There are exciting times ahead for Grantham with confirmation of a multi-million pound grant that will transform the town centre.
The allocation of £5.56 million from the Government’s Future High Streets Fund was confirmed on Wednesday (19 May) and will pave the way for an ambitious programme of regeneration.
The money was secured following a successful bid by South Kesteven District Council in partnership with its economic growth and regeneration company, InvestSK.
It is part of a £63 million grant shared among towns in the East Midlands.
The Leader of SKDC, and Chairman of InvestSK, Cllr Kelham Cooke, said: “This is a once-in-a-lifetime opportunity. The funding will help reinvigorate Grantham town centre and make it an even better place for people to live, work and visit.
“Traditional high streets are changing across the country, but we aim to ensure the town centre remains a focal point for residents and visitors for generations to come.”
Detailed plans for key projects to revive Grantham’s high street and town centre are now being finalised.
As part of the bid process Grantham’s residents, businesses and strategic stakeholders highlighted a number of issues including the desire for a more pedestrian-friendly environment; reduced town centre congestion; an improved family-friendly evening economy; and more opportunities for new and existing businesses.
There will be a particular focus on transforming the access gateway from the railway station into the town, converting empty retail units into new homes and workplaces, and investment in other vital infrastructure and public areas, particularly in the Market Place.
A Programme Manager, Project Officer and Town Centre Manager will be appointed to deliver the three-year Future High Streets programme and drive forward the next phase in Grantham’s regeneration.
The East Midlands towns and cities receiving cash are…
- Derby City Centre – Derby – £15,034,000
- Sutton in Ashfield – Ashfield – £6,279,871
- Grantham – South Kesteven – £5,556,042
- Nottingham City Centre – Nottingham – £12,523,981
- Heanor – Amber Valley – £8,592,837
- Northampton – £8,427,625
- Buxton – High Peak – £6,608,222
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