Communities and Tackling Poverty Minister, Lesley Griffiths, today saw how Rhyl town centre is set to benefit from over £842,000 of regeneration funding.
The funding is part of the Welsh Government’s £5 million Town Centre Loan scheme which is also being shared among town centres in Tredegar, Rhymney, Grangetown, Llanelli, Caernarfon and Barry.
The capital funding will be loaned to Denbighshire County Council for up to 15 years to be spent on key regeneration projects in the heart of the town. During this time, the council can recycle and re-invest the funding in different projects which aim to improve the area and bring empty buildings back into use.
The first project set to benefit from the funding will be the acquisition and redevelopment of empty or rundown properties which will help to kick-start the regeneration of the resort’s waterfront. The premises will be turned into new offices, retail or leisure space – creating over 100 local jobs during the construction phase and beyond.
The County Council is also looking into using the funding to bring forward the provision of additional short stay and blue badge cark parking in the heart of Rhyl town centre.
Such improvements will encourage economic growth in Rhyl and make it a more diverse, vibrant and attractive place to visit.
Announcing the funding, Lesley Griffiths said: “Town centres play a vital role in community life and this loan funding will help bring about improvements in the areas which need it the most.
“This £5 million will be used by the seven local authorities, including Denbighshire, over the next fifteen years to improve town centres across Wales. By making Rhyl town more attractive and accessible, we hope to increase visitor numbers and give local businesses and communities a boost.”
The seven local authorities to be supported by the Town Centre Loan scheme are part of the Welsh Government’s Tackling Poverty Fund areas and have been identified as areas with a high level of deprivation and in need of support.
The Town Centre Loan scheme is one of a range of measures the Welsh Government is taking to support Welsh high streets. Earlier this year, the Minister launched the High Street Heroes awards to showcase the vast range of shops and services available on the Welsh high street.
Lesley Griffiths added: “Our High Street Heroes awards recognise the hard work and dedication of people and businesses up and down the country which are providing high-quality services and boosting their local communities.
“We want to celebrate the achievements of local traders which make an outstanding contribution to their town centres. I encourage everybody to vote for their favourites!”
Voting for the High Street Heroes awards is online via the Support Your High Street Facebook page and entries close on 10 August 2015.
A shortlist of Heroes from across Wales will be reviewed by a panel of judges, who will select the overall High Street Hero winner, with the winners in the business categories decided by popular vote. The winners will be announced during High Street Week, which is taking place 19-26 September 2015.