Glastonbury to receive £23.6 million investment from the Government Towns Fund

  Posted: 08.06.21 at 00:01 by Tim Lethaby

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Glastonbury is to receive a £23.6 million investment from Government Towns Fund.

Glastonbury is one of 30 towns in England to have received its share of more than £700 million to boost the local economy and create jobs.

MP for the town and vice-chair of the Towns Board, James Heappey, said the "enormous" amount will change the area for the better.

He said: “This is an enormous investment from the Government directly into Glastonbury.

"I would like to thank those who served with me on the Towns Board for delivering such a wide ranging and exciting proposal that will change our town for the better, bringing employment to our area and give opportunity to people living across mid-Somerset.”

The deals will help breathe new life into neglected areas and unused buildings by creating vibrant spaces for businesses, community events or much-needed new homes.

Projects in Glastonbury include the establishment of an enterprise and innovation centre in Beckery House, completion of work on the Red Brick Building, and a new park and ride service.

Sustainability is at the heart of many of the schemes with new greener transport infrastructure including cycle paths and pedestrian walkways that will connect areas in the greenest way possible.

Communities Secretary Robert Jenrick said: “We are levelling up towns and cities across the country by building stronger and more resilient local economies, boosting prosperity and opportunity in our communities, and helping them build back better from the pandemic.”

Today’s announcement means that 83 Towns Deals have now been agreed - totalling more than £2 billion investment in communities across England.

This is part of a plan by the government to level up opportunity and prosperity across all areas of the country, including through the £4.8 billion Levelling Up Fund, the £220 million Community Renewal Fund and the £830 million Future High Streets Fund.

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