Millions more pounds could be pumped into the regeneration of Newcastle’s famous Grainger Market, while council chiefs say its financial struggles are now “salvageable”.
Traders and shoppers at the city centre market have rejoiced in recent weeks, having suffered through years of frustration. Disruptive and long-running construction works to restore its roof have finally concluded, with the next step in the historic site’s transformation being a £9m set of upgrades due later this year.
But it has now emerged that the area around the Grainger Market could also be given a major facelift too, in order to avoid cash being clawed back by the Government. Also included in the successful 2021 Levelling Up Fund bid (LUF) that is largely funding the next set of improvements inside the market hall, details of which are still unconfirmed, was more than £10m to radically overhaul Old Eldon Square and pedestrianise Blackett Street.
