BUDGET 2015: George Osborne has pledged £7m to the Greater London Authority to support the development of the Croydon growth zone in his Budget speech.
The government estimates this money will unlock more than 4,000 homes and 10,000 jobs
James Lass, fund Manager of Schroder UK Real Estate Fund, said: “We recognised the area’s potential for growth thanks to its excellent transport infrastructure and fast connections to the City and to Gatwick airport, as well as its large working population and, of course, its affordability.
“With news just last week that Boxpark is to open a new site at our Ruskin Square development next summer, confidence in Croydon is growing and it’s great that the government is recognising this and putting public funds behind its ongoing regeneration.”
