Page last updated at 12:44 GMT, Thursday, 27 November 2008

Developer signs town revamp deal

A developer has been chosen for a 350m regeneration project in Swindon.

Muse Developments has signed a deal to build the mixed-use site between the railway station and the town centre.

Union Square will provide up to 160,000 sq m of new offices, new homes, retail units and new leisure facilities, Swindon Borough Council said.

It is the largest of six zones earmarked for development by the New Swindon Company - a partnership overseeing the town's regeneration.

Borough councillor Phil Young said: "The plans for Union Square are extremely exciting and will go a long way to providing Swindon with the town centre that it deserves.

"To deliver such a significant regeneration project while the country as a whole is facing a recession is a major achievement for all involved."

Peter James, chief executive of The New Swindon Company - a partnership overseeing the town's regeneration - said: "Swindon is rising above the current economic gloom.

"The town has absolutely massive potential and this flagship project will help us to reach it."

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