Town Centre redevelopment deal signed
November 17, 2009 12:00 AM
An artist's impression of what the new-look Grosvenor Centre could look like.
Lib Dem-run Northampton Borough Council has agreed a landmark deal with Legal & General binding the developer to push ahead with the redevelopment of Northampton's Grosvenor Centre and Greyfriars bus station.
As part of a multi-million Pound town centre overhaul, historic pedestrian routes across the town would be complemented by a open and covered shopping areas, better car parking and modernised bus facilities to replace the outdated bus station.
Legal & General will now work with the Council to set priorities for the venture before a planning application is submitted. Northampton's biggest ever public consultation will form part of the work, involving businesses, bus companies and the public.
Responding to the news, Lib Dem Cabinet member for Planning & Regeneration, Cllr. Richard Church said:
"I am delighted that we now have a binding deal with L&G. It is a significant step forward towards a better, brighter town centre.
"The deal is a huge commitment by one of the country's largest corporate developers in Northampton's future and is doubly impressive given the state of the economy.
"The Lib Dems want Northampton to be a town with a stronger sense of identity, community and civic pride. Better shopping facilities and public transport facilities are a must, not an optional extra.
"There is still a huge amount of work that needs to be done before work gets under way, but this is good news."
ENDS
To read the Chronicle & Echo's coverage, click below:
http://www.northamptonchron.co.uk/news/New-deal-for-Grosvenor-Centre.5828974.jp
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