Potential for 2,000+ New Jobs & 1,500 New Homes
More than £10m funding for a host of regeneration schemes across Liverpool City Region has been approved by the Local Enterprise Partnership (LEP).
The money has been allocated by Government as part of the national Growing Places Fund.
Local Enterprise Partnerships up and down the country have been tasked with deciding how it should be allocated in their areas to ensure best return and economic growth, in particular in numbers of jobs created or new homes built.
Details of the Liverpool City Region schemes approved are set out below. Between them the approved projects could create more than 2,500 jobs.
Liverpool City Region LEP Chair Robert Hough said: “The LEP successfully bid for this fund late last year and we have now agreed where almost £12m can best be allocated to drive economic growth. Our criteria are very clear. When these schemes are completed they must deliver immediate economic growth.”
He added: “Growing Places fund money is to address short term infrastructure constraints to pave the way for larger scale projects. Our allocations are made on this basis and in line with the LEP’s strategic goals to accelerate economic growth across Liverpool City Region.”
Full details of the Growing Places Fund can be found at:
Growing Places Fund Prospectus – Regeneration and economic growth – Department for Communities and Local Government
Ends
Note to Editors:
Growing Place Fund:
Allocations Approved by Liverpool City Region Local Enterprise Partnership:
Project
Permanent Jobs (FTE) Created / Homes Built
Growing Places Fund Allocation (£)
Kings Dock Mill, Liverpool
78 / 93 homes
184,000
3MG, Halton
1,000 jobs
5,400,000
Norris Green Village, Liverpool
1,000 homes
750,000
Tribeca Phase 1, Liverpool
75 / 390 homes
465,000
Pilkington Park, St Helens
1,200 jobs
2,500,000