Truro is set to receive £25 million. Truro is eligible for support from the £3.6 billion Towns Fund that include places with proud industrial and economic heritage but have not always benefitted from economic growth in the same way as more prosperous areas.
The Towns Fund is about enabling local people, businesses and local leaders to join forces to draw up ambitious plans to transform their town’s economic growth prospects with a focus on improved transport, broadband connectivity, skills and culture.
I have been making the case for more investment in Truro for some time. I am determined to ensure that Truro and Newham BIDs, Truro City Council, Kenwyn Parish Council and local people are all thoroughly involved in developing the regeneration plan. Truro is a great place but the city centre is struggling. I am proud of my role in securing support and funding for the redevelopment of the Hall for Cornwall and the emerging plans for the redevelopment of the Pydar area. But we are losing shops from the town centre and many small businesses are struggling. This is a significant investment and if it is well spent could be transformative.
If you would like to get involved with shaping the future of Truro, please email me: email@example.com