RECEIVING SUPPORT
NOTE: First cost is Town Deal funding. The figure in brackets is the total cost of the project.
■■Loughborough College Digital Skills Hub, £2.6 million (£7m)
The hub will provide the opportunity to increase the skills of the regional workforce through supporting industry links, delivering T-levels, apprenticeships and provide support to businesses post-Covid.
■■Living Loughborough Project, £2.87million (£3.1m)
The investment will make the town centre a dynamic, pleasant, safe social hub through more seating and dining areas; semi-permanent stalls; performance space; promotion of cultural heritage; improved lighting, and CCTV.
■■Healthy and Innovative Loughborough, £2.46 million (£10.9m)
Utilising university innovation and knowledge to support business innovation and growth, contributing 220 jobs and supporting 70 new businesses.
■■Loughborough Wood Brook Flood Risk Management Scheme, £2 million (£4.8m)
Offseting impacts of climate change by providing flood protection for up to 360 residential and 101 non-residential properties and bringing five sites out of flood risk including Limehurst Depot.
■■Bedford Square Gateway Project, £1.7 million (£3.6m)
This project seeks to improve the public realm to make the town centre attractive and accessible. Priority will be given to the health, safety, and mobility of pedestrians.
■■The Generator - Creative Industries and Community Arts Hub. £1.6 million (£4m)
A Creative Industries and
Community Arts Hub, led by a Community Interest Company, will bring a major derelict 1930s building back to use as an arts venue and visitor attraction. Three floors of workspace will support creative industries and a multimedia arts centre cafe and restaurant will be used for performance, exhibitions, and community engagement.
■■John Taylor’s Bell Foundry: Saving the last major bell foundry in Britain, £835,000 (£5.4m)
The Bell Foundry has successfully secured over £5 million, £3.5 million of this from the National Lottery.
Additional funding will help remove the Bell Foundry from the Heritage at Risk register and create a Bell Museum.
■■Riverside Regeneration, £885,000 (£905,000)
This project will upgrade the historic national Waterway corridor which links the town centre and railway station, making it a more attractive place to visit and use as a sustainable travel corridor.
■■Careers and Enterprise Hub, £150,000 (£357,000)
This is being delivered through a collaborative partnership which includes Loughborough College and Loughborough University.
■■Great Central Railway - A new Heritage Locomotive Works, Education Centre and Museum for Loughborough. £30,000 (£100,000)
This project will help to preserve and develop rare employment skills and deliver tourism opportunities.
■■The Hope Bell, To be confirmed.
The proposal is to rescope the Lanes and Links project and create the Hope Bell in alignment with the Carillon War Memorial, providing a walkway for commemoration and reflection on the impact of the pandemic and lives lost in conflict.