Ashfield District Council has been awarded £95k in the next step of the Future High Streets Fund. The fund announced earlier this year could see Sutton receive up to £25million if its bid is successful.
The Council has been notified that it has successfully progressed to the Business Case Development Phase of the Funding, as one of 100 towns. A grant of £95k has been paid to the Council, which is being used to engage consultants to assist with the preparation of the business case. Sites being looked at include Fox Street and the Old Market Place. The focus will be to widen the appeal of the town centre, with less reliance on retail to create a thriving centre with a mix of retail, leisure and services. We will be undertaking public consultation in the next few months.
Cllr Jason Zadrozny, Leader of Ashfield District Council said “The Council is fully committed to the economic regeneration of Sutton town centre and the recent investments from the likes of Wetherspoons and Mansfield Building Society demonstrate that businesses share the vision too.
“Our investment in Idlewells indoor market is allowing independent retailers to thrive, and funding from the Future High Streets fund would allow us to build on the work and investment that has already taken place. Helping to turn Sutton into a vibrant hub where people want to shop and do business.”
Final business cases are to be submitted by June 2020 and successful bids will be announced by Autumn 2020.