Bracknell Council Pressures New Owners of Deck Site for Redevelopment Plans
What happened
The Deck site, a former department store in Bracknell, was included in the £150 million sale of Lexicon to Realty Income in November 2025. Bracknell Forest Council is currently pressing the new owners for proposals regarding the site's future, as detailed plans have not been made public in five months of the council's renewed calls for action. The council is due to meet the owners to discuss the development or potential alternative approaches.
From bracknellnews.co.uk
Why it matters
The site was originally earmarked for a multi-million-pound food and shopping quarter, but the initial scheme was abandoned in 2023. The council's push for a plan affects the potential for commercial revitalization and the future use of the property in Bracknell.
From bracknellnews.co.uk
Who's involved
- LexiconCompany whose asset, The Deck, was included in the £150 million sale.
- Bracknell ForestThe unitary authority pressing the new owners for regeneration proposals.
- BracknellThe town where the former department store, The Deck, is located.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- BracknellSpeculative
The lack of firm plans could potentially delay commercial investment and reduce retail demand in Bracknell.