Communities in 7 areas across England are set to benefit from up to £178.7 million in new Town Deals.
A Town Deal is an agreement in principle between government, the Lead Council and the Town Deal Board. It will set out a vision and strategy for the town, and what each party agrees to do to achieve this vision.
Barrow-in-Furness, Blackpool, Darlington, Peterborough, Norwich, Torquay and Warrington are the first of 101 places to be offered a Town Deal and work will now begin with these areas to confirm final funding.
Further Town Deals are due to be announced in November.
Areas will have the opportunity to invest in their local economies, implementing proposals submitted to the £3.6 billion Towns Fund, which is designed create jobs and drive growth across the country.
o Blackpool has been awarded £39.5 million to be used to update their much-loved illuminations, which attracts 4 million visitors and brings in £284 million a year. They also plan to use the funding towards the further development of the Blackpool Airport Enterprise Zone, creating new jobs, improving local transport links and attracting businesses to the area.
o In Torquay, the £21.9 million funding is set to be used to modernise the town centre, transforming it into a retail and leisure destination for people visiting, working and living in the town as well as improving transport links with a new focus on walking and cycling routes.
o Darlington’s £22.3 million deal sets out to boost employment skills across the town, for both young people and adults. Plans include funding for the town’s T-Levels offer which will help learners kickstart their careers in a number of fields.
o Barrow have secured £25 million which the council could spend on developing a new learning quarter, community wellbeing hubs and improving the local cycling and walking infrastructure. They also plan to run a housing renewal programme to address the lack of high-quality housing in the region.
o Norwich’s £25 million will help the council to realise their ‘2040 Vision’, which includes a new digital hub, a digi-tech factory and an advanced construction and engineering (ACE) centre. These developments will grow the city’s digital sector, bringing new jobs and opportunities to the community.
o Peterborough Council could use their £22.9 million investment to lay the groundwork for low carbon living, support healthy lifestyles and encourage enterprise and innovation. Planned projects include a skills centre for green technologies, enterprise hub and a new pedestrian bridge.
o In Warrington, the £22.1 million investment will help to utilise vacant spaces and restore a vibrant town centre. The council’s plans include building an electric bus fleet depot, an advanced construction training centre and a health and social care academy.
The 101 places being supported to develop Town Deals can be viewed at this LINK.
Further details about the Stronger Towns Fund is available on the GOV.UK website.