Agreed Town Investment Plan could unlock as much as lb25m funding for Corby projects

 Agreed Town Investment Plan could unlock as much as lb25m funding for Corby projects

Corby Borough Council’s One Corby Policy Committee has approved the city Investment Plan (TIP), that could access up to £25m of funding for local projects with the Towns Fund Scheme.

The Town Deal Board, following Ministry of Housing, Communities and Local Government (MHCLG) guidance and stakeholder engagement, prepared the approved TIP which will now be submitted to Government.

Leader of Corby Borough Council, Cllr Tom Beattie, said: “We are very pleased to have approved Corby’s Town Investment Plan which aims to build on the successful regeneration delivered in Corby through private and public sector partnerships over the past decade.

“The principles of the developed vision for Corby has been put together through extensive consultation, ranging from virtual workshops and one-to-one meetings, an industry research survey covering over 400 residents, business and community sub-committee groups, as well as digital platforms, so it is exciting to determine the result of all of the feedback get together and clear priorities brought forward.”

Within the end, the Board have prioritised the four projects below that form the basis of the funding ask of presidency:

  • Sixth form Centre at Chisholm House

To set up a post-16 education facility within Corby town centre to equip students with the very best skills and education and to enable more young people to achieve their ambitions through to university and employment.

This project will accommodate 537 young adults by 2025/26 based in the heart of the town centre. It is anticipated that the college could grow to support up to 600 students within the longer term, drawn from across North Northamptonshire.

  • Market Walk East Site Multi-use space

Market Walk East website is a strategic town centre development site extending to c.0.9 acres immediately adjacent to the east of Market Walk mall in Corby town centre and it is under review for development. Possibility to provide different types of non-retail uses available on the market Walk East site, preferred uses in this multi-use building to align with creative arts space and providing chance of the provision of community and youth services. The precise services to be provided and the delivery model will be regarded as part of the business case stage, providing opportunity for engagement with local stakeholders to determine the most beneficial uses.

  • Corby Town Centre to coach Station Link via Oakley Road

Improve the path from the train station to the town centre, via Oakley Road. The provision of improved and safer pedestrian and cycle connections between the town centre and train station.

  • Smart and Connected Corby

This project seeks to establish Corby as a smart and green town centre through harnessing connected and clean technologies.

Lorna Dodge, Chair from the Corby Town Board, said: “It has been a very interesting and productive year as being a part of the board to develop and approve Corby’s Town Investment Plan. As many as four key projects have been submitted within the plan to secure the funding of £25 million. These projects develop the vision to regenerate Corby, commenced two decades ago, and will support the future regeneration of Corby.”

Once the document continues to be submitted to MHCLG and agreed, the end will be published.

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