An ambitious bid for government funding to improve infrastructure in Stroud has not been successful.
The bid to the Future High Streets fund was prepared by a partnership including: Stroud Town and District Councils, Stroud Chamber of Commerce, Dransfield Properties and other stakeholders.
The application sought funding for many of the projects identified in the Shaping the Heart of Stroud, Neighbourhood Development Plan, including revitalising the streets scene, highways improvements and restoring heritage buildings in the town centre.
Competition for the funding was fierce and none of the bids from Gloucestershire councils were accepted by the Ministry of Housing, Communities & Local Government.
Cllr Doina Cornell, Leader of Stroud District Council said: “This is disappointing news. We put together an excellent bid that clearly demonstrates the power of partnership working. We have a clear idea of what we want to achieve and we will now look at other funding streams to make sure we achieve it.”
Stroud Mayor Kevin Cranston said, “Naturally, we are all disappointed that the bid was not successful, but I am proud of the hard work our staff put into preparing the application. It will not be wasted.
“We have already submitted a further bid to Historic England for funding for a Heritage Action Zone, to support projects in Stroud town centre, in particular improvements to shopfronts and bringing heritage buildings back into use.
“We have also submitted detailed expressions of interest to GFirst LEP’s project pipline, outlining a number of potential infrastructure projects in Stroud and will continue to work with our partners to make sure that Stroud receives the support needed to ensure the survival and regeneration of our town centre.”