A £4.4 million Transport for London funding package for Enfield includes £200,000 to plan the regeneration of Ponders End High Street, it has emerged.
The borough’s overall allocation was announced by London Mayor Boris Johnson last month, but no details were given on the Ponders End scheme, which aims to improve road safety for pedestrians and cyclists and upgrade facilities for bus users.
Enfield Council said that the 2013-14 funding would pay for plans to be drawn up and consulted upon, and that a further £1.8 million to deliver the project is expected to follow in 2014-15.
As well as the transport improvements, work via the local implementation plan aims to boost the appearance of the area to attract investment and businesses and link Queensway and the high street more effectively.
Councillor Chris Bond, Enfield’s environment lead, said the rejuvenation of Ponders End was “a major priority” for the authority.
“This money will help us improve links across the high street and make it significantly easier for people to get around the area on foot, by bus or on their bikes,” he said.
"Our investigations show that improving transport links can play a major role in improving town centres, making it easier to attract businesses and shoppers to them during a difficult economic period.
"We'll work up a detailed scheme for people to have their say."
Business and regeneration lead Councillor Del Goddard said the new funding would add to the “incredible amount of work” already going into the regeneration of Ponders End.
“We are a pro-business council and the success of this bid demonstrates we are determined to do everything we can to build and maintain strong and vibrant town centres where businesses can thrive and our residents can visit to meet all their consumer needs,” he said.
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