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Friday 8th of August 2008 07:31:04 PM  

 

Investment Property News - Bueno Investments Limited


Housing Development Receives £1.4m

A multi-million pound housing development in the North East is set to
receive more than £1.4m in regeneration cash.

Redcar & Cleveland Borough Council has secured the money from the regional
development agency One NorthEast.

It will support the creation of residential property, sports and leisure
facilities at Coatham Enclosure in Redcar.

Councillor Mark Hannon said: "The confirmation of funding by One NorthEast
shows real confidence in our plans to kick-start the long-term regeneration
of Redcar and its surrounding area.

"This clearly demonstrates One NorthEast's full support of this dynamic new
development which includes proposals to use innovative technology to provide
cheaper heat and power to the new leisure facilities and housing - it really
will be a landmark development that will bring a sense of prosperity to the
area."

Copyright © PA Business 2007

http://www.buenoinvestments.com/uk_property_investment.php (UK property)

http://www.redcar-cleveland.gov.uk/ (Redcar & Cleveland Borough Council)




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