical completion.

The district neighbourhood centre at Didcot boasts an Asda supermarket, 10 retail units, a public house, 20 apartments, a children’s day nursery, a dentist surgery, chemist and a care facility.

It has been delivered by Birmingham-based HDD – which specialises in retail-led and mixed-use developments – as part of a residential development of 3,300 homes at Didcot’s Great Western Park.

Anchored by an 11,000 sq ft Asda store, other secured occupiers in the 9,400 sq ft of ancillary retail space include Domino’s, Costa Coffee, an estate agent, vets and a hairdresser.

The public house has been sold to Marston’s PLC, while Bright Horizons has purchased the nursery plot.

Retirement house builder McCarthy and Stone has delivered Extra Care housing.

All of the residential units have been acquired by Oxford City Council as social housing.

Knight Frank Investment Management (KFIM) acquired the Asda supermarket, while the retail units – which have all been pre-let – have been acquired by Oxford and Oriental Limited.

The entire site should be operational by the end of the year.

Scott Davidson, managing director of HDD, said: “We are delighted to announce practical completion of the district centre at Didcot.

“It is an important part of the wider Great Western Park development and, with a great range of retail occupiers, it will prove to be a real asset.

“There has been a lot of interest in its progress since the plans were announced, so it is very satisfying to deliver the much needed local centre.  It highlights experience and our ability to deliver developments of this size and variety.”

Construction of Great Western Park began in 2011. Currently more than 1,600 homes are occupied, with completion of the whole site scheduled for 2022.