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Regenerating Swindon
Plans get moving on empty town centre sites off Fleming Way
Swindon’s regeneration has taken another significant step forward today with the signing of a multi-million pound property deal which, according to developers, will 'breathe new life into the town centre'.
Muse Developments has signed a formal Development Agreement to deliver Union Square, a £350 million mixed-use development on the site between the railway station and the town centre (on the site formerly the old post office and the police station).
Union Square is seen as a flagship regeneration project for the town centre and will provide up to 160,000 sq m of high quality new offices and new homes when completed. Key aims of the project include:
- carefully planned traffic management, making walking and cycling safer and more enjoyable
- convenient links between Union Square, the railway station and the town centre shopping area. - provision of walkable streets and attractive new open public spaces · a new and improved bus interchange - a new facility for the Primary Care Trust - high quality car parking in a new multi-storey car park
"Following the recent announcement of plans by Modus Properties to develop Regent Place, a £215 million retail led scheme, Swindon is clearly bucking the current trend of economic gloom," commented Council Leader Rod Bluh "Together, these two developments represent more than half a billion pounds of investment towards the regeneration of Swindon." Words echoed by New Swindon Chief Executive Peter James.
“We are delighted to announce the completion of a Development Agreement with Muse and the beginning of such a significant regeneration project," Mr James added. "Swindon is rising above the current economic gloom – the town has absolutely massive potential and this flagship project will help us to reach it.“ |
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New Swindon Company | |||||||||
Swindon Borough Council | |||||||||