Scarborough Borough Council will submit an application this week for up to £20m of levelling up funding from the Government.
The money would be used to supplement the £37m already received from the earlier Towns Deal Fund, and would be used to deliver further stages of the Station gateway project in Scarborough
Chris Bourne is the council's head of Projects, he says the levelling up funding sits well with the regeneration projects in the town.
More investment could be coming to Scarborough as the Borough Council is set to apply for up to 20 million pounds from the governments levelling up fund.
The application will be submitted this week.
The Council's had of projects, Chris Bourne, says the borough is classed as a priority one area for the levelling up funding scheme.
If the application is approved, it would allow Scarborough Council to progress the delivery of its Station Gateway and Fablab+ initiatives.
This would allow £12.4m of funding to go towards the redevelopment of Pavilion House as a public sector hub and £3.8m towards the redevelopment of the former Comet corner building, both of which were purchased by the council last October.
North Yorkshire County Council is also submitting a separate bid to the Levelling Up Fund to support the transport element of the project.
Chief executive of Scarborough Council, Mike Greene, praised the work of council officers on both the Towns Fund and Levelling Up Fund applications, adding that
“for a council of our size to get one of the biggest allocations of Town Deal [funding] in the country and having this ambitious bid… is a remarkable achievement and goes to show what we can do if we work in partnership.”
The cabinet agreed unanimously to pass the proposal.
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