£7m funding decision on Scarborough's Brunswick Centre due Friday
Summarised from 2 outlets · Updated 5 Nov, 16:38 · Archive
A £7 million funding decision on redeveloping Scarborough's vacant Brunswick Centre will be made on Friday by the Combined Authority.
The Combined Authority's Cabinet will meet in Scarborough on Friday, 6 November, to decide on £7 million in funding for the Brunswick Centre redevelopment. The project forms part of the town's newly designated Mayoral Development Zone, created to attract investment and accelerate regeneration.
North Yorkshire Council last week approved a wider public sector package totalling £10.5 million in grant funding and an £8 million loan. The proposals include a six-screen cinema, indoor leisure attraction, food-and-drink venues and retail units. Of the £7 million under consideration by the Combined Authority, an initial £1 million would be released to support pre-construction work including detailed design, demolition and a new planning application. A further £6 million would be ringfenced for construction, subject to full business case approval at a later date.
According to a report, the scheme could support 414 direct jobs and create a further 164 supply-chain jobs. It estimates around £10 million of additional annual economic output, approximately 850,000 visits per year, and annual spending of up to £45 million. However, the report also highlights financial risks associated with the project.
How it is being reported
- £7m decision on future of Scarborough's vacant Brunswick Centre due this weekA CRUCIAL £7 million funding decision that could determine the future of Scarborough's vacant Brunswick Centre will be made this week.Gazette & Herald (Malton) · 5 Nov, 16:00
- £7m decision on future of Scarborough's vacant Brunswick Centre due this weekA CRUCIAL £7 million funding decision that could determine the future of Scarborough's vacant Brunswick Centre will be made this week.The Press (York) · 5 Nov, 16:00
In this story: Scarborough · Brunswick Centre · Combined Authority · North Yorkshire Council · Mayoral Development Zone
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