Two projects in the revamp of Grimsby town centre set to take next step
Two major projects for the revamp of Grimsby town centre are set to take the next step at a Cabinet meeting next Wednesday.
Between the Future High Streets Fund and the Towns Fund, North East Lincolnshire Council has secured nearly £40 million to be spent in Grimsby town centre over the next few years.
More than £17 million has been awarded from the Government’s Future High Streets Fund to develop a new home for Top Town Market, a new cinema and leisure units.
At the meeting on Wednesday, councillors will hear proposals from potential delivery partners to lead this project.
In addition to this, nearly £21 million has been awarded to Grimsby from the Government’s Towns Fund.
Initially, proposals for seven town centre projects in Grimsby were put forward to the Government for consideration in October 2020, requesting funds of £25 million.
However, a reduced offer of £21 million was offered by the Government instead. To accommodate this, a revised proposal has been developed for Cabinet to look over at the meeting.
The proposal discusses the readiness of the projects for the next stage of business case development and how viable the delivery of each project is within the permitted time frame – resulting in one of the seven projects, the Victoria Mills Quarter, being scrapped.
If approved, the six remaining projects will be put forward to the Government, who will be responsible for either accepting or rejecting the plans.
According to a spokesperson from North East Lincolnshire Council, the first two projects likely to be given approval are the Riverhead Square project and the Activation and Community Fund project.
This is a local grant programme for community and local business-based initiatives, which will support activity in the town centre.
These will follow in the footsteps of the newly-unveiled redevelopment of St. James’ Square and Garth Lane, which is set to open to the public in the coming weeks.