Sackville Developments has submitted plans for its £500m Station Hill mixed-use scheme next to Reading Station
The company, which is owned by Reading Football Club chairman John Madejski, plans a 1.4m sq ft (130,060 sq m) scheme comprising a cluster of tall buildings.
The first £160m phase will comprise a 230,000 sq ft (21,370 sq m) residential tower with 32 storeys and a £150m, 24-storey office tower equating to 270,000 sq ft (25,085 sq m) of office space. The second and third phases will include two office towers of 240,000 sq ft (22,300 sq m) and 170,000 sq ft (15,800 sq m) office block, and two residential towers of 87,000 sq ft (8,080 sq m) and 154,000 sq ft (14,310 sq m).
Shops, cafes, restaurants and an arts centre will also be included in the scheme which was designed by Scott Brownrigg,
It plans to start the speculative development, next year. The first phase will be complete by 2011.
Sackville bought the site from Land Securities for £28m in 2005. It is advised by development managers Horstonbridge.