The town has bucked the national trend after it was revealed 76 per cent of its shops survived beyond their third birthday.
The survival rate is a marked improvement from the 44 per cent recorded in 2017.
Overall, the investments have created around 1,100 full-time jobs, as well as the combination of new, existing and temporary construction jobs throughout their completion.
Coun Robert Frost, cabinet spokesperson for regeneration and culture, said: “The success of 2022 has helped drive our local economy forward, despite the struggles many are facing due to the ongoing cost-of-living crisis.
“I am proud that we have been able to invest in our town centre and continue supporting our local businesses and communities over the last few years.
“There is a real sense of pride, resilience, and positivity coursing through Barnsley right now.”