Sidcup to receive fresh injection of regeneration funding
People living in flats to rent in Sidcup are set to see a whole host of improvements introduced in the local high street, following a new pledge of support from the Outer London Fund.
London mayor Boris Johnson announced earlier this month that Bexley Council will be allocated £1.8 million to carry out a number of regeneration projects in the area over the next two years, which will go a long way to helping Sidcup become a more desirable place to live.
Various public spaces are set to undergo extensive renovations, including the expansion of the Elm Parade area to create a new restaurant quarter, as well as the strengthening of links between Morrisons and the Nisbett Walk high street, plus key locations such as the railway station and the planned Queen Mary’s Health and Wellbeing Campus.
It is thought that these initiatives will help to attract new businesses to the region and support existing ones, with the funding set to add to the £1.8 million already invested into Sidcup by the council in recent years.
Linda Bailey, Bexley’s cabinet member for economic development and regeneration, said “Along with the arrival of key new brands like Waitrose and Travelodge, we will continue to build a new sense of investor confidence.”
She added: “We need to do all we can in partnership with the private sector to create an offer that encourages people back to explore, learn, shop, dine and trade in the town.”
This is one of many externally-funded regeneration schemes that will be taking place in Bexley over the coming years, with projects in Bexleyheath, Erith, Welling and Crayford already set to go ahead.
The council has also recently announced plans for more than 2,000 new homes to be created in the next few years, meaning more residents than ever will be able to take advantage of the new high street facilities.
Posted by Andy Britten
Published 27th January, 2012
© 2012 Estates IT Limited
Article source: http://www.net-lettings.co.uk/london-property-news/articles/sidcup-to-receive-fresh-injection-of-regeneration-funding-2561