19 March 2018: 11:36 am
£10 million for Basildon regeneration
Basildon Council has been granted £9.8 million to boost the regeneration of Basildon town centre’s East Square.
The money came from the Government's Housing Infrastructure Marginal Viability Fund, designed to unlock homes in high-demand areas.
The council will use the funding to accelerate the delivery of projects outlined within the town centre masterplan focused around East Square and adjoining areas and in addition to the cinema-led regeneration project.
The money, which must be spent by 2021, will support the expansion of car park capacity to provide 860 new spaces, deliver housing in the town, and will be used to improve walkways between East Square and the Great Oaks multi-storey car park.
Gavin Callaghan, chairman of Basildon’s policy and resources committee, said: "This is a great boost for the council’s plans to transform Basildon town centre.
"Coupled with the cinema-led development the projects this money will facilitate will provide a real focal point for a town centre that will have lots to offer day and night throughout the week and significantly increase footfall in the centre."