Great Yarmouth Borough Council receives official confirmation of Future High Streets Fund offer
Great Yarmouth Borough Council has received news that the offer of £13.7m investment from the Government's Future High Streets Fund towards its vision to revive Great Yarmouth's town centre as a vibrant economic, cultural and community hub is officially confirmed.
The bid for funding began back in June 2020, when the investment of £19.9m sought from the Future High Streets Funding was submitted to Ministry of Housing, Communities and Local Government (MHCLG).
Following the submission, the MHCLG announced on Boxing Day 2020 that Great Yarmouth was one of just 57 locations awarded 69% of the funding sought, which amounted to £13,774, 430.
The Officers Working Group met to review the programme in January, with the recommendations approved by the Policy & Resources Committee on 25 January. The proposals were then submitted to MHCLG early February.
The funding will assist in relocating the towns already popular library to a larger, more central location, establishing a new heritage centre and support the town centres sustainability into the future, supporting footfall, further regeneration and investment.
Cllr Carl Smith and Cllr Trevor Wainwright, leaders of the council's main political groups, said: "The confirmation of securing nearly 70% of the money originally applied for from the Future High Streets Fund is great news and will be used to help support our borough in its recovery from the pandemic, as well as transforming our town centre into an exciting place for residents and visitors to live, work and shop.
"The plans focus on introducing more residential, culture and leisure uses, bringing empty buildings back into use and enhancing Great Yarmouth's special strengths, including its cultural heritage and visitor economy."
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