Home Alternative Investments The eight parts of Northampton in line for regeneration from the £24.9...

The eight parts of Northampton in line for regeneration from the £24.9 million Towns Investment Fund cash pot

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Northampton towns fund regeneration

Eight parts of Northampton are set for a slice of almost £25m in investment. In March 2021, Northampton Borough Council was awarded a colossal £24.9 million grant from the government’s Towns Investment Fund (TIF) to regenerate the town centre.

The council had originally bid for £37 million to regenerate eleven spaces around the town including the Market Square and nearby Waterloo House. But these last two locations were later covered by an £8.4 million grant from the government’s Future High Streets Fund and so £12 million was removed from the bid.

So the award will now be split between eight key projects. Jonathan Nunn, then Head of Northampton Borough Council and now Leader of West Northamptonshire Council (WNC), said: “This money will allow us to progress a number of schemes across our town which will help us not only transform our high streets, but significantly boost our already compelling cultural offer”

The grant (TIP) became West Northamptonshire Council’s contribution to these regeneration projects, to be used alongside private and alternative investments. Over a year later, some plans have changed, merged, or already begun.

Take a look at what the Towns Fund is expected do to the face of Northampton town.

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