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£300m for Dundee's waterfront proposals
A major international regeneration conference has been told that £300m worth of investment has now been secured towards a project designed to transform Dundee's waterfront.
The figure is one third of the £1bn target required to bring about the regeneration of the area, with a number of projects to benefit such as the proposed V&A at Dundee attraction.
Dundee Waterfront is one of Scotland's largest regeneration projects and is divided into five strategic sites, including the Central Waterfront residential, office and leisure zone.
Others include the Riverside (Green Space and Leisure); the City Quay (Residential, Marina and Retail) and Seabraes (Digital Media and Creative Industries), as well as The Port.
Dundee City Council director of city development Mike Galloway said: "We are well advanced with our plans and investment to completely re-engineer and transform the city.
"Dundee Waterfront is well and truly open for business and there are exciting opportunities for businesses, investors, developers and entrepreneurs at all levels."
Scottish Enterprise business infrastructure director Allan McQuade added: "We have made a substantial investment commitment in anticipation of sustainable economic growth."
Last year, Japan-based architects Kengo Kuma and Associates were selected to design the new V&A at Dundee.
Details: www.dundeewaterfront.com
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