Stowmarket Town Centre Gateway Fund

Stowmarket Town Centre Gateway Fund

Stowmarket Town Centre Gateway Fund

Mid Suffolk District Council has created a £1.5million fund to enhance Stowmarket town centre. The Stowmarket Town Centre Gateway Fund is now open for enquiries, expressions of interest and proposals.

This Fund is made possible thanks to the income generated by our investment in the Gateway 14 business park – which is on the edge of the town.

A summary of the initiative is as follows:

  1. We will work with landlords to bring under-utilised properties (including empty shops) back into use. This could involve us buying buildings, renting buildings for a short term, or helping to support their refurbishment
  2. Potential occupiers will then be supported to find a location in the town centre. This will open the door for new businesses, pop-ups and other ventures who want to launch their first shop or space
  3. The types of use encouraged include:
    • arts and cultural experiences
    • tourism
    • community activities
    • retail
    • small business workspaces
    • leisure, food and drink
    • activities that bring something new to the town
  4. We are confident that we can help create exciting new opportunities, which support a sustainable and vibrant future. We will work alongside key partners – such as Stowmarket Town Council, private sector owners, businesses and potential occupiers – to bring new attractions to the town centre. This will create a more resilient, mixed-use future and will increase footfall
  5. Any profits from the town centre initiative will be reinvested into the scheme

Stowmarket Town Centre Gateway Fund – Mid Suffolk District Council – baberghmidsuffolk.com