Future High Streets Fund (FHSF) is a four-year fund run by Ministry of Housing, Communities and Local Government (MHCLG) which aims is to renew and reshape town centres and high streets in a way that drives growth, improves experience and ensures future sustainability.
It will do this by providing co-funding to support transformative and structural changes to overcome challenges in their area.
This includes acquiring and re-developing vacant/underused high street properties, enhancing the public realm, building refurbishments and so on.
Fylde BC submitted a comprehensive bid to MHCLG and, in May 2021, it was confirmed the historic Fylde market town was one of nine areas in the North West to benefit from a total of £102m worth of funding as part of the FHSF.
A grant of £6.3m has now been rubber-stamped which will enable the purchase and repurposing of a number of historic buildings on Poulton Street and Preston Street, together with a wide range of improvements to the public realm and outdoor spaces.
It is planned to create a new Heritage and Eco Skills Centre, Arts Centre and Community Cinema, together with the re-development of empty shops and new town centre housing.