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Bridges catches Chill
Bridges Community Ventures has committed £3 million to a new project to build England’s first real snow Alpine village. Based next to the Trafford Centre in Greater Manchester, Chill Factor hopes to open its doors in late 2007 having now secured a £31 million total funding package.
With (rather fittingly) Sir Robert McAlpine already lined up to develop the project, Chill Factor promises to house the UK longest real snow indoor ski slope, in addition to facilities for climbing, tobogganing and skateboarding.
The deal represents the first investment Bridges has made through its second fund and managing director Philip Newborough has high hopes for its future success. ‘We believe that Chill Factor has exciting commercial potential and we envisage strong social benefits for the area through new employment opportunities and the promotion of health and fitness in the local community,’ he explains.
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