ONE Station Hill wins BCO National Award
10 Oct 2025Project praised for its outstanding sustainability credentials and next-generation office design
13th Dec 2021
Sir Robert McAlpine appointed to Station Hill, Phase 2 in Reading
Lincoln MGT, a joint venture between Lincoln Property Company and MGT Investment Management, has announced the appointment of Sir Robert McAlpine as the contractor for the second phase of its £750m Station Hill scheme in Reading.
We have been appointed as lead contractor for the second phase of the Station Hill regeneration scheme in Reading.
We are delivering the most prominent phase of the regeneration project, which includes ‘ONE’ Station Hill (the 275,000 sq ft office building), a new public square and a link bridge providing level access from the train station through to the town centre. This latest phase will be completed in early 2024.
Preparatory works have already begun, with the town centre now visible from the train station for the first time in generations following the demolition of the Garrard Street car park, regarded by many as an outdated and unpleasant welcome to Reading.
Construction on the first phase, a new 600-home community, is also well underway, with the first homes ready to occupy in Q2 2023. Final completion is expected to coincide with the conclusion of works on Phase 2 in 2024.
Once complete, Station Hill will comprise up to 625,000 sq ft best-in-class office space, 1300 private and affordable homes, and 100,000 sq ft of new lifestyle-led retail and leisure space, including potential for a 200-bed hotel and later living accommodation, and central two acre piazza. This will deliver a truly sustainable eco system of blended uses that complement one another, setting a new benchmark for regional regeneration.
As we continue at pace at Station Hill, already one of the largest-ever speculative projects in the history of the Thames Valley, this announcement ensures that Reading will soon have a new, world-class welcome befitting its status. Sir Robert McAlpine brings with it over 150 years of experience delivering iconic construction projects and we are delighted to partner with them to deliver this unique, cohesive vision for the people of Reading.
Alex Aitchison, Director of Development at Lincoln Property Company UK
Latest news from ONE Station Hill
-
![]()
Read more about -
![]()
Read more aboutNational BCO Awards 2025
28 May 2025ONE Station Hill reaches the national final after scooping South West and Wales regional prize for Commercial Workplace
-
![]()
Read more aboutONE Station Hill reaches practical completion
06 Dec 2024Congratulations to all those who have worked on ONE Station Hill in Reading as the project completes.
Latest news
-
![]()
Read more aboutSustainability Impact Report 2020-25
24 Aug 2026Our five-year strategy records a 33% reduction in carbon emissions, £153m social return on investment and major advances in resource efficiency and responsible sourcing
-
![]()
Read more aboutSupporting the National Theatre’s 50th anniversary
10 Aug 2026The iconic theatre on London's South Bank was completed by us in 1976 and a free public installation is opening in October 2026 to commemorate its 50th anniversary
-
![]()
Read more aboutTolworth’s Tala Building progress delights stakeholders
04 Aug 2026Local politicians were among those who joined tours of the new mental health facilities set to open in 2028
