Published: 6th Aug 2019

An innovative programme to bring vacant commercial property back into use in Kent has won £1m from The Growing Places Fund (GPF) following a successful bid to the South East Local Enterprise Partnership (SELEP) by Kent County Council. The No Use Empty Commercial scheme will help redevelop eight commercial units and 28 residential above them in the town centres of Dover, Folkestone and Thanet by March 2022. Interest-bearing loans over two-years are available to help developers bring forward projects which are of a larger scale, either as a top-up or to fund the whole scheme. Christian Brodie, chair of SELEP, said: ‘This is an innovative scheme that will really make a difference to how our town centres look, and also their economic performance. ‘We all know that many town centres have struggled to respond to the competition from large retailers and they, in turn, are finding it hard to compete against … (To read the full article, subscribe below)