UK Regeneration Scheme Plans Approved

30 September 2010 (Last Updated September 30th, 2010 18:30)

Outline plans have been approved by the local council for Firepool, the first major phase in the regeneration of central Taunton in Somerset, England. Regeneration specialist St Modwen, also based in the UK, will deliver the £270m ($427m) development for Taunton Deane Borough Council.

Outline plans have been approved by the local council for Firepool, the first major phase in the regeneration of central Taunton in Somerset, England.

Regeneration specialist St Modwen, also based in the UK, will deliver the £270m ($427m) development for Taunton Deane Borough Council.

Plans will involve transformation of the 18,210m² Priory Road Car Park into new 46,450m² of office space and 400 residential homes, according to thisissomerset.co.uk.

The first phase of the Firepool development could create up to 600 jobs.