Camborne secures £23.7m investment from Government’s Towns Fund

Town Deal Logo

Camborne has been awarded £23.7m by the Government to help transform the town and provide a better future for its residents.

Nine projects were proposed in an investment plan submitted by the Camborne Town Deal Board after being selected as one of 101 towns in the UK invited to apply for the regeneration funding available.

Central to the Town Deal vision is the Buzz Station, an iconic, vibrant complex that will house plenty for all age groups to see and do – including a small theatre and performance venue. Home to innovative start-up workspaces, a small amount of accommodation and a covered outdoor piazza, this project is expected to breathe new life into the town centre.

In a bid to create more well-paid jobs, the ground-breaking Fibre Park will provide almost 7,000 square metres of digital connectivity at former Cornwall College and SWEB locations, creating a number of employment opportunities in the burgeoning tech industry.

To encourage healthy living, every young person in Camborne will be given a bike and helmet. A network of cycling and walking routes are also planned and the community spaces at Park Gerry and Camborne Recreation Ground will be re-vamped.

Work to dramatically improve the look and feel of the town will continue with Project A-Void Phase 2 funding grants for local businesses and abandoned or dilapidated premises brought back into use.

New job opportunities, as well as new chances for training and development, will be on offer in the food and farming enterprise hub intended for the Duchy College Rosewarne site and a new contemporary crafts hub will be established in the Donald Thomas Centre.

The Town Deal board comprises a group of individuals from the private and public sectors who have worked tirelessly alongside Cornwall Council officers during the last twelve months to develop Camborne’s vision and plan.

Anna Pascoe, who was chairing Camborne Town Deal when the investment plan was being developed and submitted, said: “This is truly a milestone moment for Camborne and testament to the terrific work invested by all those involved with the project over the past year. Camborne has answered the Government’s question “What could you do with £24million?” with a bold offer aimed at improving the health and prosperity of all ages and groups in our town. I am incredibly excited to look ahead over the coming months as we work with local people, businesses and partners to turn the ideas from our Town Investment Plan into a reality which will make Camborne famous again.”

Cornwall Council cabinet portfolio holder for the economy Stephen Rushworth said: “This funding announcement for Camborne is fantastic news and I commend all of those who continue to work so hard and determinedly to help Camborne build back better and kickstart the towns regeneration for the benefit of residents and businesses.”

Work will now begin on developing business cases for each of the projects.

For more information, visit www.cambornetowndeal.com