Brunswick Wharf Project Receives £797K of Gov Funding

Brunswick Wharf Bideford Aerial View

More than £2.3 million of Government funding has been awarded to a partnership of Councils in Devon, including Torridge to deliver local regeneration schemes and economic recovery.

The Devon and Torbay One Public Estate Partnership (Devon County Council, Exeter City Council, Torbay Council and Torridge District Council) has received £330,000 of One Public Estate (OPE) funding and £2,017,568 from the Land Release Fund.

The OPE programme aims to support councils to deliver initiatives, which create economic growth through unlocking land for new homes and jobs; providing new opportunities to save on running costs or generating income funding; or transforming services.

Funding for Brunswick Wharf in Bideford has come from the Land Release Fund, which aims to support small-scale infrastructure works to improve quality of life and to overcome barriers which would otherwise make land unusable for development. The award of £797,000 will be used for stabilisation and remedial works to the historic harbour wall as part of the site enabling works and flood defence scheme, opening the way for an estimated £22.6 million investment to create:

- 85 homes;
- 5 Design Studios with potential for live/work opportunities;
- 7 retail units;
- A signature restaurant and separate café;
- New public realm, including a riverside walk and public art, generating vibrancy and acting as a springboard for further investment into surrounding riverfront sites;
- 64 jobs created in addition to 240 construction jobs generated during the construction phase;
- An ambition to create a Net Zero development with a net gain in biodiversity.

Councillor Bob Hicks, Torridge District Council Lead Member for Economic Regeneration, said: 

"The Government funding awarded to this key regeneration project at Brunswick Wharf in Bideford is very welcome and reflects the complex challenges in redeveloping an historical industrial quayside location. The work the money will be used for will ensure the sustainability of the site for future generations in stabilising the quayside retaining wall and flood defence enhancements. We look forward to working with the developer, Red Earth, to bringing this project to fruition and the important economic regeneration benefits this will deliver for the town and the Torridge area as a whole. It's really great news for everyone involved."

10 June 2021