Saturday, July 18, 2009

Twice The News, Half The Story, None Of The Redevelopment

There seems to be some (more than usual) confusion emerging about a town centre developer going into administration this weekend.

As Swindon Centric reported Thursday, Swindon Borough Council officially announced that the Regent Place plan was dead, due to "Modus Ventures' financial difficulties" (read financial difficulties as, in administration) on Tuesday. This was despite Modus being reported as in administration on 29th of May by the BBC.

Swindon Centric Says ; So, there isn't ANOTHER developer going bust, it's still Modus. Meanwhile, we're still waiting for our town centre.

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