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”.
Work is set to start on an £18 million block of flats off Six Hills Way and London Road next month.
- 1 Men sentenced after guns and class A drugs uncovered at Ickleford property
- 2 Stevenage Pizza Hut closure prompts Nando's plans
- 3 Woman on trial over bottles smashed in Aldi store
- 4 Stevenage MP earns over £4,000 per month from other jobs
- 5 High winds stop Stevenage Christmas lights switch-on event
- 6 Former army major sentenced after pillion rider dies in motorcycle crash
- 7 Missing Letchworth woman found safe and well
- 8 Enter Shikari to play Club 85 gig in Hitchin as part of The National Lottery’s Revive Live Tour
- 9 James Bay announces intimate ‘New Songs New Stories’ solo tour for Independent Venue Week
- 10 Walk-in and booster vaccine slots available this week