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£6.44million confirmed for March

I’m delighted to confirm that a £6.44million investment to transform March town centre has today (WED) been approved by Government. The funding was allocated in principle in December 2020 and Fenland District Council has been working with MHCLG on a revised submission in the final step of the funding process. The total now approved, £6,447,129.12, will be match funded by £2million pledged by Cambridgeshire and Peterborough Combined Authority. It’s a huge boost for March at a time when it is sorely needed. Town centres should be vibrant places to live, work and shop and the pandemic has dealt a harsh blow to retailers and those in the hospitality sector whose businesses thrive on a town centre that is the heart and soul of our community. This sum of money is a once in a generation opportunity to bring positive change. It will be spent on a variety of projects including improvements to Broad Street to create more pedestrian space and reduce traffic and opening up the underused riverside areas providing improved access and seating. Other plans include redeveloping the historic Market Place to make it more of a community space, regenerating the Acre Road area and bringing vacant buildings back into use. In total, 72 high streets will share over £830 million to help them reopen for business and recover from the effects of the pandemic. Many in the constituency have been involved and consulted, including members and officers of March Town Council, Fenland District Council, Cambridgeshire and Peterborough Combined Authority, Cambridgeshire County Council, and – most importantly – the residents of March who contributed their views and opinions as part of the community consultation. Today’s announcement is a milestone in the Government’s levelling up agenda, renewing and reshaping town centres in a way that drives growth, improves experience and ensures future sustainability. This is the icing on the cake of a number of funding and improvement announcements across the entire constituency during the last year.”

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