The purchase of Grimsby’s Freshney Place shopping centre by North East Lincolnshire Council has completed.
And the distressed purchase - the county’s largest covered mall was placed into receivership at the start of the year - has come with a firm vow from the local authority leader to redevelop it and the immediate surrounds, ensuring a “real mix within the urban heart of Grimsby”.
Assurances have also been given to the council tax paying public that it is a move at no direct cost to them, with a combination of grant-funding and rent revenue covering associated costs.
