The government has agreed to grant Redcar £750,000 towards a major new leisure project including a new hotel, adventure golf site and play area.
Plans for the 42-bed hotel and leisure scheme have been under development for the former Rkade skate park site in the Coatham area of Redcar and the council is in talks with a hotel operator.
The multi-million pound project also includes creating adventure golf and play facilities.
The grant has come from the Government’s Towns Fund which is open to towns with a proud industrial past who require investment.
The £750,000 has been granted to prepare the Majuba Road site and means the former skate park building can be demolished more quickly than was anticipated.
A major Redcar Town Fund consultation exercise was held in July and wider Redcar Town Deal plans worth £25m are being developed.
The plans are expected to include improving the town centre and our cultural and leisure offer, ensuring residents are upskilled and improving transport and connectivity.
Councillor Wayne Davies, cabinet member for economic development, said: “This is a big first step forward in what is an exciting investment plan to improve our offer to visitors.
“There is still work to do, but a high quality hotel and leisure facilities will help regenerate the whole area and would be a huge boost to Redcar.”
Darren Winter, chair of the Town Board which is helping create the Town Investment Plan for the area, said: “This accelerated funding from the Government is most welcome and allows Redcar to make an immediate impact to support a long-term plan of growth and recovery, especially amidst the current pandemic.”
Redcar MP Jacob Young said: “Along with everybody in Redcar I welcome this investment and thank the Government for this additional funding for our town.
“Not only is this great news for Coatham in particular, it will play a huge part in the improving the tourism offer of Redcar and Cleveland more widely.
“This investment is on top of the up to £25m Town Deal and is all part and parcel of our plan to rebuild Redcar and level up the whole of Teesside.”