Stevenage town centre regeneration: Ribbon cut on Park Place second phase
- Credit: Archant
Stevenage town centre’s regeneration took another step forward yesterday as the ribbon was cut on the second phase of a £50 million project.
Stevenage Borough Council chief executive Scott Crudgington formally unveiled the second block of the Park Place development, Boston House – which contains 202 flats – flanked by representatives of developer MBU Capital and construction firm Ashe.
“Park Place provides new homes in the centre of Stevenage,” said Mr Crudgington.
“It complements the borough council’s £350 million redevelopment plans, which will bring a boost to our local economy with the potential for hundreds of new jobs and training opportunities for local people.”
The development is being led by MBU Capital’s Ajaz Ahmed. The company says about 60 per cent of the flat sales there so far have gone to “local people, many using the government’s help-to-buy scheme”.
You may also want to watch:
Work is set to start on an £18 million block of flats off Six Hills Way and London Road next month.
- 1 How many people in Stevenage were fined for breaking COVID-19 laws?
- 2 SG1 regeneration officially under way as holding direction is lifted
- 3 Hitchin schoolboy Alex Kirk signs professional deal with Arsenal
- 4 Confirmation that Stevenage Five Guys restaurant is coming soon
- 5 The Market Theatre could be axed as plan for flats is drawn up
- 6 Do you have memories of Stevenage's Bowes Lyon skate park for history book?
- 7 Long-term flooding fix earmarked for major Stevenage road
- 8 Warning as more residents targeted by scam police calls
- 9 The hospice nurses administering COVID-19 vaccine in nearby care home
- 10 TV, motocross and quad bikes stolen in Stevenage burglary