Middlesbrough is one of 100 towns across the country selected to apply for up to £25m of government investment. The overarching aim of the Towns Fund is to drive the sustainable economic regeneration of towns to deliver long term economic and productivity growth.
More information is available in the government's Towns Fund prospectus.
The Vision for Middlesbrough
Five themes underpin the economic ambitions and aim to rebuild Middlesbrough’s economic and social fortunes:
- Transport and connectivity - all travel modes will be enhanced
- Urban communities and place-making - new urban communities, new employment accommodation and a broader leisure mix will be created
- The Middlesbrough experience - Middlesbrough will be the key destination in the Tees Valley
- Building a knowledge economy - quality of life and outcomes for residents will be improved through education and training
- Enterprise infrastructure - Middlesbrough will deliver premium commercial space to enable additional employment
Impact
By 2030, Middlesbrough will be transformed by:
- 2000 new urban homes in the town centre, home to 4000 residents;
- £500,000,000 investment between 2020 and 2024
- 265,000 sq. ft. of additional modern office floorspace
- 2700 new jobs
- 35% increase in rail passengers
- 16km of new cycleways provided
- new town centre art college and secondary school by 2024
View the draft town investment plan summary
The Town Deal Board
Middlesbrough has brought together some of the most influential business heads, community leaders, public institutions and educational leaders, to shape the business case which will drive public and private investment. These professionals comprise Middlesbrough's Town Deal Board.
The role of the Board is to work collaboratively to develop and agree the Town Investment Plan for submission to Government and oversee its delivery, ensuring that it maximises opportunities for communities and businesses across the Town, and drives long term economic growth.
View the board's membership, terms of reference, code of conduct, and constitution.
Meeting minutes
- 24 February 2023 agenda and 24 February 2023 minutes
- 28 October 2022 agenda and 28 October 2022 minutes
- 18 March 2022 agenda and 18 March 2022 minutes
- 19 November 2021 agenda and 19 November 2021 minutes
- 20 August 2021 agenda and 20 August 2021 minutes
- 30 July 2021 agenda and 30 July 2021 minutes
- 21 May 2021 agenda and 21 May 2021 minutes
- 26 March 2021 agenda and 26 March 2021 minutes
- 24 July 2020 agenda and 24 July 2020 minutes
- 17 April 2020 agenda and 17 April 2020 minutes
- 28 February 2020 agenda and 28 February 2020 minutes
- 24 January 2020 agenda and 24 January 2020 minutes
To find out more, or to have your say on Middlesbrough's proposals, email TIP@middlesbrough.gov.uk.