Wednesday, May 13, 2009

Oh So Quiet... Granville Street Development On Hold

A day after the scheme for the residential tower at Regent Circus was shelved, due to the recession, another part of another area due for building has been announced to be going the same way, fast.

The Regent Place (not to be confused with the college site at Regent Circus) area of 'The Hub' area of the rebuilding of the town centre, on the Granville Street carpark, has been shelved for the moment as the retail sector readjusts during the recession.

An attempt at reassurance came out of Councillor Young that the 'Union Square' area (formerly called 'The Exchange' and located on the swathes of land between Fleming Way, the bus station and the railway station) is signed and sealed contract-wise.

Swindon Centric Says ; The New Swindon Company don't seem to be doing much to justify their existence, except renaming the development areas as a marketing team might do the same for a theme park.

Expecting a runaway mine money train to be put into the plans for Regent Place any day now, once the market picks up of course.

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