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£250m Stevenage regeneration 'still on track'
Stevenage Borough Council (SBC) has confirmed that plans for the £250m regeneration of the town centre are on course, despite 'difficult economic conditions'.
A planning application is due to go before the council's planning and development control committee in spring 2011, which will cover an 18.95-hectare (46.83-acre) area. Four new public squares are due to be created under the scheme, along with the provision of greater opportunities to boost the town's evening activities.
SBC deputy leader John Gardner said: "We are currently processing the planning application and expect it to go before the committee in the spring. "The physical commencement of major regeneration schemes such as this remain highly dependant on the economic recovery of the retail market."