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Masterplan a 'key turning point' for Spennymoor
A MULTI-million pound masterplan represents a key turning point for a North-East town, councillors have been told.
Councillor Neil Foster, Durham County Council’s cabinet member for economic regeneration, said the Spennymoor masterplan would set the future of the County Durham town and invited residents to engage with it.
The blueprint includes spending £37m of public money, in the hope of attracting £276m of private investment.
Coun Foster, who has lived in Spennymoor his entire life, said: “There are many challenges.
“Its history over the last 40 or 50 years has been of things going well, then decline; factories coming and then leaving.
“We’re at a key turning point. We’re now looking at what the future of Spennymoor is going to be. It’s a chance for us to sell Spennymoor to the wider world.
“Spennymoor has a long and proud history and this document takes that history forward.”
Coun Lucy Hovvels said Spennymoor had seen big changes and lots of development and the masterplan represented a real opportunity.
The cabinet approved the masterplan.
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