Published: Sun 27 December, 2020
North West Leicestershire District Council’s (NWLDC) leader Richard Blunt has re-emphasised the authority’s commitment to regeneration in Coalville after its Future High Street Fund bid to Government was unsuccessful.
Coalville was the only East Midlands town to be shortlisted after a bid was submitted earlier this year following engagement with partners and local community leaders. Unfortunately it has now been announced that none of the fund has been allocated to Coalville.
Council leader Richard Blunt said: “It’s disappointing news of course, but this changes nothing in terms of our vision for Coalville.
“Regeneration is a real challenge but we’re used to doing things the hard way. We’ll continue to do it the hard way and this news will only galvanize us and our ambition for the town.
“We felt we submitted a robust and compelling bid for Coalville which followed engagement with local partners, and we will need to look closely at why the bid was unsuccessful
“The work we put into the bid gave us some great ideas about what is possible in Coalville and we use this knowledge as a springboard for our own future investment.
“With Newmarket nearly complete, the Snibston site given a new lease of life and the private investment going into Belvoir Centre, Coalville is starting to show its potential – and this is only the beginning.”
For more information on the Future High Street Fund, visit www.gov.uk/government/news/830-million-funding-boost-for-high-streets