A group of leaders from public, private and voluntary organisations have met to ‘think Lowestoft’ – and help Suffolk’s second largest town secure a funding pot of up to £25 million.
The fund would go to regenerate and re-energise the town – and local people are also being asked for their views. Following an announcement by the Government last year, a £3.6 billion Towns Fund, listed 101 places across the UK, including Lowestoft to seek a ‘Towns Deal’.
Each town is required to develop a ‘Town Investment Plan’, which sets out its assets, opportunities and challenges. The amount of investment that Lowestoft receives from the Towns Fund will be determined by the strength of the Investment Plan.
Led by East Suffolk Council, the Lowestoft Place Board has been created to “think Lowestoft” and drive forward the town’s growth and regeneration ambitions. Local people can provide their ideas for the project by going online to: mytown.communities.gov.uk/town/lowestoft/