Liverpool LEP allocates £10m of Growing Places cash

THE new Liverpool City Region Local Enterprise Partnership (LCR LEP) has announced £10m of funding for regeneration projects across the city-region.

The organisation said the money, which has come from the Government’s Growing Places Fund, will go towards projects that will help to create more than 2,000 jobs and 1,500 new homes.

The biggest allocation, £5.4m, is going to 3MG at Halton – the Mersey Multimodal Gateway logistics park which will link the West Coast Mainline directly to Mersey Ports.

Around 1,000 jobs are expected to be created at the site once the project completes.

A further £2.5m is going towards another new multi-modal business park, Pilkington Park in St Helens, where up to 1,200 new jobs and 236 new homes are planned.

Some £750,000 has also been pledged to the ongoing regeneration of homes at Norris Green, £450,000 to the first phase of the Tribeca Village scheme in Liverpool and £184,000 to an apartment scheme at Kings Dock Mill in Liverpool being built by Artisan.

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.”