The Glastonbury Town Deal is set to bring £23.6 million investment into the town, representing a once-in-a-generation opportunity and delivering the objectives outlined in the Town Investment Plan.
With regeneration and sustainability at the heart of the Town Deal projects, the overall aim is to preserve Glastonbury’s heritage and restore its existing assets in order to revitalise and enrich the town.
The Town Investment Plan was developed by the Town Deal Board through engagement with key partners, businesses, community groups and Mendip District Council as the lead authority. The Town Deal projects are being coordinated and delivered by the members of the Glastonbury community.
Glastonbury is one of 101 towns in the UK set to receive investment from the Government’s Towns Fund scheme, as part of its Levelling Up agenda. This funding is designed to ‘level up’ all parts of the country by regenerating town centres to boost businesses, improve infrastructure, encourage enterprise and bring communities together.
The Town Deal - What to expect and when
Set to bring £23.6m of investment, the Glastonbury Town Deal is a once-in-a-generation opportunity that aims to provide a necessary ‘levelling up’ opportunity for the town.
Addressing the objectives outlined in the Glastonbury Town Investment Plan, the funding will be focused on bringing existing assets back into community use and delivering the spaces and resources that are wanted and needed by the local community. The investment will put the foundations in place for Glastonbury to become a sustainable, prosperous, modern town and global tourist centre.
What has been achieved so far?
The Town Investment Plan was submitted to the government’s Ministry for Housing, Communities and Local Government (now called the Department for Levelling Up, Housing and Communities) in January 2021. A letter of intent was received in June 2021, followed by a formal grant offer in November 2021 stating that Glastonbury would receive up to £23.6m from the government’s Towns Fund scheme across the financial years 2021/22 to 2025/26.
Detailed Business Cases were developed for each of the projects, in line with HM Treasury’s Green Book and Supplementary Guidance. These cover the strategic, economic, commercial, financial and management aspects of each project. They include clear and measurable social, economic and environmental outcomes that will result in social and financial value for Glastonbury.
This process had to be carefully followed and viable Business Cases submitted in order to secure the funding. The Business Cases have now been approved by the Town Deal Board and Mendip District Council. They were submitted to the government at the end of June 2022.
Where are we now?
The completed Business Cases will be reviewed by the Department for Levelling Up, Housing and Communities and funds will be released as and when each has been approved. This means the funding may filter through on a project-by-project basis rather than being provided in one lump sum. We anticipate that the funds will arrive in Glastonbury from the autumn of this year.
Upon receipt of the funding, work should begin fairly promptly as, in line with government requirements, all of the funding must be spent by the end of March 2026. As a result, these exciting plans should be realised for Glastonbury within five years, regenerating and invigorating the town, bringing new facilities and fresh opportunities for the local community.
Who is responsible?
Mendip District Council is leading the process with the Glastonbury Town Deal Board and working in partnership with the project teams.
Once confirmed, the individual project teams will manage and deliver their projects, with ongoing support from the Town Deal Board and Mendip District Council (or Somerset County Council once the transition has been made to a unitary authority).
The Glastonbury community is very much at the heart of all the projects, so a number of open day events have been held where project teams were able to gather feedback and suggestions from local residents and businesses as part of the Business Case development process.
Some of the projects have evolved since the Town Investment Plan was published as a result of this community engagement and the wider Business Case process. Another open day event will be held later this year, once the projects and funding have been confirmed, to share the revised plans with the local community. Summaries will also then be updated on the Projects section of the Glastonbury Town Deal website.
The Town Deal investment and projects will bring many opportunities for local suppliers and contractors over the coming years.
Any local businesses or suppliers that are interested in working on the Glastonbury Town Deal projects should email their contact details and a summary of their services/skills to: email@example.com
Towns Fund – Town Deals
On 27 July 2019, the Prime Minister announced that the Towns Fund would support an initial 101 places across England to develop Town Deal proposals, to drive economic regeneration and deliver long-term economic and productivity growth.
A Town Deal is an agreement in principle between government, the Lead Council and the Town Deal Board. It will set out a vision and strategy for the town, and what each party agrees to do to achieve this vision.
Each of the 101 towns selected to work towards a Town Deal also received accelerated funding last year for investment in capital projects that would have an immediate impact and help places “build back better” in the wake of Covid-19.
Town Investment plan
The Glastonbury Town Investment Plan was developed by the Town Deal Board through engagement with key partners, businesses, community groups and Mendip District Council as the lead authority.
Submitted to the government in January 2021, the Plan aims to drive regeneration, generate sustainable economic productivity and improve wellbeing.
In June 2021, the government confirmed ‘heads of terms’ for grant funding of £23.6million for Glastonbury to deliver the concepts and objectives outlined in Glastonbury’s Town Investment Plan.