Lib Dem run Sutton council will receive £11.3 million to spend on high street projects after a successful council bid to the government’s Future High Streets Fund, one of only 15 places across the country to receive the full amount bid for.
The money will be used to provide 60,000 sq. ft of new or refurbished commercial space, bring 14 vacant buildings back into use and provide 235 new homes in an ambitious regeneration programme. The council will also use the funding to pay for improvements to the high street experience for residents and for projects such as “Make in Sutton”, which will provide workspace for local entrepreneurs and creative industries.
Cllr David Bartolucci, Cllr for Sutton Central ward and Vice Chair of the Housing Economy and Business Committee on Sutton Council said:
“I am really pleased that we are one of only 15 places in the country to receive all the money we bid for. This means the Lib Dem run Sutton council can continue its ambitious programme to reinvent our high street for the 21st Century. I want to thank the council officers, local businesses and others in our community who worked so hard to put this successful bid together.”
In his letter to the Council, Robert Jenrick, the Secretary of State for Housing Communities and Local Government praised the council’s ambitious plans to drive growth and improve residents’ experience of the high street, recognising the “hard work” the council had put in for its successful bid.
Luisa Porritt, the Lib Dem candidate for Mayor of London said:
“with more people expected to work from home after the COVID crisis, our local high streets are going to be more important than ever. I am proud that a Lib Dem Council is leading the way with its ambitious plans. As Mayor I want to see every high street given the chance to thrive for decades to come.”