Media release - issued 02 Feb 2018

£8.4m for Aldershot town centre

The regeneration of Aldershot has taken a huge leap forward after the announcement of £8.4 million of funding for Aldershot town centre.

The funding has been awarded to Rushmoor Borough Council by the Ministry of Housing, Community & Local Government and Homes England and forms part of the government's commitment to invest in new homes across the country and help regeneration schemes that include housing to get off the ground.

The council submitted a bid to the Housing Infrastructure Fund outlining its proposals for Aldershot town centre and ambitious plans to regenerate Union Street and the former Galleries shopping centre. Funding of £5 million will now go towards the Union Street East project, which will bring forward over 100 new homes in the town centre (subject to planning permission) and regenerate a number of key buildings in Union Street and around to the High Street, which have been empty for many years. 

The council has already been successful in buying a number of these buildings over the last two years and going forward the council aims to retain the character of these buildings, while creating modern shop units and new homes in the heart of the town centre.  The funding will go towards the cost of land acquisition and the provision of Suitable Alternative Natural Green Space (SANG) which is required when new homes are built.

A further £2.4 million will help to drive forward the redevelopment of The Galleries that has sat empty for more than a decade.  The council is working with the landowner, Shaviram, to bring forward a residential led mixed-use development of around 400 homes alongside new ground floor retail space, leisure uses and public space (subject to planning permission). 

The Galleries scheme also proposes the redevelopment of the High Street multi-storey car park and the provision of improved town centre and residential car parking facilities.  An additional £1 million of funding towards the costs of a sewer diversion will help make this happen.

Councillor David Clifford, Leader of Rushmoor Borough Council said: "We are delighted with the announcement. The funding represents a huge investment and vote of confidence in Aldershot and signifies the start of something bigger and better for our town."

Councillor Clifford added: "Aldershot has so much to offer and we expect both regeneration schemes to transform the town, creating new opportunities for town centre living and taking advantage of our excellent transport links. There is still a lot to do and we will not be satisfied until Aldershot is the vibrant town centre that we can all be proud of."

 

 
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