Market Leads & Opportunities
£700,000 to boost six Telford high streets
Telford & Wrekin Council plans to set the cash aside to invest in six town centre high streets (October 12th).An initial Pride in Our High Streets funding round in 2015 invested £800,000 in projects and schemes to regenerate nine high streets.Nearly 30 projects benefited from grants, with successful bids helping to renovate Madeley War Memorial, improve car parking and lighting in Newport, spruce up Dawley High Street and create a series of “false window” murals in Wellington.Now the council’s cabinet is being asked to back the new funding round when it meets next week and, if approved, grants of up to £10,000 would start to be available from December.Following detailed surveys of high streets across the borough, this new funding will focus on empty retail premises and poor property condition in the six high streets of Wellington, Ironbridge, Newport, Oakengates, Dawley and Madeley.Telford & Wrekin Council says empty retail units and the condition of retail properties are important indicators of the health of a high street and are a problem nationally.Funds would also be available to all six towns to improve shop frontages and develop a marketing strategy to promote their high streets.The funds will complement a ‘Young High Street Challenge’ which will encourage young people to get involved in high street regeneration.
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