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Following the submission of the Final Project List in June 2021, we have up to twelve months to develop full business cases for the Margate Town Deal.   It is then only once these business cases are developed that the Town Deal funds will be received and the five year delivery phase of projects can begin. 

The Margate Town Deal Board has identified seven potential business cases.

Business Cases Town Investment Plan Intervention Project Potential Funding Allocation
Business Case 1

Potentially Fast Tracked

Intervention 1:

Scaling Creative Production and Skills

Creative Land Trust £6,000,000
Outreach programme £900,000
Business Case 2 Theatre Royal £2,000,000
Business Case 3 Intervention 2:

Coastal Wellbeing

Access Walpole to include; Refurbishment of lift and rotunda, steps, and tidal pool and surrounds £1,100,000
Testing new uses, participation and skills programme £1,200,000
Improved Coastal Environment Oval Bandstand: £500,000

Skatepark: £750,000

Business Case 4 Intervention 3:

Active Movement and Connections

Highway Interventions £5,300,000
Business Case 5 Public Realm Interventions
Business Case 6 Intervention 4:

Heritage Assets

Dreamland £4,000,000
Business Case 7 Winter Gardens  £300,000

The business cases will need to follow the Government’s Green Book Five Case Model to include a Strategic, Economic, Financial, Commercial, and Management case. 

A proportionate approach will be taken to the business cases in relation to the scale of the project.  The Margate Town Deal Board intends to work with specialist consultants and project deliverers where necessary to develop the business cases.

The business case development phase will be supported and informed by a programme of community and stakeholder engagement.  This will include continued work with the Margate Town Deal People’s Panel.

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