Great Yarmouth: How would you invest? – #InvestInGY #BelieveInGY
A lot of exciting work is already underway in Great Yarmouth…Now the Government has invited Great Yarmouth as one of just 101 places to apply for a Town Deal of up to £25m to drive economic regeneration, recovery and growth through:
- Urban regeneration, planning and land use
- Skills and enterprise infrastructure
The Government would like local people to help decide how the money could be spent. A Town Deal Board, of local leaders from the private, public and third sectors, has been set up and is crafting a Town Investment Plan to support the bid. The Board is asking local people to submit ideas to help build this Investment Plan for how that money could be spent. How would you invest?
Lots already happening
We’ve already seen the lovely Venetian Waterways restored, the exciting new £26m Marina Centre is taking shape, while the Winter Gardens restoration is one of just 12 projects nationally invited to apply for major National Lottery funding to bring it back into use.
Soon we’ll have a welcoming new Market Place. That’s part of a £50m vision for town centre regeneration, which includes relocating the library to a larger building in a more central location, converting space in empty or under-utilised historic buildings into new homes, building new quality housing and establishing a heritage centre.
In addition, a new £120m Third River Crossing will support the ambitions for the town centre as well as improve connections between the Port and top-performing Enterprise Zone, helping to support investment opportunities across the energy sector, including the burgeoning area of offshore wind.