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Town Deal

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What is the Towns Fund?

In September 2019 the government invited Grimsby to be one of 100 places in England to develop proposals for the town as part of the £3.6 billion Towns Fund.

The overarching aim of the Towns Fund is to level up towns and cities around the country, driving sustainable regeneration which delivers long term economic and productivity growth.

Being part of the Towns Fund means Grimsby is one of the places eligible to apply for this funding.  The Greater Grimsby Board established in 2016, has the role of steering the development of the town’s regeneration plans and is leading on the development of a Town Investment Plan (TIP).  The TIP will set out a clear vision and strategy for the town identifying which projects are needed to deliver economic growth over the next decade.

Through engagement with the public, our local businesses and other organisations the Greater Grimsby Board is looking at:

  • which projects to deliver
  • what funding is required
  • how these projects fit into our longer term Masterplan for the town

We have now submitted project proposals, developed in conjunction with our local community, partners and other stakeholders that will have a positive impact on the town. These proposals form our TIP, which was submitted to Government in October 2020.

Grimsby is eligible to bid for up to £25million in funding for the projects identified in the TIP with the expectation that this funding will deliver transformational economic, social and cultural benefits for the town.

The projects presented to Government are:

  • The development of a new public square at Riverhead Square (phase 1 of this work is already being planned thanks to an early award of £1m of Government funding);
  • Better pedestrian and cycle loops to connect the town centre and Alexandra Dockside;
  • The next phase of development of Garth Lane towards the creation of a major new waterfront residential community;
  • Refurbishment of the Central Library to accommodate new uses, including the potential for a new learning and innovation facility;
  • Development of a Victoria Mill Quarter including enhancement to the waterfront, to attract new uses to this heritage part of the town;
  • Further regeneration of St James’ Quarter to complement the regeneration works currently being carried out;
  • Activation Fund, launched on 5 November 2021, for delivery over a 3-year period, a local grant programme for community and local business-based initiatives with create diversification of activity within the town centre. Full details and eligibility criteria download the Activation Fund application form and guidance (Word, 1MB) .

More information will be made available when we receive confirmation from Government of the funding awarded to the town.

Greater Grimsby Board

This Board was set up to offer strategic direction to the development of Grimsby’s pilot Town Deal as signed with Government in 2018. The Board membership is made up of representatives from local businesses, community organisations and other key stakeholders with an interest in the future development of Grimsby.

Since its establishment, the Board has worked towards developing a sustainable, practical vision for the town, which would form the basis for a strong partnership approach to regenerating Greater Grimsby. These early plans were brought together in our Town Deal Prospectus and formed stage one of our Town Deal with Government.

The Greater Grimsby Board will continue as the steering group for our next stage Town Deal and will be the driving force behind the development of our town plans.

Find out more about the Greater Grimsby Board including membership and past agendas and minutes.

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