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Ravenscraig £1bn new town goes ahead

Wilson Bowden's ambitions plans to build a £1 billion new town on a former steelworks at Ravenscraig have been given the go ahead after four years in the pipeline.
Standard Life and Land Securities launched an appeal following a ruling by the Scottish Executive to grant part of Ravenscraig town centre status - through an amendment to the Glasgow and Clyde Valley Joint Structure Plan.

The Court of Session overturned the appeal which could effectively have stopped the whole regeneration plan.

Wilson Bowden and joint venture partners Corus and Scottish Enterprise Lanarkshire are now developing detailed plans for the area. Preparatory works on site are due to begin later this year.

Ravenscraig will eventually include 3,500 new homes, over 92,900 sq m of retail and leisure facilities and 185,800 sq m of industrial and business space.

Wilson Bowden chief executive Ian Robertson said; 'I am very pleased that the Scottish Executive's decision has been upheld and we can rapidly progress our proposals for the regeneration of Ravenscraig.

'The structure plan amendment is important because it confers town centre status on Ravenscraig. This forms an integral component of the sustainable redevelopment of the area.

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