Middlesbrough has been given £21.9m from the Towns Fund.
The Towns Fund is investing in towns across the country, and is part of the government's plan to level up regions. You can find out more in the government's Towns Fund prospectus.
The vision for Middlesbrough
Five themes underpin the economic ambitions and aim to rebuild Middlesbrough's economic and social fortunes:
- Transport and connectivity - enhancing all modes of travel
- Urban communities and place-making - creating new urban communities, new employment accommodation, and a broader leisure mix
- The Middlesbrough experience - Middlesbrough will be the key destination in the Tees Valley
- Building a knowledge economy - improving quality of life and outcomes for residents through education and training
- Enterprise infrastructure - delivering premium commercial space for Middlesbrough, to enable additional employment
Impact
By 2030, Middlesbrough will be transformed by:
- 2000 new urban homes in the town centre, which will be home to 4000 residents
- £500,000,000 investment between 2020 and 2024
- 265,000 sq. ft. of additional modern office floorspace
- 2700 new jobs
- a 35% increase in rail passengers
- 16km of new cycleways
- a new town centre art college and secondary school by 2024
View the draft town investment plan summary.
The Town Deal Board
Our Town Deal Board includes some of the area's most influential business, community, and education leaders, and public institutions. The Board will shape the business case which will drive public and private investment.
The Board will develop and agree the Town Investment Plan for to submit to the government. The Board will also oversee delivery of the plan, ensuring that it maximises opportunities for communities and businesses across the town, and drives long term economic growth.
View the board's membership, terms of reference, code of conduct, and constitution.
Meeting documents
- 2 February 2024 agenda and 2 February 2024 minutes
- 4 December 2023 agenda and 4 December 2023 minutes
- 24 February 2023 agenda and 24 February 2023 minutes
- 28 October 2022 agenda and 28 October 2022 minutes
- 18 March 2022 agenda and 18 March 2022 minutes
- 19 November 2021 agenda and 19 November 2021 minutes
- 20 August 2021 agenda and 20 August 2021 minutes
- 30 July 2021 agenda and 30 July 2021 minutes
- 21 May 2021 agenda and 21 May 2021 minutes
- 26 March 2021 agenda and 26 March 2021 minutes
- 24 July 2020 agenda and 24 July 2020 minutes
- 17 April 2020 agenda and 17 April 2020 minutes
- 28 February 2020 agenda and 28 February 2020 minutes
- 24 January 2020 agenda and 24 January 2020 minutes
To find out more, or to have your say on Middlesbrough's proposals, email TIP@middlesbrough.gov.uk.