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Old 20-01-2008, 11:14 PM   #3 (permalink)
Leofric
Next Train's Gone!
 
Join Date: Mar 2006
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Quote:
Originally Posted by chillitt View Post
Or did I dream it? No! it's real!! BBC NEWS | England | Coventry/Warwickshire | Coventry £1bn redevelopment plan
What do you get for a billion nowadays? More importantly, Whose billion is it?
It's private money from developers plus some from the council. There are three major landowners involved - Modus, Morley and the City Council.

This is very good news. Coventry City centre is an absolute mess, having been subjected to a series of botched attempts at regeneration over the years. This has left the city centre disjointed.

Added to current developments in the city - the big development at the Butts (Which is going to be home to a government department), the relocation of Severn Trent to a new office building near the police station, and developments such as Friargate & Belgrade Plaza - this is good. Hopefully they'll get it right this time!
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