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PROPERTY NEWS ARCHIVE

25 Sept 07 - Major Regeneration Scheme Unveiled

Council bosses have unveiled a major regeneration project in Leeds, which will see dozens of run-down homes in the city demolished. More than 70 dilapidated properties in the Beverleys area of Beeston will be torn down and replaced with new houses and flats.

Leeds City Council believes the £5.96m Government-funded scheme will kick-start regeneration by giving private developers and buy-to-let investors the confidence to put money into the up-and-coming area. Councillor Les Carter said: "It is projects like this that drive an area forward. "The council is investing money in replacing old and obsolete housing to create greater confidence in an area, attracting others to come and invest." He added: "This new scheme will add to the millions of pounds the council is pumping into some of our most deprived neighbourhoods, narrowing the gap between them and the rest of the city."

Source: Leeds City Council


News items supplied by SelectNews, produced by PA Business, part of the group that owns The Press Association, the UK's national news agency. Copyright (c) PA Business 2007.

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