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PRIVACY
Economic Development

Five North East towns get £150,000 to plan high streets of the future

The towns can now develop their plans further for a chance to secure more cash

Sunderland City Centre(Image: Sunderland BID)

Five North East high streets could be revitalised with the help of a £675m pool of Government cash after making it through to the next round of of the funding process.

Local authorities at Bishop Auckland, Darlington, South Shields, Stockton, and Sunderland have each received around £150,000 to develop plans to make their high streets “fit for the future”.

The money is being secured from the Ministry of Housing, Communities and Local Government’s £675m Future High Streets Fund, which has created a shortlist of 50 town and city centres that could secure further cash from the scheme.

The scheme has come at a time of a growing crisis on the º£½ÇÊÓÆµ’s high street, with the growth of online retailing and a range of other factors leading to hundreds of shop closures and thousands of job losses.

The five North East towns and cities have made it through to the next phase of the initiative and could win larger funding towards improving transport facilities or converting empty retail units into homes.

Sunderland City Council said that if its bid is successful it could receive up to £25m to grow its high street. It is expected that the money would be used to support investment across the city centre, including plans to improve the train station.

Coun Graeme Miller, leader of Sunderland City Council, said: “This announcement is another huge step forward in delivering our vision of a vibrant, dynamic city centre. This is a hugely competitive process, and we have done a fantastic job in moving to the next stage with our bid.

“I am determined that we develop an undeniable business case to ensure that Sunderland benefits from the FHSF, and uses it to deliver yet-more positive change in the city centre.