Telford and Wrekin Council has set aside £23m to regenerate the old boroughs in the town.
Dawley is to benefit from a £23m regeneration plan for Telford
Wellington, Newport, Dawley, Madeley and Oakengates are all in line for a share of the money under the 'Borough Towns Initiative'.
Vic Tonks, Chairman of the Telford and Wrekin People's Association, said he was delighted Dawley was included.
He said it was likely Dawley would be the last place to be regenerated, but discussions about plans were under way.
Adrian Williams, vice chairman of the association, said what Dawley really needed was a swimming pool. He said other towns had a pool, but Dawley, home of the channel swimmer, Captain Matthew Webb, had not got one.
"A swimming pool is a facility that people of all ages can use," he added.
Mr Williams said the population of the borough was increasing and unless leisure facilities were provided there would be problems in the future.
Andy Brown, the area manager for Telford and Wrekin Council's Connections for Youth team, said young people should tell the council what they wanted from the regeneration programme.
There was a youth club in Dawley, he said, but young people needed more than that.