Wiltshire

Swindon town centre regeneration project back on track

Artist's impression of Regent Circus development project
Image caption The Regent Circus redevelopment project in Swindon will include shops, bars, restaurants and a cinema

A regeneration project in a Wiltshire town has taken a major step forward.

A plan for a supermarket, cinema and bar and restaurant complex on the former college site in Regent Circus in Swindon had been beset by delays.

The most recent hold-up came after developer Parkridge Retail Ltd, which was partnered with Ashfield Land on the project, went into liquidation.

Ashfield Land has acquired the scheme's remaining 50% of shares held by Parkridge and is pressing ahead.

Managing director Andrew Fisher said the deal was "excellent news."

He added: "It ends any uncertainty associated with the Regent Circus scheme and means we can now press ahead with the regeneration of a key area of Swindon town centre."

The £50m project, which has received detailed planning permission from Swindon Borough Council, will include a 52,000 sq ft Morrison's superstore, eight restaurants and bars, a 30,000 sq ft six-screen cinema and a 450-space car park.

The former Victorian technical college will be turned into offices.

Ask is the first national restaurant chain to lease a unit.

Work on demolishing the existing college buildings is expected to begin before the end of the year.

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