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21.
March
2017.
Swindon solicitors celebrate milestone in Old Town’s regeneration
Swindon solicitors
celebrate milestone in Old Town’s regeneration
Francis George Solicitor Advocate in Swindon are celebrating the successful
preparation and negotiation of the £35m project that will revitalise one of the
town’s most historic areas.
After
years of careful negotiation with Swindon Borough Council, establishing an
agreement to renovate the former Locarno ballroom in Old Town, the project is
now entering the transformative phase.
Steve
Rosier, the Project’s Director, said: “It’s been seven years since Francis
George started on this project. They’ve worked on the framework and
demonstrated how landowners and local authorities can work together to apply
transformative change.”
“The
next steps,” said Mr Rosier, “are to finalise the joint venture agreement with
the land owner and make an agreement with the builders.”
In 2020 the Grade II listed building, which is to become known as The Exchange,
will reopen its doors as a hub for shops, restaurants, bars, bistros, a
boutique cinema and niche shops.
And Mr
Rosier believes that if Francis George Solicitor Advocate had not gone out of
their way to keep costs down, then the contracts may not have been completed at
all.
Maintaining competitive pricing has always been important at Francis George
Solicitor Advocate, and The Exchange negotiations, all in accordance with the
planning brief, demonstrate the bespoke service applied across all their property
conveyancing and commercial matters.
Estimates
by Francis George Solicitor Advocate point to significant commercial and
residential growth in light of the development; 30% increases may well be
observed in valuations.
The
vision, shared publicly on www.theexchangeswindon.co.uk, is to make a
significant difference to not only the iconic building, but also the
surrounding High Street, Wood Street and Market Square. The area is to become
friendlier for people to live, work and enjoy, with entertainment and
sustainable street markets also to be encouraged.
Ends
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