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New milestone reached for £25m Swindon investment plan

New milestone reached for £25m Swindon investment plan

New milestone reached for £25m Swindon investment plan

A list of seven Swindon projects that will bid to earn a share of £25 million government funding has been announced.

Swindon was last year selected as one of 101 places that were given the opportunity to bid for funding of up to £25 million as part of the £3.6 billion Towns Fund.

The independent Swindon Town Deal Board was brought together in response and has worked to develop a draft Town Investment Plan.

Local organisations were also given the opportunity last month to submit project proposals that the board then considered.

The final list of projects has now been compiled and is set to be submitted to Government at the end of this month.

The government has asked that local funding proposals should drive long-term economic and productivity growth through town centre regeneration and investment in connectivity, land use, economic assets including cultural assets, skills and enterprise infrastructure.

The Swindon Town Deal Board will be submitting seven projects, including:

  • Health Hydro Refurbishments: embedding community and leisure uses in the heart of the Railway Village.
  • Create Studios at the Carriage Works: fitting out the new space to support Swindon’s digital economy and upskilling residents.
  • Brunel Centre Market: introducing new town centre uses, complementing the High Street and bringing a new experience.
  • David Murray John regeneration: investing in Swindon’s most recognisable landmark building to make it fit for the future and provide high quality affordable homes in the heart of the town centre close to services and public transport.
  • Kimmerfields Enabling Infrastructure: delivering enabling infrastructure to make land ready for new homes and offices on the next phase of Kimmerfields, adjacent to Zurich’s new flagship building.

The draft Town Investment Plan will be submitted to government on Friday, July 31 with updates expected later this year.

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