Investment Property News - Bueno Investments Limited

The Secretary of State for Communities and Local Government has approved a
£300m regeneration scheme in Wolverhampton city centre.

Hazel Blears has given the green light to Wolverhampton City Council for the
compulsory purchase of 72,000 square metres of land.

The site will be used for the construction of the Summer Row development,
which will include a shopping centre, a cinema, other leisure facilities, as
well as homes and a new underground car park.

Councillor Peter Bilson, Wolverhampton City Council cabinet member for
regeneration and enterprise, said: "This is fantastic news for the ongoing
regeneration of Wolverhampton. Summer Row will put us on the map.

"I feel that 2008 really is going to be a momentous year in the history of
this city with several major regeneration schemes like Summer Row and the
Interchange getting off the ground.

"It is certainly an exciting time to be living and working in Wolverhampton."

Copyright © PA Business 2008

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

http://www.wolverhampton.gov.uk/ (Wolverhampton City Council)