Cash boost could see town realise its plans to create 8,000 new jobs

The Communities Secretary has pledged £3.5 million of Government funding to help deliver a wealth of new jobs and homes in the North East Lincolnshire town of Grimsby.

Robert Jenrick announced the funding boost – which includes £2.2 million of new investment for the next phase of the Grimsby Town Deal – during a tour of the town on Monday (2 March).

The remaining £1.3 million has been awarded to the Humber Local Enterprise Partnership.

The funding is expected to boost footfall in Grimsby Town Centre by providing a high-quality replacement pedestrian footbridge over the River Freshney. Improvements will also be made to the strategic Garth Lane site and Frederick Ward Way.

The Grimsby Town Deal could potentially deliver over 8,000 new jobs and nearly 10,000 new homes as part of the wider regeneration of the area.

Jenrick said: “The Grimsby Town Deal has already provided millions of pounds of investment to support local plans to develop Grimsby town centre and help business to create more high quality jobs. I’m pleased to announce the next phase of funding today.

“Grimsby is leading the way and we want to replicate this deal in over 100 towns that will benefit from this government’s £3.6 billion Towns Fund – which will also fund further projects in Grimsby.”

Cllr Philip Jackson, leader of North East Lincolnshire Council, added: “The Town Deal is acting as a catalyst to unlock a much wider regeneration programme for Grimsby Town Centre and the Port of Grimsby. It has the potential to realise new commercial, cultural, leisure and residential opportunities on the port and on under-used land around Alexandra Dock.

“Delivering the Town Deal will bring about major changes for North East Lincolnshire and help to deliver a brighter future for our residents and businesses.”