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Scarborough set for £8m regeneration funding package

Summarised from 2 outlets · Updated 30 Oct, 13:01 · Archive

An £8 million mayoral funding package to regenerate Scarborough is set to be approved next week.

An £8 million mayoral funding package aimed at kickstarting Scarborough's regeneration is set to be approved next week by the York and North Yorkshire Combined Authority. The funding addresses Scarborough's 'long-standing socio-economic challenges' and forms part of a wider £18.5 million public investment package in the redevelopment of the Brunswick Centre into a multiplex cinema and leisure destination.

The Combined Authority is being asked to approve £1 million immediately and ringfence a further £7 million for future phases of regeneration in Scarborough. The wider investment package is backed by an £8 million loan from North Yorkshire Council and £3.5 million from the Pride in Place initiative. North Yorkshire Council has already given the green light to the first £1 million of its contribution.

David Skaith, Mayor of York and North Yorkshire, said the redevelopment was 'set to be the catalyst for a wider revival of the town'. Once complete, the scheme is projected to create more than 400 permanent jobs, alongside 160 jobs during the construction phase. The scheme still requires a new planning application after a previous consent lapsed.

Scarborough set for £8m regeneration funding package
Image: York Press

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In this story: York and North Yorkshire Combined Authority · North Yorkshire Council · David Skaith · Scarborough · Brunswick Centre

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