The Committee considered a report on the
preferred projects for inclusion in the Levelling Up bid submission
to Government. The Deputy Director – Economic Development
presented the report and gave a presentation. She explained the
three investment themes, how the funding works, the bid process and
the proposed projects. The Government deadline for submitting bids
was 12 noon on 6 July. However, the online application portal was
not yet open and therefore the deadline might be extended.
In summary, six projects had been shortlisted
from the project longlist of eleven. All projects need to evidence
their potential to support a number of key outputs and they also
need a robust delivery plan so as to be able to start in 2022-23.
Based upon this criteria and further review, two projects
- Multi-Use Community Space and
Riverside as a Destination – had not been recommended for
further consideration for this funding stream.
The four remaining projects were presented to
the Town Board on 13 June 2022. The Board unanimously agreed to
endorse the shortlist. However, following further consideration by
Officers, it was now proposed to remove the Museum and Art Gallery
project as it potentially requires the acquisition of a further
asset and/or ongoing revenue costs to the Council which cannot be
estimated at this stage, and which cannot be included in the
capital funding bid. Other options for bring this proposal forward
will be explored.
Therefore the following three projects were
• Nunnery Wood Sports
Complex - Redevelopment and refurbishment of track and field
facilities, a Grandstand and additional indoor space to support an
extended programme of activity - £9m
• Engine Works, Shrub
Hill - Repurposing and bringing back into use listed industrial
space with the creation of new mixed use office accommodation,
workshop and creative spaces - £8m with £880k from
Worcestershire County Council
• Pitchcroft Grandstand Development – Redevelop
the grandstand in order to increase visitor numbers and attract
more footfall to city centre. Facility for 300+ race-goers or
conference delegates; riverside and racecourse views; access for
neighbouring users of the site - £3m in total with £3m
matched investment from Arena Racing Company.
ensuing discussion, the following main points were made:
Officers advised that there will be a formal agreement with Arena
Racing to deliver a share in profits from the Grandstand operation
through amendment to the existing lease. The Nunnery Wood Sports
Complex regeneration will increase usage and this will be reflected
in the contract with Freedom Leisure. The Engine Works will bring
the building back to a marketable and lettable condition. This is a
joint venture and this initial funding will then kickstart further
investment into the building, led by the County Council.
Officers are not aware of any Levelling Up bids by other
Worcestershire Councils which will provide competition. The County
Council are making a large transport investment bid which is
focussed on Shrub Hill railway station. It will be marked
separately to our bid and therefore the two will ...
view the full minutes text for item 20.