A Croydon Regeneration investment is set to bring new jobs and fill empty shops amongst other benefits to the town.

A new plan called “Unlocking Croydon’s Potential” was approved on September 25 and it sets out the plans to overcome the challenges Croydon is facing.

The plan shows how they will work with different groups to improve the town and create economic opportunities for everyone over the next three years.

The council will work with businesses and residents to develop a new sustainable plan to regenerate the town centre and revive the high streets.

The benefits to the borough will create new jobs, fill empty shops, make investment work harder for residents and businesses, and attract exciting new businesses into the borough.

Other benefits for residents will be enhanced community spaces as well as cultural and social venues, improved skills and training, increased safety and security, and a culture of enterprise created by attracting new businesses.

The council will continue to work with key partners, including Develop Croydon, the South London Partnership, Opportunity London, London Partners, Croydon’s Business Improvement Districts, and education providers, such as London South Bank University, which has a Croydon campus.

Executive Mayor of Croydon, Jason Perry, said: “This new investment plan reinforces our ongoing efforts to make Croydon a place of opportunity for business, earning and learning.

“We look forward to the benefits of working in a new public and private sector partnership to drive new investment for our borough.

“This will provide opportunities for all our residents and visitors.

“It also reinforces our commitment to work with colleagues across departments and partner organisations to bring in maximum funds to our borough.

“It will help us to foster long-term growth and financial success, as well as more opportunities for our residents and visitors.

“The new investment plan also reinforces our commitment to working with colleagues across departments and partner organisations to bring in maximum funds to our borough.

“It will help us to foster long-term growth and financial success, as well as generate more opportunities for our residents.

“We also look forward to working with developers and educational organisations, such as our university and local businesses, to provide a steady stream of skilled employees to fill exciting new roles.

“A key focus will be to boost the regeneration of the town centre given its vital role in our borough.

"The new investment plan will be a key strategy as we work to make Croydon, once again, the thriving economic centre of South London."