Colchester: shop centre plans put back
9:31am Friday 4th July 2008
A PLANNED £250 million shopping centre is set to be further delayed because of the credit crunch.
Developer Caddick has admitted shoppers will have to wait longer before the Vineyard Gate shopping centre, which was due for completion by the end of 2013, will open.
Spokesman Geoff Goodwill said talks were planned over the next few weeks with no timeline set for development, but stressed the firm was "committed" to setting up the scheme.
- The credit crunch will not affect a £45 million cultural quarter planned for Colchester, a developer has pledged. German developer Garbe and architect firm Ash Sakula want to start work on the St Botolph's "cultural quarter" in 2010.
- More in today's Gazette