£190m secured from Government to fuel regeneration in town centres

Leeds-based property regeneration consultancy, AspinallVerdi, has secured more than £190m of Government funding for local authority clients nationwide to transform town centres with major regeneration schemes.

This includes £17.5m gained for Brighouse and Todmorden.

In the past year, the independent consultancy has provided strategic technical advice and expertise to support successful bids to Whitehall from councils.

Consultants at the firm acted on behalf of local authorities seeking funding for mixed-use regeneration schemes from Whitehall funding programmes such as the Towns Fund and Future High Streets Fund.

Along with its work to support the bid for cash for Brighouse and Todmorden, the firm successfully backed applications for other areas including: Tamworth – £21.65m; Blyth Valley – £21m; Worcester – £19.6m; Redditch – £15.6m; Scunthorpe – £10.7m and Amber Valley – £8.6m.

As well as ongoing advice on bids for the Towns Fund and Future High Streets Fund, AspinallVerdi is also supporting public sector clients with applications for finance from round two of the Government’s Levelling Up fund.

Ben Aspinall, managing director, said: “As we return to pre-pandemic levels of activity, we continue to apply our knowledge and expertise to support the ‘levelling up’ of the UK economy by making regeneration happen in towns and cities nationwide.

“Acting on behalf of a wide range of our valued local authority clients, we helped them secure more than £320m from Government funding programmes to transform their town centres with major mixed-use sustainable communities designed for a post-pandemic world.”