Northstowe spending commitment slashed again

Developer Gallagher Estates, who are due to begin work on the first phase of Northstowe later this year, have again slashed the amount of money they are prepared to commit to providing the new town’s infrastructure. Originally £65 million was promised. This was recently reduced to £40 million and Gallagher have now announced that no more than £30 million will be made available. SCDC councillors will be asked to approve the revised provision tomorrow.
Read details in the Cambridge News here

20th March: Councillors accept the revised deal. Follow-up here

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