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Multiplex Cinema will spearhead Farnborough Centre scheme

Key Property Investments Ltd, St Modwen Properties PLC’s joint venture with Kuwait-based Salhia Real Estate Co., has submitted a planning application for a nine-screen multiplex cinema, a health and fitness club and restaurant, that will spearhead the regeneration of Farnborough town centre.

The prominent landmark development is the second significant element of the overall masterplan redevelopment which is being undertaken in close consultation with Rushmoor Borough Council.

Agreement has been reached with a national cinema operator, and occupiers for the other facilities in the complex are now being sought.

Simon Rutter, of Key Property Investments, said: “We hope to make a start on site later this year. The complex will provide a new focus to the southern end of Queensmead and generate within the town centre night-time leisure facilities not available at present. “

Green & Partners are the letting agents for the remaining facilities.

For further information contact Simon Rutter of St Modwen on 0207-4995666. Issued by Paul Raymer of Howle Chapman Raymer (0121-236-7771).