Future High Streets Fund: Sheffield

Sheffield City Council has been successful in its bid for £15.8m of funding as part of the Government’s Future High Streets Fund, which will be used to rejuvenate Sheffield’s high street as part of the continuing transformation of the city centre.

The new funding will be focussed on reinventing Fargate and High Street as social hubs in the city, with plans to create a new multi-use space ‘Event Central’, which will be used to host events and exhibitions, as well as offering co-working space and a café. Under the funding requirements, the plans must be delivered by March 2024.

The scheme will also see current redundant space repurposed and refreshed with climate-resilient greenery and seating areas, alongside new lighting to deter crime and make the space more attractive to visitors.

For more information on the proposals for the funding, you can download Sheffield's Future High Streets Bid Document here:
A Future High Street Built Around People 

Sheffield's Future High Streets Fund bid complements the Council's Connecting Sheffield scheme, which will transform the city's travel infrastructure by creating high-quality, safe and convenient walking, cycling and public transport routes into and around the city.

On being awarded the funding, Councillor Bob Johnson, Leader of Sheffield City Council, said:

“This scheme provides hope for the future and will assist in the recovery of our local economy in the long term. It reflects the confidence instilled in Sheffield’s potential and our place as one of the UK’s leading cities and destination for investment.

“We are really pleased that Government has recognised the significance of our bid and awarded us the full amount of requested funding. This will mean continued investment and regeneration in Sheffield for the benefit of all our residents and visitors.

“The traditional high street is changing across the country, and it’s important that we adapt to the changing needs of our residents and visitors and develop space and infrastructure that offers opportunities for a diverse mix of leisure, entertainment and retail.

“Our ambition is to create a future-proof city centre, where people can live, work and spend quality time with friends and family in a safe and pleasing environment. To help us achieve this, our Future High Streets Fund proposals focus on adapting the underused upper levels of buildings on Fargate and High Street to become much-needed homes and workspaces, as well as improving our city centre spaces so that they are better placed to host quality events and in turn support our local hospitality, retail and leisure businesses.”


The Future High Street Fund (FHSF) was launched by the Ministry for Housing, Communities and Local Government (MHCLG) in December 2018. It was set up as a £675m fund, that later was increased to £1bn to reinvigorate struggling high streets and town centres. The fund aims to renew and reshape town centres and high streets in a way that improves experience, drives growth and ensures future sustainability.

MHCLG have stated that the strategic objective of FHSF ‘is designed to renew and reshape town centres and high streets in a way that improves experience, drives growth and ensures future sustainability. Proposed projects should fall within the following themes:

  • Investment in physical infrastructure
  • Acquisition and assembly of land, including to support new housing, workspaces and public realm
  • Improvements to transport access, traffic flow and circulation in the area
  • Supporting change of use including (where appropriate) housing delivery and densification
  • Supporting adaptation of the high street in response to changing technology

Now that the Government has confirmed the successful outcome of Sheffield's funding bid, the details of developments will now be subject to a Cabinet decision, as is Sheffield City Council's standard procedure for this type of city development.

We'll update this page with the most recent developments as soon as information becomes available, but the latest announcements will also be made via Sheffield City Council and Marketing Sheffield's social media channels.

We'd like to say a massive thank you to all the stakeholders involved in Sheffield’s Future High Street Bid, especially the University of Sheffield whose backing of the scheme was instrumental to its success, with a number of their key academics providing expertise and research.