'Beyond disappointing': Bolton gets second crusing blow in just 24 hours after £40m bids end in failure
Plans for a more vibrant town centre in Bolton were given a second crushing blow in 24 hours after the council missed out on bids for £40m of levelling up cash. Plans for a £20m investment in three new development projects in Bolton town centre were dashed, after the Government’s Levelling Up Fund failed to approve them.
The first scheme would have seen the under-used southern side of Le Mans Crescent converted into a high-end hotel operated by IHG. This would have been complemented by adding conference facilities to the neighbouring Albert Halls. The council said despite the bad news, the regeneration of the town centre continues to gather momentum including renovation work at both the central library and Bolton Market, which is being backed by the Government’s Town’s Fund. Work is also underway on the Bolton College of Medical Sciences which is being backed by £20m from the first round of the Levelling Up Fund.
He said: “This further throws this so called levelling up agenda into disrepute. It’s not working for the left behind areas like Bolton. Instead of having this competitive process where we are clearly losing out, the government needs to properly fund local authorities and replace the money that we’ve lost over the last 13 years.”
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