14 Milton Road
Milton Keynes MK15 9AD
ST. MODWEN PROPERTIES PLC (“St. Modwen” or “the Company”) update on Wolverton Works, September 2018
In August, Knorr Bremse AG announced that it is to sell Knorr Bremse RailServices Ltd to Mutares AG. The Wolverton Works site remains in the ownership of Key Property Investments Ltd (the joint venture company owned by St. Modwen and Salhia) and Knorr Bremse RailServices Ltd will remain the tenant and operator of the site. St. Modwen has held positive preliminary discussions with Mutares about their future intentions for the Wolverton Works site and looks forward to working with them to deliver the regeneration of the site, following the recently upheld planning consent. Will the Royal Train remain at Wolverton?
Wolverton Works redevelopment plans latest news - September 2018
The owners of the land that Wolverton Works is situated on is St. Modwen and they announced in October 2014 plans to redevelop the 37 acre site. About 20 acres will be for residential and retail use and the rest will be the home of a brand new railway works facility for Knorr-Bremse, the company that bought Railcare from the Administrators in August 2013.
The Outline Planning Application to demolish the Works was taken on 17 November 2016 amongst some controversy. This decision has now been 'called in' by the Government Homes and Communities department and is currently being reviewed. Phil Marsh has made a submission into this process which explained in great detail why the basic railway assumptions submitted by G L Hearn were flawed and physically impossible to deliver! The Lidl discount store opens on 20 Sept.
Wolverton Works demolition. This is the demolition of part of the works in 1992 following the fire in May 1991 - some say suspicious - and this area was also redeveloped. Above shows trains being shunted into the Lifting Shop. Below: The East repair Shop has all but vanished from view with the Lidl shop.