The submission of a Summary Document to Government for the proposed Galaxy Row redevelopment project, part of the Long Eaton Town Deal, looks set to be approved by Erewash Borough Council.
On December 13 Council Executive will consider the project summary to claim the remainder of the £3.5m Towns Fund grant funding from the government that is needed for the project.
The aim of the project is to remove the eye sore of the former derelict Galaxy cinema on Derby Road and replace it with a new development made up of commercial and residential units, including a courtyard/car park, that enhance the town centre. This would be part of a larger development which includes the former cinema, a tyre depot, adjacent shop fitter’s store and former Stage 1 bar and nightclub. Galaxy Row is one of six projects that form the town deal. The development would create new jobs and benefit the town centre economy.
If funding is secured it will be necessary for the council to use compulsory purchase powers to acquire the buildings in order for the development to proceed.
Richard Ledger, chair of the Long Eaton Town Deal Board, says:
“The submission of the summary document to secure Government funding will be a big step forward for this exciting project, which is central to the Long Eaton Town Deal. With this funding in place the plans for Galaxy Row can really start to gain pace and we look forward to sharing further news of town centre regeneration with residents.”
In July 2021 Council Executive approved heads of terms with government to deliver the projects in the investment plan using £24.8 million of town deal funding. The other projects are:
More information about the town deal can be found at longeatontowndeal.org.