Basildon seeks partner for £1bn project

Basildon District Council in the UK is looking for a development partner for the £1bn (almost EUR 1.5 bn) regeneration of Basildon town centre. In a statement, the council said the work could include up to 3,650 homes, as well as 49,000 m[sup]2[/sup] of retail/leisure space, 53,000 m[sup]2[/sup] of commercial space and 4,000 m[sup]2[/sup] of space for community use. The development framework for the city centre, one of the largest regeneration projects in both the Thames Gateway and the UK, was approved in June last year.

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