Solum Regeneration – the £500m joint venture between Kier Property and Network Rail - are submitting plans to bring forward a £150m scheme to regenerate Guildford station.
The new scheme will deliver a new station building, enhanced public realm, a transport hub and major rail improvements.
This is the seventh project promoted by Solum, which generates funds from the development of under-used railway land. They have completed projects at Christchurch, Epsom and Walthamstow. This particular scheme in Guildford will be funded by building 445 new homes, offices, shops and restaurants.
A 14-storey tower block and a multi storey car park will also be constructed as part of the plans.
Development Director at Solum Regeneration, Peter Hughes, said: “This is another step forward for Solum Regeneration. We have now completed three major schemes and two more are about to start.
“Guildford will be our biggest regeneration project yet. Our proposals will regenerate an unsightly and underused brownfield site in the town centre and provide a modern, attractive station.”
Solum will also start work at Redhill and Haywards Heath, and Twickenham after the Rugby World Cup in 2015.
Work on the Guildford regeneration project could begin in late 2015.