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PRIVACY
Retail & Consumer

Town centres across Wales to share in £90m funding boost

The additional funding has been announced by Welsh Government minister Hannah Blythyn

Hannah Blythyn

Some £90m of additional investment as part of a new Welsh Government approach to transforming town centres across the country has been confirmed.

The Transforming Towns package announced  Deputy Minister for Housing and Local Government, Hannah Blythyn, includes measures to increase footfall by making sure the public sector locate services in town centre locations, tackle empty buildings and land to help bring them back into use, and the greening of town centres.

The investment includes:

  • £36m for town centre regeneration projects, extending the government’s current capital programme for a further year and bringing in an anticipated total investment of almost £58m;
  • £13.6m to tackle empty and dilapidated buildings and land. This will enable local authorities to take enforcement action to bring empty buildings and land back into use;
  • £2m for coastal towns to support projects to an anticipated value of £3m which will contribute to town centre / high street regeneration;
  • £10m of additional funding for the Town Centre Loans scheme, taking the total to £41.6m, to bring vacant and underutilised buildings back into use in town centres;
  • £5m funding for Green Infrastructure and Biodiversity within town centres. This will support greening projects which will deliver environmental benefits and make town centres more attractive places to visit.

The announcement comes as Treorchy in the Rhondda Valley was last week named High Street of the Year, seeing off competition from across the º£½ÇÊÓÆµ to pick up the prestigious prize, which recognises the entrepreneurial spirit of local independent businesses and the keen sense of community that has led to the award.

The £90m Transforming Towns package builds on the £800m investment in towns as a result of Welsh Government investment since 2014.

Around 40% of the Welsh population live in small towns of fewer than 20,000 people but many towns are struggling in the wake of declining retail sales as the way we use town centres has changed.

The Welsh Government says it is taking a new Town Centre First approach, which means locating services and buildings in town centres wherever possible. As part of this approach, all Welsh Government departments will put the health and vibrancy of town centres as the starting point for their location decision-making processes.

Utilising this approach, the public sector is also being encouraged to support towns by locating offices, facilities and services within them in order to drive footfall and create or sustain vibrancy.