Plans to extend Castle Quay Shopping Centre and build a new cinema, supermarket and 92-bed hotel have been approved today (Thursday) by Cherwell district councillors.
The proposals were submitted by Castle Quay owners Scottish Widows Investment Partnerships (SWIP) last year and could include the possible demolition of the town’s GF Club, which sits in the site designated for the extension. The council chamber was packed with club members campaigning against the decision.
Cameron Murray, fund manager at SWIP says: “We believe this is great news for Banbury town centre, but we still have a long way to go. As a responsible developer we are committed to ongoing discussion with our stakeholders to help shape the final development. Outline planning approvals simply cover the principles of the development; we now need to agree on the detail.
“There is no way of getting away from the fact that this is a significant and positive step to help rejuvenate Banbury Town Centre which we believe will benefit other retailers, as well as residents in the town and surrounding villages.”
Councillors also approved more than 85 new homes in the district. It includes the redevelopment of Orchard Lodge off Warwick Road, Lincoln House near Woodgreen Avenue, St George’s Crescent, Calthorpe House in Calthorpe Street and land to the rear of the Methodist Church on the Fairway. All of these sites will be turned into affordable homes as part of the council’s Build! programme.
A proposal of up to 40 homes, which include 12 affordable properties, was also approved on land near Crouch Hill Farm, off Broughton Road, Banbury.