This strategy sets out a phased approach to town centre regeneration. It seeks, firstly, to build market confidence, largely through public sector investment. Confidence will lead to greater investment by the private sector in even bigger transformation projects. Confidence and investment will lead to regeneration of other parts of Torbay’s town centres and will have wider socio-economic benefits. We do not expect this to be a linear process; there will be overlap between different phases.
The Council will ensure, in delivering development on its own sites in town centres, that contracts with construction companies include requirements for use of local labour, skills development programmes. This will help ensure town centre regeneration has wider beneficial socio-economic impacts on Torbay.
For further information see: Transformation Strategy for Torbay’s town centres