£21.1m Stapleford Towns Fund regeneration projects get underway

£21.1m Stapleford Towns Fund regeneration projects get underway

14/07/22 - Stapleford Towns Fund Board is celebrating as its six long-awaited regeneration projects can now begin, following receipt of £21.1m in Town Deal Funding from the Government.

A group of people involved in the Stapleford Towns Fund project with a map saying 'a better, brighter Stapleford'

In March, it was announced that Stapleford was one of 100 towns to receive a share of the Government’s £3.6bn Towns Deal for urban regeneration planning and land use, skills and enterprise infrastructure, and connectivity.

Stapleford residents, workers and businesses have worked hard to understand the challenges and aspirations of the town and what it needs now, and in the future, to become a model for what a small town can achieve.

The £21.1m funding is being invested in six core projects:

  1. Community hub and young people’s centre

A new cutting-edge community pavilion and young people’s centre for fitness classes, dancing, club groups, elections, meetings and event hire and more.

  1. Enterprise hub building

To help businesses prosper and attract people to the town, a new Enterprise Hub will offer start-up and up-scaling space for businesses through flexible office space and an indoor/outdoor market space for pop-up events and food and drinks stalls.

  1. Library learning facility

To offer new and improved learning opportunities for residents, the library will be upgraded to create a new education centre for entry level skills training. The building’s façade will also be improved.

  1. Safer cycling scheme

To encourage more people to travel in a more sustainable way, the local cycle infrastructure will be improved with new cycle routes and training facilities.

  1. Street improvement scheme

To make the town centre more appealing and safer for pedestrians, a project is being developed, with final details due in Autumn.

  1. £1m Town Centre Recovery Grant Scheme - already underway

To help high street businesses get back on track after the pandemic, this £1m grant scheme offers: 1) support to expand the way businesses distribute their services and b) create buildings of the future through improved accessibility, energy efficiency and visual improvements that enhance the look and feel of the town.

A video about the Towns Fund is available with more information on the Towns Fund webpages.

Ian Jowett, Chair of Stapleford Towns Fund Board, said: “Stapleford is a fantastic town with huge potential and our residents deserve better facilities, more opportunities and brighter prospects.

“This £21.1m Towns Fund grant is the biggest investment the town has seen for a long time and we can’t wait to get started on our projects that we know will make a huge difference to all our communities.”  

Darren Henry, MP for Broxtowe, said: “A lot of hard work has gone into developing these projects and I have been proud to support Stapleford’s bid and make the case for funding to ministers.

“From better, safer cycling routes, to new business and leisure facilities and learning and education provision, these projects will make a massive difference. We will be working hand in hand with our communities to make sure we get it right.”

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