By New and revised plans to transform Grimsby Town Centre were submitted to the Government for approval on Friday.
If the amended plans are given the go-ahead, a purpose-built home for the market, a cinema and another leisure space will be established under the £1bn Future High Streets Fund.
The government programme invites local authorities to bid for town centre regeneration funding.
North East Lincolnshire Council and its bid partner, Freshney Place, submitted the original plans last summer. They applied for the scheme’s full amount of £25m to transform the western part of Victoria Street, which includes Old Market Square, Grimsby Top Town Market, Flottergate Mall and the former BhS building where Poundland is now located.
However, only £17.3m of the £25m was offered by the Government, meaning that the initial plans had to be revised.
The new plans for the regeneration of Grimsby Town Centre remain similar to the main elements and objectives of the original proposal.
Councillor Philip Jackson, leader of North East Lincolnshire Council, said: “This is the largest single grant the borough has ever had the chance of receiving, in fact, the seventh highest grant award in the country, out of 101 total bids received by Government.
“We have a vision for the town which is focussed on developing an evening economy, increasing leisure activities, and drawing in more visitors with a better experience for the whole community.
“I’m looking forward to seeing these proposals agreed so we can get on with delivering our ambitions for positive change in Grimsby town centre.”
Amanda Austin, centre director commented: “We are really pleased with the new proposal we are submitting to the Government and believe these plans will deliver both the leisure and hospitality facilities that will truly add value to Grimsby whilst benefitting its community. We are confident that this development will build a strong platform for the future prosperity of the town.”
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