New plan to regenerate Banbury announced
Oxfordshire County Council and Cherwell District Council have announced they are working on a plan to attract investment to support the town's development.
Plans have been announced for the regeneration of Banbury.
Oxfordshire County Council and Cherwell District Council have announced that they are working together on the Banbury Framework Masterplan. The plan builds on previous planning and public engagement work for the town, which includes the Banbury Vision 2050 project.
Both councils have begun meeting with local businesses, employers, and transport providers to get their views on what needs to be done.
The Banbury plan is intended to help with planning for future investment which will support the town's development and attract further funding to the area.
Councillor Gareth Epps, Oxfordshire County Council’s Cabinet Member for Transport, said: “This is a chance to make a huge difference to parts of Banbury at an important point in its development, with opportunities emerging across the town centre, transport network, and key development sites."
“We recognise that an ambition of this scale cannot be achieved by the councils alone. Success will depend on building strong partnerships with those who share our passion for Banbury’s future. We know that future investment is becoming increasingly competitive, and so Banbury will need a clear vision to attract partners."
“We’ve already begun discussions with representatives from business, transport, health, environmental, cultural and education sectors to help ensure future development contributes positively to the town’s character, enhances quality of life, creates jobs and lasting opportunities for residents. We will continue listening and working with local communities to help shape a regeneration programme that delivers for Banbury.”
Councillor Lesley McLean, Leader of Cherwell District Council and Portfolio Holder for Regeneration, said: “Banbury has many strengths to build on, including its businesses, heritage, transport connections and strong sense of community. This masterplan will help identify new ways to attract investment, support local enterprise, create jobs and boost the town centre."
“Creating thriving town centres and a strong local economy that benefits residents is a key priority for Cherwell District Council. By working with our partners and engaging with businesses and stakeholders, we want to ensure Banbury is well placed to make the most of future opportunities and becomes an even more attractive place to live, work and visit.”