£2.25m boost for plan to get businesses back into empty properties

INITIATIVE PART OF BANGOR HIGH STREET REGENERATION

- David Powell

A £2.25 million investment is set to regenerate Bangor’s High Street by attracting new businesses, encouraging visitors and providing more local homes.

Cyngor Gwynedd has secured almost £1 million from the Welsh Government's Transforming Towns programme to implement the Bangor Empty Property Initiative (BEPI) pilot scheme in the city.

Together with support from Cyngor Gwynedd’s Town Centre Loans Fund, Welsh Government funding and contributions from the private sector, the next step in the plan to tackle the large number of empty properties in the city centre will be realised.

Like many towns and cities in the UK, Bangor has seen an increase in the number of vacant shops over recent years, especially since the Covid pandemic.