The government has also announced the first 70 councils who will benefit from the High Streets Task Force.
Regeneration Archives - Page 2 of 138 - NewStart
The deal includes £20m for an exciting redevelopment of Carlisle Station (pictured) and the surrounding area, to act as a gateway to the region.
‘These two new developments represent a combined investment of about £350m and create over 1,000 jobs during construction. '
The scheme is expected to create 300 construction jobs and another 452 jobs when complete.
‘A devolution revolution which would enable Oxford to deliver good and sustainable long-term growth has the potential to spearhead regional and national growth.'
The deal between the WMCA and property developer St. Modwen, means the land can now be cleaned up, essential infrastructure provided.
According to the council, the area is the ideal location for the first ever deployment of Smart Place systems.
‘The full extent will be revealed in the coming months as many of the CVAs and administrations in the early part of 2021 still haven’t been captured.'
The 18.5-acre park will deliver up to 270,000 sq ft of high-quality employment space, including offices, R&D facilities and an enterprise hub
The taskforce brings together leading property experts across the public and private sectors to explore how public land could be used to provide greater benefit to local communities and the wider region.