A BID for £1 million funding submitted by Scarborough Council to develop an arts and cultural trail for Glen and Crescent Gardens in Filey has been turned down.
The application had been made to the Commission for Architecture and the Built Environment (CABE) under Wave 2 of the Sea Change programme, which relies on match-funding of at least 50 per cent of the value of the grant.
In a report to Scarborough Council's cabinet, Pauline Elliott, head of regeneration and planning, said the number and value of applications received for the programme meant "significant competition".
She added: "Feedback from CABE suggested that the arts and cultural element of the Filey project was still in the early stages of development. Given the large number of applications that had been received for the Wave funding, other projects may have been at a further stage of development at the time of submission."
The high-profile development in Filey, which would run from the seafront through the gardens, could have been a catalyst for the wider generation of the area.
The masterplan included three key elements:
Improving the connections between the seafront gardens and the town
Development of a cultural and arts trail
Creation of new visitor facilities within Glen Gardens including the potential future development of Filey Discovery Centre as a flagship visitor attraction for the town
Filey councillor Mike Cockerill spoke of his disappointment the town's bid had not succeeded.
He said: "A tremendous amount of work has been put into the project by borough officers and members of local groups. The fact they have rejected half of all the applications is understandable as the fund was oversubscribed.
"However, it is disappointing to hear the assessors did not feel the project was as developed as other potential projects.
"Apart from the firming up of some details, I considered the bid was as far forward as practical."