BARROW has secured £750,000 from the government’s Towns Fund Accelerated Funding scheme for a series of key projects.
The money, part of a government pledge to support jobs and economic recovery from the Covid-19 pandemic, will help deliver three capital schemes in the town by March 2021.
The projects form part of the borough’s ambitious #BrilliantBarrow and Future High Streets proposals which seek to transform Barrow now and for future generations.
News of the Accelerated Funding grant was welcomed by Barrow Borough Council leader, Councillor Ann Thomson.
Cllr Thomson said: “We are always ambitious for Barrow and everyone who lives, works and visits our borough.
“The vision and schemes set out through #BrilliantBarrow and our Future High Streets Fund proposal are clear evidence of that.
“It’s excellent that this accelerated grant funding has been awarded to Barrow so that we can make immediate progress towards our longer term vision for the borough.
“The money will be used to kickstart three projects that are deliverable in this financial year, as stipulated by the government, and that will provide benefits for residents in terms of improved health and wellbeing as well as a boost to the recovery of our economy after the pandemic.”
The sum - £750,000 - will be used as follows:
- Acquiring key sites that will support the regeneration of the Barrow’s waterfront and enhance the gateway access to a new vibrant neighbourhood of the future, featuring 550 homes as part of #BrilliantBarrow
- Revitalising and repurpose key spaces in the town centre through a programme of acquisition, demolition and site clearance. In addition, investment will be made in outdoor infrastructure such as pop up stalls, event infrastructure to encourage footfall in town centres and to support Covid 19 recovery as set out in Barrow’s bid to the Future High Streets Fund
- Tackling health inequalities through the enhancement of Barrow’s outdoor activity offer through investment into new outdoor exercise facilities
The #BrilliantBarrow initiative calls for £30 million from the government’s Towns Fund for seven innovative projects to ensure Barrow thrives for years to come.
A further £25 million is being sought from the Future High Streets Fund to renew and regenerate Barrow’s town centre to increase footfall, retain spend and draw people from a wide area.
Both were submitted to government in July.
Steve Cole, chief infrastructure officer at BAE Systems, is chair of Barrow’s Towns Deal board. He said: “This funding will give Barrow a head start as it moves to recover from the global Covid-19 pandemic.
“These three projects will not only make an immediate impact to residents and the local economy, they will pave the way for the schemes we hope to see come to life through our #BrilliantBarrow Towns Deal bid and the submission to the Future High Streets Fund.”