Creating a vibrant future for The Oracle

Click here to view our latest update on the scheme

March 2024: Design update

Two planning applications, one for each site to the north and south of the River Kennett, were submitted to Reading Borough Council in December 2022. Since then, Hammerson has been committed to continuing to engage with Council officers and, as a result of this, has prepared and submitted revised planning applications to respond to the feedback received. Further details can be found on the vision page.

Thank you to those who attended our drop-in event at The Oracle and the live webinar, both of which took place in August 2022. The webinar included a presentation followed by a Q&A session with members of the project team. You can watch a recording of the event below.

About Hammerson

Hammerson create vibrant, continually evolving spaces, in and around thriving towns and cities, where people and brands want to be.

Hammerson owns and manages The Oracle, a major retail and leisure destination in Reading and key contributor to the town’s economy. The retailer mix at The Oracle has transformed in the last few years, with household brands complementing new experiential stores, independent restaurants and vibrant pop-ups, ensuring the centre remains relevant and attractive to customers and the wider community.

Our ambition now is to reimagine The Oracle for the future to ensure that it remains a thriving destination in Reading Town Centre. We are committed to enhancing the current offer by responding to new ways, post-covid, in how we work, socialise and live in our town centres, ensuring that The Oracle and town centre thrive for generations to come.  Further detail on our vision can be seen here.

You can find out more about Hammerson by visiting