WARWICKSHIRE County Council has approved increasing the funding to Vicarage Street developments in Nuneaton.
The Transforming Nuneaton programme is aimed at boosting the town centre and creating opportunities for employment, economic growth and town centre living.
The additional funding will enable the development to carry on with plans to build a new library and business centre and 65 homes.
The library is set to finish in late 2026 and will relocate the service from its current building on Church Street which will remain open until the new building opens.
The new business centre will form part of the county council’s portfolio of business centres and will offer rental space to people and small enterprises, increasing footfall and providing a significant boost to the town centre’s economy.
The 65 homes will be taken forward by the Warwickshire Property Development Group, with construction expected to start after the new library and business centre is complete.
Coun Peter Butlin, portfolio holder for finance and property, said: “This funding is wonderful news for Nuneaton and is the green light for the next phase of its transformation to begin.
“We have not wavered in our commitment to giving Nuneaton the town centre it deserves and to creating opportunities for employment and education to its residents.
“This funding will allow the exciting programme to gather some real momentum.”
