More than £23m is being invested in regenerating West Croydon, three years after it was badly damaged in the 2011 riots.

Projects to improve the area are well underway and a progress report was given to members of Croydon Council’s cabinet on Monday.

Schemes include pumping £2m into London Road to improve the street, build new shop fronts, and provide new signage.

And refurbishments are being made at the West Croydon Interchange to the junction of Station Road, Poplar Walk and North End.

The West Croydon Investment Programme has already seen £1.5m spent on six projects to address social and economic issues in the area.

These include an enterprise hub, which so far has given support to 58 businesses, created 44 jobs and enabled 41 start-up businesses, and an Entrepreneurs of the Future programme, which has supported almost 100 young entrepreneurs and led to 14 start-ups or people in employment.

And a safer cleaner project that has provided a dedicated co-ordinator to work with the area’s traders.

Walkie talkies have been given to shopkeepers so they can share information about crime and safety issues and 100 ultraviolet counterfeit banknote detectors have been given to businesses free of charge.

Other major projects taking place in the area include a new Harris Academy on the former South London and Maudsley site in London Road, and the redevelopment of West Croydon bus station.

And housing developers are spending £20m on building 99 new homes at the former Bedford House site, and 37 new homes following the redevelopment of the former Half Moon pub site.

Cabinet member for economic development Councillor Toni Letts said: “West Croydon is undergoing massive transformation and is one of our major regeneration projects “This is a really positive report that shows the work being carried out and the progress made.

“We are beginning to see the results of significant public and private sector investment in West Croydon, which is great news for residents and traders in that area.”