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£2m decision over Bournemouth development
1:00pm Monday 14th January 2013 in News
COUNCILLORS will decide whether or not to invest £2million in a town centre development next Wednesday.
Cabinet members will consider a proposal to invest £1m of land and an additional £1m of cash into redeveloping the Leyton Mount car park with a mix of commercial units and flats.
If agreed, its investment will be matched by £2m from development partner Morgan Sindall and £4m from the government’s Get Britain Building Fund and will effectively kickstart the town centre master vision.
The proposal went before cabinet members in December but councillors decided they wanted more information as to how their investment would be protected.