Stevenage is experiencing transformational change.
A £1bn regeneration programme led by Stevenage Borough Council, working with the Stevenage Development Board, is delivering a mixed-use town centre reflecting the aspirations of its people, and businesses, and recognising its new town heritage and spirit.
Stevenage has many existing attributes, and we are building on these to enhance Stevenage as a town where people want to live, work and play.
Stevenage was built to be a utopia, a place where normal people could have great lives. It is a town with a number of advantages all in one place: green parks and open spaces, a variety of shops, a leisure park with activities for the family alongside playing home to a series of international, sector-leading organisations and life science companies. To put our business credentials into perspective, a quarter of the satellites currently orbiting the globe were built here, and Tim Peake controlled the ExoMars Rover from Airbus’ site in our town.
Although change has already been delivered on the ground, visibly improving the aesthetic and local offering, the town centre is in need of further rejuvenation and along with our development partners, we are delivering a £1bn regeneration programme designed to transform Stevenage. We will continue to diversify the current use of the town centre, bringing residential, leisure, commercial space, evening economy, active travel and arts and culture.
We have partnered with a number of private sector organisations such as Mace and Reef Group to bring change to the town, which is already being seen. Mace, the firm that built the Shard, will deliver the £350m SG1 scheme, a development formed of a series of units that will introduce new residential, retail and leisure opportunities – along with a combined public services hub – to the town centre. Development has already been delivered by Reef Group, such as a £50m upgrade to Queensway North, with mixed-uses including a gym and restaurants. Elsewhere, we are working with other partners such as Guinness Partnership to bring new affordable housing to the town centre.
£37.5m of funding has been secured through the Town’s Fund, with Stevenage being awarded the second-highest allocation in the country. This money will be used for nine projects throughout the town, which have been shaped in consultation with the local community. The Stevenage Development Board provides strategic leadership and oversees the projects allocated funding, as well as being instrumental in the creation of the Stevenage Town Investment Plan.
Visit the Stevenage Even Better, Investment Plan webpages to find out more about the Stevenage Town Investment Plan and these nine projects, which will soon be moving to their delivery phase.
To find out more information about all of the regeneration schemes head to our Regeneration website - your one-stop shop for all your regeneration news.
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