Camberley town centre received £1,480,300 in September 2024 from HM Government through the Brownfield Land Release Fund (BLRF2), part of the One Public Estate Programme. This funding will support a new residential development on the London Road site, located next to the A30 in the heart of Camberley. The council will also be making a substantial financial contribution to ensure the preparation works go ahead and a step change in the town is delivered.
The Executive has been asked to approve the commencement of works, including asbestos removal and safely demolish derelict buildings on the site - clearing the way for the site’s future development.
Councillor Kel Finan- Cooke, Portfolio Holder Property & Economic Development, Surrey Heath Borough Council said;
“The London Road Development site has reached a significant milestone with the commencement of these works. The active development of the site enables the next step of securing a housing developer.
The works are due to start this summer and will complete in 12 months. The area will be surrounded by hoarding whilst the works take place to protect the site and ensure the public’s safety.
We will continue to provide updates as the work progress.”
The marketing for the site will start later this year to secure a development partner to deliver further regeneration and new homes to Camberley.”
Investor opportunity for a key Surrey site
Camberley presents exciting potential for investors. If you’re interested in learning more about development opportunities at the London Road site, please contact us at: economic.development@surreyheath.gov.uk.
What is the One Public Estate Programme?
The One Public Estate Programme is a joint initiative between the Office of Government Property (Cabinet Office), the Local Government Association, and the Ministry of Housing, Communities and Local Government (MHCLG). It offers practical support, technical expertise, and funding to help public sector partners deliver transformative, property-led projects.
Learn more about this round of funding by visiting https://www.gov.uk/government/news/thousands-of-new-homes-to-be-built-as-government-unlocks-brownfield-sites.
What is the Brownfield Land Release Fund?
As part of the £1.8 billion investment package announced in the 2021 Spending Review, the Brownfield Land Release Fund (BLRF2) allocates up to £180 million to English councils over three years. The goal is to regenerate derelict and underused brownfield sites, unlocking new housing opportunities and revitalising local communities.