City high street set for transformation following successful funding bid
Sheffield City Council has been successful in its bid for £15.8m as part of the Government’s Future High Streets Fund.
It will be used to rejuvenate Sheffield’s high street as part of the continuing transformation of the city centre.
Sheffield’s high street, as well as hundreds of businesses across the city, has been hit hard by the pandemic.
The new funding will be focused on reinventing Fargate and High Street as social hubs in the city, with plans to create a new multi-use space ‘Event Central’, which will be used to host events and exhibitions, as well as offering co-working space and a café.
Under the funding requirements, the plans must be delivered by March 2024.
The scheme will also see current redundant space repurposed and refreshed with greenery and seating areas, alongside new lighting to make the space more attractive to visitors.
The Future High Streets Fund bid complements the council’s Connecting Sheffield scheme, which will improve the city’s travel infrastructure.
Councillor Bob Johnson, leader of Sheffield City Council, said: “The pandemic has been an incredibly challenging time for businesses, and I know the new lockdown restrictions will impact even further on the vast majority of businesses in Sheffield, many of whom have been unable to open properly for months now.
“However despite the current situation, this scheme provides hope for the future and will assist in the recovery of our local economy in the long term.
“It reflects the confidence instilled in Sheffield’s potential and our place as one of the UK’s leading cities and destination for investment.
“We are really pleased that Government has recognised the significance of our bid and awarded us the full amount of requested funding.
“This will mean continued investment and regeneration in Sheffield for the benefit of all our residents and visitors.
“Our ambition is to create a future-proof city centre, where people can live, work and spend quality time with friends and family in a safe and pleasing environment.
“To help us achieve this, our Future High Streets Fund proposals focus on adapting the underused upper levels of buildings on Fargate and High Street to become much-needed homes and workspaces, as well as improving our city centre spaces so that they are better placed to host quality events and in turn support our local hospitality, retail and leisure businesses.”
Councillor Mazher Iqbal, cabinet member for business and investment at Sheffield City Council, said: “This is really exciting news for Sheffield and our businesses, and comes in addition to our ongoing investment in our Heart of the City regeneration scheme and that of Aberdeen Standard on The Moor.
“It has been a fantastic team effort and I’d like to thank our partners at University of Sheffield and all the retailers and property owners who collaborated with us on this bid.”
Professor Vanessa Toulmin, director of city and culture at the University of Sheffield, said: “The University is delighted that the support and academic expertise we brought to the Future High Street Fund has made it one of only 15 bids that has been funded in its entirety.
“We are also delighted that our architectural and Urban Planning students helped visualise a high street that is as much for the young generation as it is for long term residents and reflects all the elements of the feedback we received from partners and businesses in the city.”