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Gloucestershire Business News

BREAKING: Gloucester to receive £11m boost

Plans for an ambitious scheme that will transform Gloucester city centre have been given the green light with the news that it will receive £11 million of Levelling Up Funding.

The bold new vision for a vibrant garden quarter in the heart of the city proposed by Gloucester City Council, can now go ahead following the budget announcement that Gloucester will receive an £11 million boost.

The new Greyfriars Quarter will mean a complete revamp of the area around the Eastgate Shopping Centre complementing the massive multi-million-pound regeneration currently taking place right across the city.

The proposals will see part of the shopping centre, including the market hall, given an overhaul and repurposed with spaces set aside for community activities, a new market and food hall, as well as a park and gardens, all set within the grounds of the 13th century Greyfriars monastery.

The market hall will be relocated to another part of the shopping centre, with a contemporary new design that would see it open up onto a landscaped courtyard garden.

The current market would be refurbished to house a multi-purpose performance space for dance, music, fitness, community and leisure events.

The plan also includes a proposal to create serviced apartments, providing a unique place to stay and the creation of flexible workspaces within the refurbished 18th century house adjacent to the friary.

The new scheme supported would also see the construction of a new urban park, outdoor gym, play area and cycle hub.

Councillor Jeremy Hilton, leader of Gloucester City Council, said: "We're delighted that this exciting scheme can now start gaining some momentum. This investment will allow us to begin regenerating that part of the city centre to bring it in line with the other areas that have already received massive investment.

"City centres are evolving into spaces where people not only work and shop but choose to live and enjoy their leisure time. It's essential for Gloucester to keep pace with these changes.

"This is another piece in the jigsaw along with The Forum, Kings Square, and the Food Dock all supported by the council, ensuring that Gloucester remains a lively and inviting place to visit."

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