Lingfield Investments is to put £120m into a seven-year redevelopment of an industrial park in Darlington.
The 150,000 sq m (1.6m sq ft) site at the former wool factory at Lingfield Point, which was bought by Lingfield Investments in 1998, will be extensively refurbished.
The redevelopment will include the conversion of the art deco Lingfield House into 2,787 sq m (30,000 sq ft) of offices, and the refurbishment of 37,160 sq m (400,000 sq ft) of warehouse space.
EGi News 24/09/01
