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Latest News

Torbay Town Centres Regeneration Gathering Momentum

12th December 2016

Categories: Latest News

Progress is being made on regeneration of all three of Torbay's town centres - in Torquay, Paignton and Brixham.

 

The outcomes we want to achieve centre around making the town centres fit for the 21st century. This includes a greater mix of uses within the town centres - including retail, residential, commercial and event space. There will be a refocused retail offer, using Torquay's waterfront USP to attract more boutique and independent retailers. This ties in to the "Love Your High Street" work and alongside the Bay's great tourism and cultural offer, will ensure increased footfall, more spend, a better quality environment, more residents and jobs in the town centres.

 

Our energy is focused on several key areas of work:

 

1. Development on – Torquay town hall car park; part of terrace car park; refurbishment of lower union lane MSCP; Victoria centre; part of paignton harbour; Brixham’s town centre car park. We have soft market tested development options for these sites and received excellent feedback, from local, national and international investors and construction companies.  This feedback continues to inform the way in which development could be delivered on those sites.  These sites have a development value of around £150M, could provide over 500 homes and around 9000 sq mts of commercial space. This will pump prime other initiatives and encourage further investment. See our Invest In Torbay Brochure for more detail.

 

2. Options for – crossways and the area around Paignton library, bus and train stations – working with a range of land owners

 

3. Townscape investment - including better public spaces, improvements to building frontages, low speed / mixed use streets and the way in which all of that can be funded.

 

4. We continue to tap into local ideas and expertise for town centre regeneration.  There is an event in January 2017 to continue to harvest entrepreneurial ideas for town centre regeneration

 

 

Opportunity

 

Do you have any game changing ideas for town centres?  We’re particularly keen to hear your ideas for bringing empty or underused space above shops into residential use, on meanwhile uses for vacant properties, on funding for town centre projects.

 

Email enquiries@tedcltd.com or call 01803 207948

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