Newcastle-under-Lyme Borough Council has secured more than £11million in a landmark bid to change the shape of the town centre.
The news is the result of a successful bid by the Council to the Future High Streets Fund and has been warmly welcomed by the Council’s Leader, Simon Tagg, who said: “This is just amazing news. This is significant investment in the borough by the government. We wanted to be ambitious with our plans to show central government that we have the drive to make these once-in-a-generation projects come together, with a great partnership team in place and ready to go – and we have done just that.
“This hugely significant sum of money, to be precise £11,048,260, is unprecedented in Newcastle-under-Lyme and it will allow us to make the significant changes we want make to improve key parts of the town such as the Ryecroft and former civic offices and to move the project forward.”
Newcastle-under-Lyme’s Member of Parliament, Aaron Bell, added: “This is wonderful news and I’m so happy to have been able to support the town’s bid in Parliament. To have worked with the Council to help make something like this happen during my first year as the borough’s MP is extremely satisfying. I can’t wait to see the work get underway.”
The bid included the much-needed redevelopment of the Ryecroft site as an anchor for the town, creating a mix of employment and residential uses on the site as well as a new multi-storey car park, modern public space and more direct connections to the residential areas at the North of the town centre. This is likely to be the core project for the funding.