Contact: Susie Blood
The Director of Regeneration submitted a report,
the purpose of which was to set out the progress made in the modernisation and
transformation of Middlesbrough town centre; key issues which are emerging; new
funding opportunities; and, seeks
approval for the case for strategic investment to support our main shopping
thoroughfares and gateways.
The report outlined that
Middlesbrough town centre, as with all retail environments, was in need of
urgent structural changes to its economic landscape. The Covid 19 pandemic,
coupled with deep-rooted consumer behavioural changes, meant that town centres
must diversify their offer to remain relevant in the modern world.
Middlesbrough has a strong
strategic vision to transform the town centre economy through a process of
giving more reasons for people to use the town centre to Live, Work, Learn and
In recent years,
Middlesbrough has been successful in securing significant public and private
investment for the town centre. Indeed Middlesbrough Council has invested C.20m
in the investment of major town centre properties, giving the necessary control
required to reshape the market place.
This direct investment has
been supplemented by major Government funding to aid the transition to a modern
town centre ecosystem. £14.1m of Future High Streets Funding (FHSF), along with
£21.9m of Town Deal funding has laid the foundations for a major shift in the
function of Middlesbrough town centre.
The scale and scope of the
required changes are vast. Additional funding, and support from our strategic
partners, is always being sought to aid the transformation of our economy. New
issues and challenges are emerging all of the time and this is exacerbated by
high inflation and a relatively bleak macroeconomic forecast.
With planned and strategic
interventions there is significant confidence that the necessary changes can be
made and will have the desired impact. The report highlighted some of the work
being undertaken to strengthen Middlesbrough’s economy; these were as follows:
· Future high streets fund
· Towns Fund
· Emerging opportunities
The report further discussed the current issues
within the town centre, including, for example anti-social behaviour.
decision(s) and why these have not been recommended
N/A Part A of report for
the information contained in Part A of the report be noted; and
the investment proposal, along with financial or exempt information, contained
in Part B of the report be approved.
decisions were supported by the following reason:
The investment proposal set out in part B of this report actively
supports the town centre economy and supports measures to the issues outlined
in paras 29,30 and 31.
Exclusion of the Press and Public
passing a Resolution Pursuant to Section 100A(4) Part
1 of the Local Government Act 1972 excluding the press and public from the
meeting during consideration of the following items on the grounds that if
present there would be disclosure to them of exempt information falling within
paragraph 3 of Part 1 of Schedule 12A of the Act and the public interest in
maintaining the exemption outweighs the public interest in disclosing the
The resolution to exclude the press and the
public was agreed.
EXEMPT Town Centre Progress and Strategic Investment - Part B
The Director of Regeneration submitted a report for the
The decision(s) will come into force after five working days following the day the decision(s) was published unless the decision becomes subject to the call in procedures.