George Eustice, Member of Parliament for Camborne, Redruth, and Hayle has today welcomed the announcement that the first tranche of funding for Camborne Town Deal projects has been released and work will now get underway on a significant town improvement programme.
Eight projects were given the go-ahead to develop business plans last spring and seven of these have now been officially approved. The eighth, involving large-scale town centre regeneration and replacing the original Buzz Station proposal, has been awarded a six-month extension. Final approval for that business case is expected early next year once the public consultation phase has taken place.
Grant funding agreements will now be issued for the following projects among others:
- Fibre Park: Led by the Headforwards software development company, this project will create a substantial digital workspace and world-class connectivity at former Cornwall College and SWEB locations. It will also provide school outreach activities.
- Project A-Void Phase 2: Led by BID Camborne, this will offer a further round of improvement grants to local businesses as well as help to fill vacant shops and refurbish run-down premises.
- Renovating the Recreation Ground: Led by Camborne Rugby Football Club, planned work includes creating a walking/cycling exercise circuit, replacing the grandstand roof, and refurbishing the changing rooms.
Further details and information about the other 6 projects can be found on the CTB website.
Following the announcement, George Eustice commented, “Since first being elected in 2010, I have made a commitment that the economic regeneration in Camborne, Redruth and Hayle was my number one priority. Over the last 12 years, I have worked hard to deliver on that promise. It is welcome news that the first seven Camborne Town Deal projects have been approved by the Government and work can now commence. This will now allow for projects like the creation of a ‘Fibre Park’ tech hub and the renovation of Camborne Rugby Club’s facilities to start.
“While the 8th and the largest project has been delayed by the issues with purchasing the bus station, I am looking forward to it also being approved in due course after it was granted a 6-month extension. Camborne used to be one of the richest towns in the southwest and it is important that we work to bring back that vitality to its town centre once again.”
