Green light for ‘town centre’ regeneration projects

Funding for Pennywell Culture & Learning Hub and Granton Station

Five projects across the city are to benefit from the city council’s Town Centre Fund. Gracemount public realm, Craigmillar town centre, Westside Plaza Phase 3, Granton Station, Pentlands Community Space and Pennywell Hub have all been chosen to receive a share of the £1.454 million being allocated.

The funding for all of these local projects was passed at today’s City of Edinburgh Council full council meeting.

The money is part of £3.567 million of total investment that the City of Edinburgh Council received, over two rounds, from the Scottish Government Town Centre Fund. The funding seeks to drive local economic activity and invest in inclusive growth which supports town centres to become more diverse and sustainable, creating more vibrant, creative, enterprising and accessible places for their communities.

Local MSP, Ben Macpherson, has said that “the £747,000 investment for the Granton Station project will create a new destination in the heart of North Edinburgh for locals and visitors alike, and is an exciting aspect of the wider Waterfront development.”

Edinburgh Pentlands MSP, Gordon MacDonald, was also delighted to see “two brilliant local projects in Edinburgh Pentlands receiving the backing they need to take them another step closer to becoming a reality” as Westside Plaza Phase 3 and Pentlands Community Space were confirmed as they received £300,000 and £75,000 respectively.

The projects receiving funding also includes the Craigmillar town centre project and their bid to receive £170,000.

This funding will support them to turn a vacant site in the heart of the Craigmillar regeneration area into a hub for the local community and provide spaces for new and existing businesses.

The Edinburgh East MP, Tommy Sheppard, has said “This is an imaginative project that can help stimulate business in Craigmillar in a way that works with the grain of social distancing. It’s the kind of smart, targeted investment we need to bounce back from the pandemic.”

Commenting on the city wide funding, Convener of Housing, Homelessness and Fair Work, Cllr Kate Campbell, said: “We know that the impact on businesses from the pandemic has been especially hard, and that jobs and livelihoods are at risk. It’s important that we are doing everything we can to boost economic activity in our town centres so this allocation of additional funding to the Town Centres fund could not have come at a better time.

“We’re investing in public realm in areas of the city that we know have high levels of poverty. These are communities that need this investment.

“Most of these projects focus on transforming public realm. At Granton and Craigmillar this is going further, and creating a space that can be used for outdoor markets and pop up food and drink stalls.

“I’m really pleased that we are creating economic opportunities in the communities that will really feel the benefit. It’s about quality of life – creating public space that is safe, well designed, pedestrian and cycle friendly, and a place that people want to be. When we create spaces like this, we encourage people to use their local town centres in a way that’s good for the community and good for local businesses.

“The other benefit of these projects is that they all involve construction – so at the same time as benefiting communities, and improving public space, we’re also creating jobs at a time when they are desperately needed.”