Nicola Monk at Luton Council said: “This announcement is great news for Luton town centre.
“Improving the centre will generate further town-wide investment, as well as enhancing productivity, an inclusive economy, sustainability and greater well-being so that all our residents can thrive and no-one has to live in poverty.”
Now following this successful bid, plans will see a multi-purpose development known as The Stage introduced into the town centre.
The regeneration project will see the development of 372 new homes, additional retail and business space, an auditorium, and a cycle hub.
This is not all you can expect for Luton in 2022 and beyond. Further plans will see work in the areas surrounding the famed Hat District, Luton station, and Luton town’s football stadium.
The latter is set to see huge regeneration, with a new Luton Town Football Club stadium proposed that will seat 23,000.