North East Lincolnshire Council remains hopeful a new multi-screen cinema can still be built in Grimsby town centre, despite a shortfall in funding to bring the vision alive.
The cinema is seen as the main lynch pin to the planned £30million redevelopment of Top Town.
The council say such a venue will help attract more people to support the cafes, restaurants and other hospitality businesses in Grimsby’s West end area of the town.
Freshney Place and North East Lincolnshire Council had submitted a bid for £25million as a share of the Future High Streets Fund to regenerate town centres.
The Government approved £17.3milion towards the scheme on Boxing Day.
Although this now leaves the development with a significant funding shortfall, the council is determined to explore all avenues to bring a new cinema to Grimsby.
Cllr Philip Jackson, leader of North East Lincolnshire Council said a review of the plans will be held next week.
He said: “We are still looking at the possibility of a cinema.
“We consulted with a number of operators and there was some interest.
“It is an area in which we need to invest.
“Personally, I would like to see our leisure offer broadened so it will act as a stimulant to our hospitality sector and bring people in throughout the day as well as in the evenings.”
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He added: “It is still a substantial amount of money.
“It was a competitive bidding process and there were only a handful of authorities in the country who got the full amount.
“Our scheme had a total of £35million – with £25million from the Fund and £5million each from Freshney Place and the local authority. Read from source….