With this significant pot of money, we could establish a whole collection of community-based, public owned facilities that benefit all groups within the local community, brought together under a local, community-focussed banner.
Under said banner, the potential set of state-of-the-art leisure and business facilities is highly varied. As an example, we could have a kids play area, a youth centre with a fully-equipped band practice room, a VR arcade, free town-centre wifi, a new library, a maker space, a community meeting space for the elderly, an outdoor adventure centre in west park and a whole wealth of other relatively cheap, distributed-model facilities.
These facilities could be managed by council employees and community volunteers. The project wouldn’t require private investment and would have a much broader appeal and much lower risk than building a larger-scale project. The risks associated with each facility will vary, but the net risk of the will be relatively low.
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