• Business
  • Community
  • Education
  • Environment
  • Health and wellbeing
  • Blog
  • Subscribe
  • Contact
Search
  • Listen or translate
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
  • Business
  • Community
  • Education
  • Environment
  • Health and wellbeing
  • Blog
  • Subscribe
  • Contact
Home Business and economy South Gloucestershire Council complete purchase of Kings Chase Shopping Centre as part...
  • Business and economy
  • Newsroom Email

South Gloucestershire Council complete purchase of Kings Chase Shopping Centre as part of plans to regenerate Kingswood High Street

By
jw47
-
18th May 2021
0
4763
Share on Facebook
Tweet on Twitter

South Gloucestershire Council has completed a £10m acquisition of the Kings Chase Shopping Centre and car park in Kingswood in a major step towards its long-term regeneration vision for the Town Centre.

This is a critical investment in the Future High Streets Fund Business Case, which was awarded funding by the Government on 26 December 2020, and completion of the purchase enables the Council to develop plans for further investment into improvement, redevelopment and regeneration works in and around the High Street.

Options for redevelopment include the potential for leisure, housing and community services to complement the retail experience, as the Council explores innovative new ways to bring vitality to the high street.

The Government funding was established to support transformational investment in property and infrastructure as part of a reimagination of UK high streets, and the Kings Chase shopping centre was identified as a critical asset for the long-term viability of Kingswood as a hub for the local community for shopping and centre of local employment. A public consultation on the Masterplan will be undertaken this Summer.

Recently the private sector has been unable to deliver much needed investment and a planned development did not come forward. The Council have secured funding from the Government and commitment to an additional capital investment budget to acquire the site and begin a first phase of improvement and redevelopment works.

Council Leader, Councillor Toby Savage said: “I am really excited to be able to confirm that we have completed the purchase of Kings Chase shopping centre and car park, which has been the subject of many months of hard work alongside the development of a Masterplan.

“We are extremely ambitious for the future of Kingswood and this acquisition is critical to our ability to deliver something truly transformational. Alongside the funding now in place to transform the public realm on Regent Street and with the building work to restore the Whitfield Tabernacle now underway, I look forward to the opportunities this will bring to the community.

“The support from local people and stakeholder groups in Kingswood through the public engagement we have conducted was critical in our success in accessing Government funding. This collaborative approach has allowed the public sector to intervene where the market is struggling.”

Kingswood MP Chris Skidmore said: “I have been a proud advocate for the Council’s Future High Streets Fund business case and was delighted to see the Government co-investing in this. Seeing the Whitfield Tabernacle alive with building work and now this vital acquisition being concluded presents the start of an exciting future for Kingswood town centre.”

  • TAGS
  • High Streets
  • Kingswood
SHARE
Facebook
Twitter
  • tweet
Previous articleCaution the watch word as we move to Step Three on Government Covid-19 Road Map
Next articleNew Chair and Vice Chair of South Gloucestershire Council elected
jw47

RELATED ARTICLESMORE FROM AUTHOR

Concept image of cables

Gigabit broadband coverage in South Gloucestershire hits impressive target

CYN Youth Work Manager, Jack Fitzsimmons, CYN Lead Youth Worker at The Batch, Gill Johnson alongside young people attending the newly reopened Youth Club.

The Batch Community Centre to partially reopen for youth services while a new long-term operator is identified

A photograph of South Gloucestershire Council's Badminton Road office

South Gloucestershire Council approves budget, spending and savings plan for 2023/24

Recent Posts
  • South Gloucestershire’s impressive recycling rate continues to rise
  • Emersons Green Library to be extended with additional space for children
  • South Wales and Western England leaders join forces to plan for the area’s future transport
  • Flood risk on South Gloucestershire roads reduced after three years of resilience work
  • Council secures more than £700,000 to provide new sports facilities for Patchway
Categories
  • Budget
  • Business and economy
  • Chair
  • Children and Young People
  • Climate and nature emergency
  • Community
  • Digital inclusion
  • Education
  • Environment
  • Featured
  • Featured
  • Health and wellbeing
  • Housing
  • Leader's blog
  • Newsroom Email
  • Newsroom Email Featured
  • Transport

EDITOR PICKS

South Gloucestershire Council 2021/2022 Budget

Recover and Rise Budget will take forward council priorities and provide...

11th February 2021
Vehicles queuing for community surge testing for Covid-19 variant in Emersons Green

An update on surge testing in Bristol and South Gloucestershire

10th February 2021
Covid-19 Get Tested - community surge testing available - A mutation of the Covid-19 UK variant is present in parts of Bristol and South Gloucestershire. Everyone aged 16 or over without symptoms in eligible postcodes should get tested to help suppress this variant, and help protect their loved ones.

Two additional testing sites to open for community surge testing

9th February 2021

POPULAR POSTS

Vehicles queuing for community surge testing for Covid-19 variant in Emersons Green

Additional Community Testing for South Gloucestershire and Bristol

6th February 2021
Covid-19 Community surge testing

Further surge testing announced in South Gloucestershire

28th February 2021

First Covid-19 Community Testing Unit to open in South Gloucestershire at...

30th September 2020

POPULAR CATEGORY

  • Newsroom Email679
  • Community365
  • Environment222
  • Health and wellbeing188
  • Transport154
  • Business and economy133
  • Education133
  • Newsroom Email Featured47
  • Climate and nature emergency25
ABOUT US
FOLLOW US
©