London Regeneration Fund
The London Regeneration Fund (LRF) was set up to help places in London make the most of the opportunities presented by economic and demographic change and new technology, and to help secure the future of London’s mixed economy.
The LEAP established the programme using £20m of capital funding secured through its successful bid to Government in January 2015 as part of the Growth Deal for London. The fund supported small and medium sized enterprises and invested in London’s high streets – ensuring they remain great places to visit, live in and do business in.
By the end of 2017/18, LRF projects have made excellent progress with several moving closer to completion
Established in partnership with LB Brent, South Kilburn Trust (SKT), and the GLA, the Granville is a new multi-purpose workspace, community space and event space in the refurbished Granville Centre in South Kilburn.
Completed in 2017, the Granville delivered 1200m2 improved space for use by residents, community groups and local organisations, 56 new jobs - with 26 jobs safeguarded - and recurred approximately £950,000 match funding. The LEAP, through the GLA, granted £749,058 to LB Brent as part of the London Regeneration Fund.
South Kilburn is an area undergoing significant change, with the creation of 2400 new homes (1200 of them affordable) a new health centre, a new school, and new public realm – as set out in the South Kilburn Masterplan.