Six new flats have been approved for development on Blackwood High Street, Caerphilly.
Office space above ASA fashions and New Mode have been given the go ahead for renovation, transforming the vacant space into six new flats.
The building at 195 – 197 High Street, Blackwood benefited from a funding boost of £239,416 from the Welsh Government Targeted Regeneration Investment (TRI) programme. The TRI funding programme aims to support regeneration projects that promote economic regeneration – creating jobs, enhancing skills and employability, and creating the right environment for businesses to grow and thrive.
The funding is aimed at bringing vacant commercial properties back in to use and will address the requirement for retail and commercial floor space that meets the needs of businesses, by providing gap funding for vacant commercial building occupiers and owners, to enhance building frontages and bring vacant commercial floor space back into beneficial business use.
Councillor Eluned Stenner, Cabinet Member for Performance, Economy and Enterprise said: “To date, we have awarded just over £920,000 to four major refurbishment projects in the borough including: Caerphilly Miners Centre For the Community, BrewMonster Brew House, the Former Store 21 building in Blackwood and 195-197 High Street Blackwood.
“Regeneration is the life blood of all that we do in Caerphilly Council, to ensure our business community is supported and that we are building communities fit for the future.”
Leave a Reply
View Comments