Northumberland multi-million pound town centre transformation gets green light
Funding has been agreed for a multi-million pound scheme to regenerate Ashington town centre.
Northumberland County Council’s cabinet has approved a £4.6m loan and a £3m grant to economic regeneration company Advance Northumberland who will lead the development.
A report to the cabinet outlining proposals read: “If developed effectively, it is felt the site has the ability to transform Ashington and… reposition the town as a new retail and leisure led destination, driving footfall to boost the economy.”
Plans for Ashington town centre include the construction of a 17,000 sq ft seven-screen cinema, as well as shopping centre comprised of a 20,000 sq ft retail store and range of smaller shops for national and independent retailers.
Ken Dunbar, Advance Northumberland managing director, said: “It’s immensely satisfying for everyone in Advance Northumberland who are involved in bringing this fantastic new mixed development and cinema attraction to Ashington… supporting the ongoing regeneration of the town.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
From economic engine to community ecosystem
Improving North East transport will improve lives
Unlocking investment potential before year end
Give us certainty to deliver better homes
Hormuz: Safe passage - not insurance - the issue
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people