§ Mr. O'BrienTo ask the Secretary of State of the Environment what is the total amount of money spent so far by the Teesside urban development corporation on the purchase and reclamation of the Teesdale site in Stockton-on-Tees; how much is budgeted for future expenditure on this site; how much has been spent by other public agencies; what resources are being provided for creating an access to the site; and if he will make a statement.
§ Mr. MoynihanThe Teesside development corporation has, to date, spent £5.7 million on the purchase and reclamation of the Teesdale site. I am not aware of any significant expenditure on this site by other public agencies.
The total cost for the acquisition, site preparation and infrastructure works for the Teesdale site is estimated at £57 million. This figure includes the cost of providing access to the site and the construction of the new bridges and barrage across the River Tees which are the subject of a private Bill promoted by the development corporation which is currently before Parliament.
§ Mr. O'BrienTo ask the Secretary of State for the Environment what proposals have been put forward from the private sector for the Teesdale site; when any development is likely to take place; and if he will make a statement.
§ Mr. MoynihanThere is significant private sector interest in the development of the Teesdale site for commercial, industrial and housing uses. The Teesside development corporation must, however, await the progress of the River Tees Barrage and Bridges Private Bill before detailed proposals for the comprehensive development of the site can be finalised.