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Last Updated: Friday, 3 August 2007, 11:01 GMT 12:01 UK
Diggers due in town redevelopment
St Austell
The 75m scheme is part-funded by the government
Work is to start in October on new shops, bars and cafes in a 75m revamp of St Austell town centre.

The Regional Development Agency (RDA) signed legal agreements with David McLean Developments on Friday.

The government-funded RDA is investing 31.5m in the project, with the rest coming from David McLean.

It means major diggings will soon start on the redevelopment which also includes a new cinema in Aylmer Square, underground car park and 70 apartments.

Robert McGuffie, the RDA's Cornwall regeneration manager, said: "This deal is what St Austell has been waiting for and we're delighted that contracts have been signed."

Richard Dean, managing director of David McLean Developments, said: "This agreement is a milestone in the regeneration of St Austell."

Demolition work has already started in St Austell on an old Tesco building.

The scheme, which is expected to employ 600-700 people, will take two years to complete.




VIDEO AND AUDIO NEWS
The deal follows years of frustration for locals and businesses



SEE ALSO
Town closed for store demolition
17 Sep 06 |  Cornwall
Store faces bulldozer in revamp
29 Aug 06 |  Cornwall
Shop bought in 40m town revamp
03 Apr 06 |  Cornwall
Town's 40m revamp moves closer
20 Mar 06 |  Cornwall

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