The UK government’s support of urban regeneration programmes through the Future High Street Fund is a very positive step, and in turn will help foster public private partnerships to deliver key sites within town and city centre strategies.

In providing the fund, it has been acknowledged that the current model for the financing and delivery of town centre regeneration projects in the UK is no longer fit for purpose.

There is a need to bring together central and local government, developers, investors and advisors to forge long term relationships based on shared vision and purpose to stimulate the local economy and create successful and vibrant places to visit and live in.

The announcement of this second phase of the Future High Street Fund, will help to kick-start this process and provide local councils with the opportunity to maximize other revenue streams.

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Sara Boonham

Sara Boonham
Director, Retail Development