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Quintain Estates unveils £600m Greenwich plan
The consortium led by the Duke of Westminster to buy the Millennium Dome and surrounding land will be relieved when today's General Election is over. The group, led by the Duke's Grosvenor company and developers Quintain Estates, Lend Lease and Stanhope, hopes to proceed with bidding for the Dome, put on hold until after the election. Meanwhile, Quintain, which already owns 14 acres of land on the Greenwich Peninsula, has unveiled plans for a 2,000,000sq ft commercial and residential development near to the Dome, which would be valued at £600m when complete. The small listed company is currently in talks with English Partnerships, the government vehicle that owns the Dome, about the development that could see Greenwich become a new London district.
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