A planned £100+m regeneration programme is well underway.
In 2015 the Council invested £6m in buying the Royal Arcade and appointed Peveril Securities to redevelop the whole site including a £25m commercially-funded leisure and retail scheme. The Council will contribute an additional £18.3m towards the cost of developing a new bus station, 400 space multi-storey car park and new public realm. This project is now under way.
In 2017 the Council started plans to develop the Market Hall with £3.9m programme, which includes £2.3m support from the Government’s Local Growth Fund, through Cheshire & Warrington Local Enterprise Partnership. The Hall is due to open in spring 2021.
What could be next?
Future High Streets Fund
In 2019 Crewe was shortlisted in 2019 for the Government’s Future High Streets Fund. Cheshire East Council put forward a bid to the Government for £20m for a range of town centre projects. As a result it has been allocated £14.1m ‘in principle’ and is currently (Feb 2021) waiting for final confirmation before starting the projects.
In 2020, following the Government’s announcement that Crewe had been selected as one of 101 towns eligible for funding from its Towns Fund, local partners set up a new partnership – Crewe Town Board.
The Board was successful in applying for early funding of £750,000 to develop Lyceum Square with a project called LY2. The Board has led in developing a Town Investment Plan for Crewe which includes proposals for ten projects totalling £25m, the majority of these are focused on supporting the regeneration of the town centre. This plan was submitted to Government in January 2021 and a response is expected in early spring. If successful, projects will start in late 2021/early 2022.
The National Lottery Heritage Fund has given the go ahead to move forward with plans to deliver a fantastic new vision for Cheshire’s archives.
The project – Cheshire’s archives: a story shared – will see Cheshire East and Cheshire West and Chester Councils create two new history centres in Crewe and Chester to transform access to the archive collections and make sure they can be preserved for future generations to enjoy.
A History Centre will provide a purpose-built archive on the site of the old Crewe Library. It will reflect the story and heritage of the communities of Cheshire East, including Crewe.
The Town Board will now work with the community and partners to look at other projects and look for further sources of funding in order to develop the Town Investment Plan further.