The regeneration of Swindon town centre has taken a step forward with the signing of a Development Agreement which will bring more than £200 million pounds of private and public sector investment into the town centre, and deliver one of the largest regeneration projects in the South West.
Modus Properties has committed to deliver Regent Place, a £215 million scheme, comprising 32,500 sq m of high quality retail, residential, leisure and car park spaces.
This development represents the start of a new era for Swindon. Given the current difficult economic climate and the fact that many regeneration schemes around the UK are being stalled, this agreement re-affirms confidence in the town. Regent Place will bring nearly a quarter of a billion pounds worth of investment into the town centre - and with another Development Agreement on track to be signed by Muse Developments in the very near future, the long-term future of Swindon looks secure.
Posted on Wednesday 3rd September 2008 with
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