THE Tees Valley Development Corporation has just purchased a massive stretch of land on the former SSI site for just £1.
Sale of the century or the worst £1 ever spent?
Mayor Ben Houchen may be thinking he’s hit gold but will he be feeling the same once the costs of the clean-up are calculated?
It is reported the clean-up, which could take over a decade to complete, has a price tag that would make a billionaire blush.
There are also 5,000 tonnes of dangerous material, deteriorating and dangerous assets and additional eye-watering demolition costs.
Sorry team Houchen, but you’ve just been turned over.
Stephen Dixon, Redcar
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel