Northern Powerhouse minister, Jake Berry unveiled nearly £4m of new investment into Grimsby as part of the next phase of its pioneering Town Deal
The additional investment confirmed will support the development of the strategic Garth Lane site and brings the total public and private investment through the Town Deal to £88m, including £21m of new investment since the launch of the Town Deal in July 2018.
The Grimsby Town Deal puts skilled jobs and education at its heart, a key part of the government’s modern Industrial Strategy for the UK, driving growth, productivity and boosting earning power across the region. The next stage of the Town Deal will also look at a programme to drive up educational attainment and enhance adult skills.
Jake Berry said: “The investment we’re making through the UK’s first Town Deal will help drive forward regeneration, create new opportunities for residents, young and old, and ensure the future for Grimsby is a bright and prosperous one.
“This regeneration strategy builds on our work across the Northern Powerhouse and is an essential part of our modern Industrial Strategy, creating jobs and training opportunities, while supporting businesses across the North and the rest of the UK.”
Cllr Philip Jackson, leader of North East Lincolnshire Council said: “These projects are the first physical elements of the Town Deal being progressed in the short-term.
“However, 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.”
Tom Shutes, of Clato Legacy Ltd, one of the private sector partners, said: “The next phase of our development plans will bring Grimsby’s heritage buildings back to life with exciting, new public uses to engage locals and visitors, the young and old; and crucially skills and training – let’s make Grimsby a centre of excellence where there are real opportunities for the future.”