Faithful+Gould has been involved in the scheme, which comprises 1,200m sq/ft of new space, since its inception, and is providing cost management and quantity surveying services.
The redevelopment of Chatham Place is being carried out in two phases, both of which Faithful+Gould has played an integral part in planning.
The company, which has offices in Reading, is currently helping to prepare the masterplan for Phase Two, which is likely to comprise a mixed use development with commercial space, residential units and retail facilities, whilst continuing its work to ensure that Phase One completes on time and to budget.
Phase One works are now underway on site. This is predominantly a residential scheme, consisting of a 97 unit block for key workers and a separate market sales building of 211 units, both featuring one and two bedroom units with retail units on the ground floor and new car parking facilities.
The key worker site should be complete in March 2008, while the market sales site is set to have sectional completions from September 2008 with practical completion in May 2009.
There is also a separate enabling and infrastructure package which includes significant public realm works and highway improvements.
Robert Poole of Muse said: "Faithful+Gould has been instrumental in providing strategic advice from the outset in order to progress the scheme, and this has been very successful. We are very pleased with how things are going."
Alastair Kenyon, associate director for Faithful+Gould, said: "We have been involved in this project right from its inception, all the way through the procurement process from pre-contract to post-contract.
"This is something we are very proud to be involved in. It’s an excellent regeneration project in an area of Reading which needs to be rejuvenated and become integrated with the town centre.
"Faithful+Gould is one of the country’s leading authorities on regeneration and it is this expertise which we believe will really benefit Chatham Place."