A landmark Swindon building is to be restored after Network Rail took back ownership of the railway property.
Signal Point, a 13-storey office block erected in the 1970s, is regarded as an important part of Swindon's railway heritage and still bears a huge British Rail logo on the front of the building.
It is also a key part of Swindon Borough Council's plans to regenerate the area around the railway station – the first impression many visitors to the town get.
Network Rail have been trying to regain control of Signal Point for some years and finally regained ownership from Narbeth Management on August 10.
Narbeth Management had previously indicated its intention to restore the building.
Mike Gallop, Network Rail's Western route director, said: “We are excited that we can now start to plan how Signal Point and the land around it can be restored in line with plans that Swindon Borough Council have to regenerate the area.
"We will now work with the council to help develop Swindon station and the town as a whole.”
Councillor Dale Heenan, Swindon Borough Council’s cabinet member for the town centre, said: “This is fantastic news and I think every resident and business will look forward to seeing this prominent office block back in use.
“I have been pushing hard behind the scenes for some time to get this landmark building sorted, and progress has been confidential so I am delighted Network Rail has finally made it happen.
“Signal Point is often visitors’ first view of Swindon, and this building is part of our jigsaw for the town centre. Piece by piece we are seeing progress.”
South Swindon MP Robert Buckland added: “Signal Point occupies an important gateway site in Swindon, and I am very pleased that Network Rail not only have taken back ownership but also have committed to Improving Signal Point and the land around it, which will improve the appearance of this part of our town centre."