Page 137 - Barrow Town Deal Board Agenda 14/4/2020
P. 137

Concept 10



    Overview                                                          Concept Strengths:

    Development of activities to support Barrow’s tourism             ▪ Good alignment with strengthening, diversifying and creating a
    offer such as a programme of events and festivals and                 more resilient economy; creating an attractive and vibrant place
    associated marketing and promotion, feasibility work to
    develop a Barrow heritage attraction, brand and identity          ▪ Strong case presented on how investing in the visitor economy
    development and Barrow Ambassadors scheme.                            will improve resilience of Barrow and regenerate the town centre

                                                                      ▪ Potential to lever additional funding for a new visitor attraction
                                                                          which could create a transformative and regenerative impact

                                                                      ▪ Good practice from elsewhere noted on how this type of
                                                                          investment can secure positive growth in visitor numbers
    Project Name               Place Development – Culture &
                               Tourism
                                                                      ▪ Inclusive growth impacts through local community benefits from
    Project Type               Urban Regeneration & Land Use              an enhanced cultural events and activity offer


    Total Cost & TIP Funding   £1m (fully funded by TIP)
    Request                    Revenue                                Concept Weaknesses:

    Location                   Barrow-wide                            ▪   Direct impacts are less clear given the type of activity to be funded
    Direct outputs             Programme of events and activity;      ▪   Feasibility needs to be proven
                               brand and identity
                                                                      ▪   Dependencies include the FHSF bid which will, if successful, provide
    Wider impacts              Lever investment in culture/leisure
                               assets; increased visitor numbers;         space for events
                               diversification of the local economy;   ▪  No match funding requirement identified but will be required to sustain
                               increased footfall and spend;              the programme
                               improved perception
   132   133   134   135   136   137   138   139   140   141   142