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£2 million funding for Derby's Green Lane area confirmed

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FUNDING has been confirmed that will mean the start of a near-£2 million scheme to revitalise Derby city centre's Green Lane area. The project, for up to five years, will see the cash spent on restoring buildings and enhancing historic features. It has been made possible thanks to £700,000 from the Heritage Lottery Fund and £291,500 from Derby City Council's Regeneration Fund, set up to stimulate city centre developments. The remaining £900,000 is expected to come from the owners of the buildings, "match-funding" the grants they get through the scheme. The Green Lane area has a number of 18th-century and 19th-century buildings, including the former Quicksilver building. Councillor Asaf Afzal, the council's cabinet member for planning, environment and public protection, said: "This part of the city centre has struggled in recent years but its potential is huge. "Working with the local business community, we are determined to help bring it back to life through the awarding of grants to restore and enhance historic buildings."

£2 million funding for Derby's Green Lane area confirmed


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