The Spot is a well-known space adjacent to Derbion shopping centre located at the southern end of St Peters Street. It was once characterised by public toilets and a clock tower.
Once a thriving traditional ‘high street’, it experienced a downturn during the global financial crisis of the 2000’s. There was a decline in the number of shops and shoppers which then had a knock-on effect on the immediate surroundings ranging from the cleanliness of the area to the quality of the buildings.
The concept to modernise The Spot dates back to 2012 when a public consultation called for The Spot to be made a priority area for regeneration in order to contribute to a retail, social and entertainment revival of the area.
The project was backed by businesses in St Peter’s quarter area which asked the Council to prioritise this area for regeneration.
More than half of the funding from the £1.26m scheme was provided by D2N2 LEP, with up to £750,000 being allocated from the Local Growth Fund.