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flag Thurrock Council picks Muse Places to lead Purfleet regeneration, needing public funds for early costs despite financial risks.

flag Thurrock Council is set to name Muse Places, backed by the English Cities Fund, as its preferred developer for the Purfleet-on-Thames regeneration project, aiming to deliver about 2,850 homes, employment space, a new bridge, station upgrades, and community facilities. flag The project, stalled after a prior developer failed to secure financing in March 2024, remains viable but requires major public funding to cover early infrastructure costs. flag Cabinet members will consider authorizing negotiations, using up to £450,000 from the Freeport Counterfactual Reserve for advisory services. flag An independent KPMG review supports the move with strict oversight, though it warns of financial risks due to the constrained first phase and reliance on public funds. flag Final agreement terms will be reviewed in a future meeting.

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