Council pressing on with town plans
Monday 16th February 2009, 8:00PM GMT.
An artist’s impression of Southwater Square
Telford & Wrekin Council has agreed to press ahead with £250 million plans to create a civic heart for the borough, helping to create hundreds of jobs in the construction industry.
Cabinet members have set out the ground rules and priorities for a deal between public and private sectors to develop Telford Town Centre.
And delegated authority has been granted to council officers to enter a collaboration agreement with the other partners.
The decision was taken in private session due to confidential, commercially sensitive information being discussed. But details have now been released in a report to the next cabinet meeting on February 23.
It explains how Councillor Eric Carter, cabinet member for regeneration, presented a report about the proposed transformation of the town centre around Southwater, stimulating a multi-million pound boost for the local economy.
“The regeneration of Telford Town Centre was a key priority for the council, its partners and the region,” the report says.
Council leaders have earmarked £17 million for the scheme, with similar contributions by the Homes and Communities Agency and Advantage West Midlands. It is hoped private companies will invest around £200 million.
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Good news. Perhaps during my lifetime some redevelopment will ocurr.
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