| Grosvenor pulls out of Preston's £700m Tithebarn scheme |
| Friday, 16 October 2009 | |
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Developer Grosvenor has pulled out of Preston’s planned £700m Tithebarn retail scheme.
Co-developer Lend Lease remains committed to the project. Grosvenor is understood to have carried out a strategic review and decided to focus on medium-sized retail, residential and mixed-use schemes rather than large long-term regeneration projects like Tithebarn. |