Council successful in first round of High Streets Fund bid
Wakefield Council has made it through to the next round of bids to secure a proportion of the Future High Streets Fund - a £675million government fund which is aimed at transforming high streets and town centres.
Out of 300 bids nationally, Wakefield Council is one of 50 bids that has made it through to the next round.
At this stage, it means the Council has secured up to £150,000 of revenue funding provided as part of the fund to support further feasibility work, which will in turn inform the submission for the next phase.
Leader of Wakefield Council, Cllr Peter Box CBE, said: "To secure part of the pot from the Future High Streets Fund would be a huge boost in shaping our vision for the future of the high streets across our district.
Cllr Peter Box CBE, Leader of Wakefield Council
"The Future High Streets Fund is the Government accepting that councils need some extra investment and support in light of the nationally documented issues around our high streets. We have got through to the next round of the bid by showing we have a clear vision to tackle those problems in Wakefield.
"This news also comes off the back of our first High Street Task Force meeting two weeks ago, at which some fantastic thoughts and ideas were shared to improve Wakefield's high streets.
"The High Street Task Force will be key to guiding the application for the next stage of bids."
It is expected that around 10 bids will make it through to the final phase.
The revenue funding received from successfully getting through the first stage will also contribute towards the forthcoming city centre Masterplan - intended to guide all future developments and the vision for Wakefield's high streets – a key piece of work for the Task Force.
Wakefield will have up to 12 months to develop their full business case and will find out if it has been successful next year.