Whitefriargate is to receive up to £1.75m as part of a £95m nationwide funding pot from Historic England.
Councillor Daren Hale, portfolio holder for regeneration and economic investment, said: “Whitefriargate is a vital part of Hull’s city centre and the council has been proactively looking at ways to regenerate the area. I’m delighted that we have secured yet more funding for the street, this time through Historic England. It’s an incredibly exciting time for Whitefriargate.”
The investment builds on the successful Heritage Action Zones programme and will turn empty and underused buildings into creative spaces, offices, retail outlets and housing.
This investment for the historic city centre street follows the £1m that was secured earlier this summer from the Humber LEP’s High Street Challenge Fund.
Culture secretary Nicky Morgan said: “Our nation’s heritage is one of our great calling cards to the world, attracting millions of visitors to beautiful historic buildings that sit at the heart of our communities.
“It is right that we ensure these buildings are preserved for future generations but it is important that we make them work for the modern world.”
69 high streets in England will be revitalised by the £95 million cash injection as part of the nationwide scheme.
Historic England’s chief executive, Duncan Wilson said: “Our high streets are the beating hearts of our communities. Many have roots that go back hundreds of years. Their historic buildings and distinctive character tell the story of how our towns and cities have changed over time.
“Through physical improvements and cultural activities, we will work with partners to find new ways to regenerate our high streets.”
Whitefriargate is also one of the initial 50 shortlisted targets for the Government’s Future High Street Fund, which could secure up to a further £22m investment for the historic street. After being shortlisted this summer, the council has been given grant funding to develop detailed plans.