Newcastle-under-Lyme is among 101 towns that will receive funding from the Conservative Government's Towns Fund, it has been announced. A bid, led by Newcastle Borough Council, has been endorsed by Ministers, which will see the transformational regeneration of the town centre and public transport boosted for local residents.
The package, worth £23.6 million in total, will see investment in key sites around the town centre, measures to improve local bus services, and the creation of a Philip Astley Centre for Circus and Performing Arts, to celebrate our town's creativity and heritage, and support growth in tourism and visitors to Newcastle.
The funding will also enable the delivery of a masterplan for Knutton, including new community facilities and hundreds of new homes.
The Conservative Leader of Newcastle Borough Council, Simon Tagg, commented:
"This is yet more fantastic investment from the Government in our town and builds significantly on the exciting improvements already underway in Newcastle – funded by £1 million of advanced Town Deal funding – such as the subways upgrade, CCTV extension and the demolition of a long-term vacant building to make way for accommodation for residents and businesses among other things.
"The Town Investment Plan is a shared local vision of where we want our town to be in the future. Our ambition is to create a more attractive place to live and work, and to support our local economy, creating more jobs for more people and attracting investment and businesses into the area.
"The £23.6 million will kick start a programme of investment that will ultimately total more than £135 million. It will provide transformational change, improve infrastructure and connectivity for communities, improve transport links and boost our heritage and culture."
