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First For Investment
Added on: 10th June, 2019 by O1
The BID seeks to encourage investment and ensure the delivery of a plan for the redevelopment of a vibrant, modern and relevant town centre.
The BID team continues to work with landlords and agents, providing up to date information to prospective tenants to encourage inward investment and working with new businesses to support planning applications.
The BID area currently has an occupancy rate approx. 4% above the national average.
We are delighted that after years of lobbying for a comprehensive plan for the redevelopment of the town centre, the council has now committed to its creation and delivery.
In March, LBB applied for funding from the government’s High Street Fund to support a public consultation. The BID team have been involved directly with the application, submitting information and organising a stakeholder meeting on behalf of LBB with a cross section of businesses, community groups and Jo Johnson MP, to gain agreement to take the plan forward.
The first round of funding will be announced in the summer and we will agree the consultation plan with the council.