The aim of the Future High Street Fund was to renew and reshape high streets with the inclusion of other uses to drive increases in footfall. Through a lengthy application process Thanet District Council was awarded funding from the Fund to deliver a creative workspace scheme. Unfortunately, due to changing circumstances, the building originally identified to deliver the workspace project in, has been leased to a private business.
The report proposed a revised scheme for the Future High Street Fund programme in Ramsgate, its requirements for delivery and a proposal to safeguard the funding in Thanet, that can be delivered within the required timescales.
The economic case for the project has been updated in line with the new proposal, and demonstrates that the economic benefits of the scheme are in line with the original submission.
Decision type: Non-key
Decision status: Recommendations Approved
Notice of proposed decision first published: 18/08/2022
Decision due: 13 Oct 2022 by Cabinet
Lead member: Councillor Reece Pugh, Deputy Leader and Cabinet Member for Economic Development firstname.lastname@example.org
Lead director: Bob Porter
Contact: Louise Askew, Director of Regeneration Email: Louise.email@example.com.