Developer chosen for Northamptonshire revamp plans
A developer has been chosen to oversee a multimillion-pound regeneration scheme in Northamptonshire town.
Wellingborough Council said developers Keepmoat Homes had won a bidding process to redevelop the town's High Street.
The plans include 134 homes, shops, a new hotel and a new 200-space multi-storey car park.
Building work on the project could begin at the end of November, the council said.
Graham Lawman, chairman of the council's development committee, said it was an "exciting time" for the town.
He said: "We are talking about tens of millions of pounds being invested into our town centre, and the beginning of a major improvement project which will extend further than just this one site.
"We need to spend some time fine tuning the proposed High Street scheme in order to come up with a formal agreement with Keepmoat, but we're confident they will give us a top-quality development that will transform this important and high profile gateway into our town centre."
The council has spent around £3.5m on compulsory purchases in the area to start the project. A new £1m road into the site, paid for from government funding, has already been built.