Senior councillors approved the comprehensive investment framework during a cabinet meeting at County Hall this morning. The strategic plan focuses on protecting the heritage of the historic Market Place while modernising public spaces to boost retail and pedestrian footfall.
Key projects within the masterplan include upgrading street lighting, installing high-efficiency public wifi hubs, repaving pedestrian access routes near the Castle, and creating flexible outdoor spaces for artisan markets.
Local business leaders in Richmond have welcomed the approval, noting that dedicated capital funding will help high-street traders adapt to shifting consumer habits and compete with out-of-town shopping hubs.