Agenda item - Presentation on Worthing Town Centre Regeneration
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Presentation on Worthing Town Centre Regeneration
(Martin Randall, Director for the Economy Adur & Worthing Council)
27.1 The Board considered a presentation from Martin Randall detailing several regeneration projects that were planned and in progress in Worthing Town Centre.
27.2 Councillor Theobald thanked Martin Randall for his presentation adding that he had found the projects very impressive.
27.3 Councillor Humphreys stated that whilst there were constraints there was potential for delivery on a number of exciting projects and he was very keen to push these forward.
27.4 Amanda Menahem enquired as to the timescales of delivery for the projects.
27.5 Martin Randall explained that delivery was programmed for 2018-2021 but each project required overlap with the necessary public realm improvements.
27.6 Councillor Smith stated that the focus in programme delivery for Lewes was on creating revenue streams as the authority was capital rich but currency poor.
27.7 Martin Randall agreed that whilst asset sales would provide capital receipts, creating new revenue streams was more important, albeit more challenging.
27.8 Councillor Wall noted the complexities in convincing developers toward mixed home, retail and office space.
27.9 RESOLVED- That the presentation be noted.