Redcar council continues regeneration with High Street property purchase

As part of plans to transform and regenerate Redcar, the Council have signed an agreement with Goodwins to purchase their High Street premises.

This latest development builds on the Council buying the freehold for the former Marks and Spencer’s building, and provides the opportunity to create a focal point for the town and a link from the High Street to the Esplanade, where events can take place and pop-up food, drink and retail operators can trade.

Goodwins will retain a presence in the town following the purchase of the B&M building on the High Street at auction recently.

Redcar was awarded £25m in June this year as part of the Government’s Town Deal programme. In partnership with the Redcar Town Deal Board the Council is pulling together detailed plans for a number of projects, including the scheme to link the High Street to the seafront. The other projects include:

Mark Johnson, operations and compliance Manager for Goodwins said: “We are delighted to confirm that we are in a position to support the exciting plans to rejuvenate parts of Redcar town centre and the Esplanade area.

“Whilst we have always been in support of efforts to improve the town for all residents, workers, shoppers and visitors alike it remains that our paramount objective is to protect the livelihoods of our team members and to serve our customers.

“To this end we are now able to confirm that we have managed to secure alternative premises for Goodwins to move into so that we can continue to provide great value and customer service to thousands of people each week.

Cllr Mary Lanigan, Leader of the Council, said: “The agreed purchase of the Goodwins building is a positive step forward in our ambitions to deliver a series of projects in Redcar to create a vibrant High Street and Esplanade.

“Working in partnership with the Redcar Town Deal Board we have the opportunity to deliver a number of projects to take advantage of the tourism and economic opportunities that will present themselves in the future.

“These plans will not only benefit Redcar but the wider region and I would like to thank everyone for their hard work getting it this far.”