Food Street, Eastbourne
- Capital Investment - Getting Building Fund, East Sussex, Less than £2m
Approval Status
Fully Approved
Delivery Status
GBF Project Delivered
Project Completion Date
Autumn 2022
Food Street is an aspiration to develop a vibrant, independent food and drink-based economy at the seafront end of Terminus Road in Eastbourne. It seeks to bring 5 refurbished (previously vacant) commercial units back into use as part of an enhanced commercial offer in Eastbourne Town Centre. The Getting Building Fund will support Phase 1 of the wider Victoria Place regeneration plans, including pedestrianisation of the street, that has recently secured Levelling Up Funding from Central Government for subsequent phases.
The strategic repositioning of businesses into Food Street will:
- Create an exciting mixed artisan food and drink sector able to work together on marketing, signposting and promotions, thereby delivering economies of scale and increased footfall and spend.
- Generate a vibrant near-seafront economy, capitalising on the excellence of the location.
- Invest in the buoyant food economy at a time when the High Street becomes more focused on the delivery of quality experiences.
- Support local enterprise, recognising high quality, forward-facing independent businesses offering something different are the future for our town centres as well as meeting the Eastbourne Borough Council’s community wealth-building objectives.
- Create opportunity for a more permissive and enabling night-time economy “hotspot” that offers outdoor space and can host cultural and promotional activity in an attractive, safe, contemporary town centre environment.
The project has been approved by the Accountability Board at its meeting on 11 February 2022.
| Project Outputs/Outcomes | |
|---|---|
| New commercial units available | 5 |
| Additional commercial space | 440sqm |
| New jobs created | 10 |
| Additional Tourism benefits | £203,314 |
| Land Value uplift | £16,137 |
£85m of investment to East Sussex, Essex, Kent, Medway, Southend and Thurrock
The Getting Building Fund focuses on projects that can progress quickly and that will stimulate and better integrate economies in some of the most economically impacted and COVID-affected parts of the South East.
£85m of Getting Building Fund investment has been secured, enabling delivery of 45 projects across East Sussex, Essex, Kent, Medway, Southend and Thurrock.