Stevenage town centre redevelopment plans scrapped

15:26 25 May 2012

How the town centre could have looked

How the town centre could have looked

Archant

Multi-million pound plans to redevelop Stevenage town centre have been scrapped.

Stevenage Borough Council announced yesterday that a £250m scheme for the shopping area has been pulled by Stevenage Regeneration Limited (SRL) because of the continuing adverse economic conditions.

The plans which included realigning streets, moving the bus station and building a new department store, cinema, hotel, restaurants and flats were given council planning approval in January.

Council leader Sharon Taylor said: “It is disappointing that due to market conditions our partnership was unable to deliver SRL’s scheme but we appreciate the support that SRL have provided to date and understand that the recession has forced them to make this difficult commercial decision.

“However, regenerating the town centre is critical to the future of Stevenage and remains a key priority for the council. We are therefore actively and urgently considering a number of options to bring forward new opportunities for development.”

1 comment

  • This is not bad news as there is little more than architectural 'make up' that can be applied to the new town to alleviate its functional drabness. However it is an efficient shopping machine. It is about time the Borough Council sorted out the appalling vehicle abuse of Stevenage's unique Old Town historic High Street and invested in its environmental amenity.

    Report this comment

    patrick newman

    Friday, May 25, 2012

More news stories

Yesterday, 16:58

The East and North Herts NHS Trust’s carers lead and enhanced care team have both been shortlisted for top national nursing awards.

Yesterday, 14:24

Scale modelling enthusiasts showed of their skills at the weekend with the annual Shuttleworth Veteran Aeroplane Society’s scale model exhibition at the Shuttleworth Collection near Biggleswade.

Yesterday, 13:58

A writer, a psychologist and a double Olympic medallist are to visit a Letchworth girls’ school to mark International Women’s Day – with the public invited to attend free of charge.

Yesterday, 08:27

A Letchworth-based building firm is celebrating the success of its female staff after 13 of them were shortlisted in the national Women in Construction Awards.

Most read stories

HOT JOBS

Show Job Lists

Most commented stories

Digital Edition

Image
Read the The Comet e-edition E-edition

Newsletter Sign Up

Sign up to the following newsletters:

Sign up to receive our regular email newsletter