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Multi-million pound cash boost to help create jobs and growth in West Lindsey!

Multi-million pound cash boost to help create jobs and growth in West Lindsey!

Date published: 10 March 2017
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Gainsborough Riverside

West Lindsey District Council has been awarded a £5.5million grant to implement its INVEST Gainsborough regeneration programme. This will support delivery of housing and economic growth.

The latest round of Local Growth Funding (also known as the Growth Deal) has been announced and West Lindsey has been allocated two lots of funding.

The Greater Lincolnshire Local Enterprise Partnership has been working closely with central Government to coordinate £29.45 million of Growth deal funding for the area.

The Gainsborough Growth Project has secured a staggering £4 million to increase the pace of housing delivery in the town.

Cllr Jeff Summers, Leader of West Lindsey District Council welcomed the news which will help ‘facilitate’ the housing growth targets set for the town.

He said: “We are delighted with the announcement and funding allocated to the Greater Lincolnshire area and specifically to West Lindsey.

“West Lindsey District Council has committed to an ambitious programme of housing growth and town centre regeneration in Gainsborough. We will build on the success of previous developments and enable the town to fulfil its potential as an attractive and thriving sub-regional centre.

“The £4 million will be used to facilitate the housing growth anticipated for Gainsborough.

“This grant along with the councils’ enabling fund ensures we can address the issues of viability. That is why the Gainsborough Growth Project is crucial to enable us to increase the pace of development in order to meet our growth objectives.”

 A further £1.5 Million has been awarded to support the Hemswell Cliff Food Enterprise Zone.

 Cllr Summers, added: “This funding will help us to support the infrastructure and services needed to accelerate the Hemswell Cliff Food Enterprise Zone (FEZ). This will become a Central Lincolnshire Food Enterprise Zone with links to the Gainsborough fishing industry and Holbeach horticultural industry.

 “Our ambition is that the FEZ will attract new agri-food commercial activity and develop a sustainable residential village, promoting a highly attractive business environment. FEZ are a great way to attract investment and to encourage closer ties between food and farming businesses to boost the domestic food and farming sector.”

 The council is currently consulting on a Local Development Order (LDO) for Hemswell Cliff. This will make the planning process simpler and easier for food and farming businesses that want to expand, in line with local priorities.

An LDO provides certainty about the types of development which are permitted within a specific area, and reducing the potential risks associated with the formal planning process, encouraging development to come forward in that area. 

The LDO complements the masterplan vision for the regeneration of Hemswell Cliff to drive forward the social, economic and environmental regeneration of the wider settlement.

Newly appointed Economic and Commercial Growth Director at the Council, Eve Fawcett – Moralee also welcomed the announcement.

She said: “There is a real opportunity to position Gainsborough for significant development and we are working hard to raise the profile of the town and what it has to offer to attract developers.

“This announcement demonstrates that our partners also believe in the work we are doing and I would like to say a big thank you to the Greater Lincolnshire Local Enterprise Partnership for their on-going support.”

 Find out more at: www.investgainsborough.com or join the conversation @InvestGainsbo

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