£11 million secured from Future High Streets Fund for Newcastle
Newcastle-under-Lyme Borough Council has been successful in its bid for funding from the Future High Streets Fund, the Ministry of Housing, Communities and Local Government has confirmed.
Following the submission of a revised scheme in January this year, £11million has now been offered. This huge sum will boost the Council’s ambitious town centre regeneration plans.
These include: Demolition of the former Civic Offices building and the significant redevelopment of the whole Ryecroft site as a key anchor-site for the town. This will comprise a mix of employment and
residential uses, a new multi-storey car park, new public space and better pedestrian and cycle connectivity with the residential areas north of the town centre.
The creation of a series of linked, spacious and modern town centre plazas and public spaces.
An improved street market with a community event space in High Street – the heart of the town.
The Leader of the Council, Simon Tagg, said: “This is an amazing vote of confidence in our town by the Government. We were determined to submit a strong, ambitious, forward-thinking bid – a shared and achievable vision for our town centre – with substantial benefits our businesses and all of our communities, and we did. Newcastle town centre has not had anything like this sort of investment in living memory.
“We intend to forge ahead as soon as we can. The initial plans focus on the redevelopment of the Ryecroft area, which will significantly increase the number of people living and working in the town and improve how people access and enjoy the public spaces. This will help us achieve our priority of a ‘Town Centre for All’ and make Newcastle-under-Lyme town centre fit for the opportunities of the 21 st Century.”
The Council was responsible for the bid submission but the proposals set out were endorsed by key local partners including the MP for Newcastle, Aaron Bell, Stoke and Staffs LEP, Newcastle BID and Aspire Housing.
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