Late last month, Shropshire Council concluded its controversial deal to purchase three Shrewsbury shopping centres from an offshore trust. The price was £51 million. The Shropshire Star called the deal “an extraordinary and historic purchase” and described the council as “brave”. Bravery is one thing but I suspect this purchase to be unwise. If I […]
Tag: Shrewsbury shopping centres
Shropshire Council agrees to buy a shopping centre, build a road, refurbish its offices but not build council housing
Yesterday, Shropshire Council agreed in private session to buy the Darwin, Pride Hill and Riverside shopping centres. BBC Radio Shropshire is suggesting that the purchase price is £60 million. The day before, the cabinet agreed to spend £300,000 on consultancy fees to examine refurbishing Shirehall at the cost of more than £18 million. If the […]