The Future High Street Fund (FHSF) is a government programme supporting 72 areas in England to enhance their local economy and deliver ambitious high street regeneration plans. The programme was launched in December 2018, with 15 councils getting funding in the first phase. Middlesbrough Council was awarded £14.1m in the second phase, which was announced in March 2021.
We see a bright future for our high street. So our FHSF programme focusses on rebalancing the economic mix and diversifying floor space for residential, commercial, and leisure uses. This will create a more balanced and attractive offer to support and enhance our town centre.
The vision is based on building a new urban community in the heart of the town, by bringing more people to live and work in central Middlesbrough. Our £14.1m funding will be used for the following schemes:
- development of residential property
- adaptations to transport services and improving safety and security of town centre areas
- cultural animation and experiences
- grant funding for businesses to mitigate the impact of COVID-19
- transformation of Captain Cook Square for leisure use
Funding is geographically restricted (in line with approved FHSF programme guidance) to Middlesbrough town centre.
More information is available on the Future High Streets Fund page on GOV.UK.