Build-to-rent (BTR) developer and asset manager BlueCastle Capital has secured planning consent for a 21-storey residential tower in Stevenage.
The company intends to replace the former New Look store at 9-11 The Forum with a 69m tower providing 225 rental apartments.
The on-site amenity provision will include residents’ lounges, co-working spaces, a gym, bike parking and a 24-hour concierge.
Construction of the tower, which has been designed by 5plus, is expected to commence in early 2026 with completion due in the middle of 2028.
Barry Coltrini, development director at BlueCastle Capital, said: “We are delighted to have obtained the consent from Stevenage Borough Council for a landmark development that will inject new vibrancy into the heart of the town. This project represents our commitment to delivering high-quality rental homes in well-connected, fast-growing locations. With its exceptional design, premium amenities and proximity to the emerging life sciences hub, this development will contribute to the town’s regeneration and provide a fantastic living experience for residents.”
