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Oct 12 - Chief Minister Announces Developers London And Regional Properties For Rooke Site

The Chief Minister Fabian Picardo has announced the tender for the Rooke site has been given to developers London and Regional Properties, with the opportunity to potentially build "a small school and new facilities for emergency services". 

Speaking at the Finance Services Lunch as part of the Gibraltar Day celebrations held at the Guildhall today, Mr Picardo announced this news in his speech to guests at the annual event. 

Mr Picardo said: "And, just this morning, I can announce to you now, that I have had the pleasure of notifying London and Regional Properties that they have been selected as Preferred Bidders for the development of the centrally situated Rooke site.

"That site is 17,000 square metres of prime development land in the centre of our city.

 "A once in a generation opportunity not to be mishandled.

 "A once in a generation project which will present mixed used opportunities potentially including a small school and new facilities for emergency services.

 "And a once in a generation opportunity to partner with a company that has an investment portfolio of over £9bn.

 "A long term investor with offices from Park Lane to Panama City and I hope soon also in Gibraltar."

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