Creating a vibrant future for The Oracle



We would like to share our long-term aspirations for The Oracle and introduce our vision to regenerate the eastern end of the centre, which includes the former Debenhams unit, located north of the River Kennet, and the Vue Cinema and restaurants to the south of the river. Both are bounded to the west by existing shops in the Oracle and to the east by Yield Hall Place.

 Site Location

Site layout - click to enlarge

The evolution of the site

The site has evolved over time and has a long history as a place of work and industry. It previously housed a tannery and watermill, as well as one of the country's first workhouses in the 17th century, and most recently the Simonds Brewery and the Reading Transport bus depot. The bus depot was demolished in the late 20th century to make way for The Oracle.

The site and Reading have a rich and fascinating history, which will inform the design decisions and influence the look and feel of the buildings. The scheme will seek to integrate into Reading’s townscape and give the new buildings a strong and attractive identity that respects of Reading’s past and is optimistic about its future.


19th Century - click to enlarge

20th Century

20th Century - click to enlarge

The Oracle today

The Oracle today - click to enlarge

Our plans will help the Oracle to continue to perform its vital role in Reading Town Centre – enhancing the current offer by responding to new ways of working, socialising and living in our town centres. This will be achieved by providing:


A revitalised and reconfigured retail offer to meet the changing demands of retailers


High-quality, purpose-built homes for rent, professionally managed at the heart of the town centre


A modernised entertainment and leisure offer that reinforces The Oracle as, the place to be, throughout the day and night


Enhanced pedestrian connectivity in and around The Oracle and improved public spaces along the riverfront

Click here to view more about our vision for the site.