A £10MILLION cash injection for Leamington’s high street has been confirmed.
Warwick District Council was successful in its bid for the ‘Future High Street’ fund from government.
The council worked on the proposal with stakeholders including Leamington Chamber of Trade, Leamington Town Council, Complex Development Projects and BID Leamington.
The funding will see the north and south of the river transformed and some key ‘under-utilised’ locations reconnected with the town centre to improve footfall.
District council place and economy spokesman coun John Cooke says it will help deliver the vision for a creative quarter.
He told the Observer: “Securing this substantial funding is a huge boost for Leamington as we respond to the challenges of the pandemic and the struggles faced by our retail sector. Working with our partners, this strategy will help businesses to diversify, drive growth, improve the town centre experience and ensure future sustainability. It will also provide the infrastructure we need for a more connected and creative town centre, allowing Leamington to realise its full economic and tourism potential.”
The town is one of 57 to receive part of a £ £830million pot to improve transport links, build new homes and transform underused spaces.
In Warwickshire Nuneaton will also receive some £13million.
Communities secretary Robert Jenrick MP said: “This funding is part of wider support we are providing to communities and businesses, to protect jobs, support the most vulnerable and ensure no one is left behind as we recover from pandemic.
“This investment will make a huge difference to towns and cities across England and transform themselves in desired places to shop, visit, live and work.
“The Future High Streets Fund will support towns, communities and businesses as we get back to enjoying the best of what the high street has to offer.”