Of £20m granted to Swindon Borough Council for seven regeneration projects for the town centre, the largest amount – £6m – will be spent on enabling the Kimmerfields development. The work on the site – which will have a new headquarters tower for finance company Zurich – is the most expensive of all the schemes put forward by the council and its Towns Fund Board, a report reveals. The cheapest is the plan to create a new marketplace in the town centre – although that still needs to have a site identified. The Kimmerfields plan will also need £10.5m of the council’s own money to be brought to completion – the report says the project will create 100,000 sq ft of office space, 250 flats and will include a new access off Corporation Street and will see public areas revamped and made into green space.
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