By Multi-million pound regeneration of Whitefriargate
The multi-million pound regeneration of Whitefriargate in Hull’s Old Town has begun to take shape.
Details of the plans, which are being managed primarily by Hull City Council, are being advertised in shop windows on the historic street.
New boards have been installed highlighting investment and funding opportunities.
Councillor Daren Hale, portfolio holder for regeneration and economic investment at Hull City Council, said:
“The Humber High Street Challenge fund is just one of the ways we are regenerating Whitefriargate.
“We’ve already seen great confidence with a number of investors taking buildings and units on the historic street, and I’m sure many more will follow.
“It’s an incredibly exciting time for Whitefriargate.”
The scheme will provide grants to businesses, property owners and investors on Whitefriargate to improve building frontages, bring unused floorspace back into use and facilitate new business startup/ expansion proposals.
The regeneration of Whitefriargate is also benefiting from grant funding of up to £1.75m from Historic England, who are currently offering £88m in heritage grants under a ‘Culture Recovery Fund’ to help heritage organisations become financially viable in the wake of the coronavirus pandemic.
The council has also been successful in the first stage of bidding for capital investment from the Future High Streets Fund.
This will support the council in diversifying the traditional high street and creating more vibrant town and city centres.
The fund is also being used to develop areas of Goole, Grimsby and Scunthorpe.
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