Stranraer secures £1.8m grant

The council has been successful in securing more funding after it was confirmed their bid for £1.8 million of funding from the Regeneration Capital Grant Fund (RCGF) has been successful.

The money will go towards the regeneration of Stranraer but unfortunately similar bids for projects in Dumfries and Kirkcudbright did not receive funding.

The council applied to the joint COSLA and Scottish Government RCGF last year.

The application for £1.8 million for Stranraer builds on the success that the council had in achieving over £3 million of funding to regenerate parts of the town last year.

This new funding has been awarded to improve the physical link from the successfully developed Castle Square to the Marina and enhancing the links to the West Pier.

The Stranraer Urban Design Strategy and Masterplan is driving forward investment and delivering change in both the town centre and the waterfront areas of the town.

The recently awarded CARS Funding will drive forward significant change, that together will combine with a range of measures to increase the competitiveness and vitality of Stranraer as a business and visitor destination.

In turn it will improve quality of life for people in Stranraer and provide access to new training.

Chair of the environment, economy and infrastructure committee, Colin Smyth, said: “I am pleased that we have once again been able to secure yet more funding to invest in the regeneration of Stranraer.

“Building the local economy is the number one priority for this council and a key part of this is the regeneration of Stranraer.

“By investing in the town to make it attractive, we hope we can boost the number of people who visit Stranraer, which is good for local shops.

“This investment in the regeneration of the town will help improve the vitality and competitiveness of Stranraer, which has struggled in recent years to attract commercial inward investment and is yet more evidence of our commitment to the town.

“Last year, our council secured more than £3 million for improvements in Stranraer.

“Much of that investment has so far gone towards the Stranraer Waterfront because it is the main opportunity that exists to deliver transformational change for the town and offers a new reason to attract visitors.

“However, I strongly believe that the regeneration of Stranraer is about more than just the waterfront.

“That is why we need to maximise the positive impact of physical change and to make tangible links from the town centre to the waterfront and East Pier.”