A £104 million funding bid could benefit Oswestry if it is successful.
Shropshire Council has applied for money from round two of the Government's Levelling Up Fund to benefit four projects across the country.
It is the second time the council has put forward the four projects in Oswestry, Shrewsbury, Craven Arms and a cross-county transport bid.
But they have since revised their submission and will now be considered for a "slice" of the £4.8bn fund.
Ed Potter, Shropshire Council’s deputy leader, and Cabinet member for economic growth, regeneration and planning, said: "I am so pleased that we have submitted these four projects for funding again following approval by Cabinet in June.
"If successful, they will help with our economic plans, boost infrastructure and benefit our communities for years to come."
In Oswestry, the key projects will create new public spaces within the town centre, support an extension to a town centre shopfront improvement grant scheme and enable infrastructure works as a catalyst to help employment development.
The town centre proposals are supported by the Future Oswestry Masterplan Vision led by the Future Oswestry group
This will happen alongside existing successful activities and schemes such as the High Street Heritage Action Zone scheme.
The project will also help provide serviced employment land that will support local companies and attract inward investment while also helping those looking to expand.
For Craven Arms, a transport bid has been made to accelerate the delivery of transport infrastructure to unlock more employment, business and housing opportunities.
Shrewsbury is also looking at a transport bid alongside public spaces development, while also looking at addressing flooding and increasing opportunities to live in the town.
The transport bid will focus on two linked projects.
Rural Connect will look at covering 18 zones across county with demand-responsive services using new minibuses, bookable from 30 minutes beforehand to two weeks in advance.
Meanwhile, Shrewsbury Connect will look at replacing old services with new ones connecting the county town, using electric buses.
If successful, the Shropshire's bids will move to more detailed proposals that will include input from partners and close engagement with residents, organisations, community groups and businesses.
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