Carey Jones Chapman Tolcher (CJCT) has secured planning approval for a £70 million build-to-rent (BTR) development in Reading, designed for John Lewis Partnership BTR Ltd. The scheme, which was unanimously approved by Reading Borough Council’s planning committee, will deliver 170 apartments on the site of a former customer collections centre on Mill Lane, opposite The Oracle shopping centre.

The project, reduced from an earlier proposal for 215 homes, forms part of John Lewis Partnership’s wider entry into the build-to-rent market. The retailer’s BTR arm seeks to redevelop underused sites within its property portfolio to provide long-term rental homes which it will own and manage directly.

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