MKDP, together with the development and funding teams have celebrated an official topping out ceremony with the Mayoress of Milton Keynes, Mrs Mandy Legg, for the new Park Square residential project in Central Milton Keynes.

Matthew Green, Property Development Director of MKDP, was joined by Kevin Reid, Global Chief Operating Officer and Head of Europe at Corebridge Financial and Jon Marston, Managing Director for Galliford Try Building East Midlands to talk about the history of the project and its journey to successful development.

As part of a new BTR (Built-to-Rent) scheme, the new complex will provide 329 residential apartments.  The development will comprise four residential buildings of 11, nine, seven and three storeys, as well as commercial space on the ground floor, an underground parking area, and a central courtyard.

Smart meters will be installed in every apartment, and there will be solar PV (Photovoltaic) power and electric vehicle charging stations to provide residents with sustainable and beneficial amenities. A range of Modern Methods of Construction (MMC) will be employed to shorten construction durations and increase safety on site.

Matthew Green said: “Seeing this prominent city centre site, that had been empty for some 15 years, reach this phase of its development is a great milestone for the project.  It is testament to the hard work of everyone involved and we are sure this scheme will be a great asset for Central Milton Keynes.”

Jon Marston commented: “This was a great moment to see so many of our key stakeholders to mark this traditional ceremony as we celebrated this huge milestone. As a business, we have a strong track record of working in the BTR sector and we look forward to continuing to work with everyone to deliver a high-quality building that Milton Keynes’ residents will be able to enjoy later next year.”