A new office scheme in Windsor Town Centre by LGIM Real Assets has gained planning consent from Windsor Urban Development Management Panel (Royal Borough of Windsor & Maidenhead).

The 43,000 sq ft office development will be situated on a site, which was formerly the Thames Court building, on the corner of Sheet Street and Victoria Street and just a five minute walk from the town centre.

Mike Barrie, head of Fund Management at LGIM Real Assets, said: “The benefits of this new scheme will be considerable for Windsor and we are grateful for the foresight shown by local councillors in recognising the significant boost it will bring to the local economy. By replacing the current derelict building and site with a new much needed modern office facility for Windsor, the completion of this scheme is expected to create £19m of additional value for the local economy, supporting local shops and businesses.”

Over 400 permanent jobs will be created, in addition to the 200 during construction. Due to start on site in late 2017, it is expected to be delivered in early 2019.