Transformation projects across the Sheffield City Region are set for a boost after £23 million was approved this week aimed at boosting the tourist economy, revitalising urban areas and improving transport connections.
The funding comes from the Local Growth Fund, a government-funding awarded to Local Enterprise Partnerships for projects that benefit the local area and economy.
Dan Jarvis, Mayor of Sheffield City Region (SCR), said: “This funding is transformative. It’s also a great example of the Mayoral Combined Authority and LEP driving real change for communities across the Sheffield City Region.
“By investing in developments such as these, we will create jobs, attract investment, boost our tourism offer and also continue the SCR’s strong track record in building places where people want to live, work and play.”
Minister for the Northern Powerhouse and Local Growth, Jake Berry, said: “This award of around £23 million to projects across Sheffield City Region illustrates just how valuable the Local Growth Fund programme is for local communities and businesses.
“Not only will it create and secure hundreds of local jobs, but it demonstrates the huge breadth of how the Government’s Local Growth Fund programme is unlocking local economic growth – from improving transport connectivity and growing new tourism assets, to supporting new tech firms and the revitalisation of local town centres.”
Funding by project
The largest grant announced is £7.4 million for the Glass Works development in Barnsley town centre. Funding will contribute to new retail and restaurant units, a market kitchen food court and offices, as well as the demolition of an existing multi storey car park.
The development aims to “revitalise Barnsley’s historic markets with a contemporary twist” and create “a modern town centre with traditional community beliefs”, bringing with it almost 700 new jobs.
A grant of £7.32 million has been approved for road improvements along the M1 J36 Economic Growth Corridor in Goldthorpe, to deliver 73 hectares of new employment land. Works will take place on three existing roundabouts, at Cathill, Broomhill and Wath Road, while a new roundabout will also be created off the A635.
A £2.13 million grant has also been approved for Barnsley’s Digital Media Centre, to create a Digital Media Centre 2 providing new space for digital and creative businesses.
A loan of £4.8 million has also been approved for the Parkwood Springs extreme sports development in Sheffield.
The LGF money will be used towards the site remediation, new utilities and a new access road at Parkwood Springs, while the centre itself will be paid for with private sector funding.
And a LGF loan of £3.5 million has been agreed to provide additional car parking spaces at Doncaster Sheffield Airport, enabling the expansion of the Meet & Greet car park by between 1,500–1,800 parking spaces, and a further 500–750 self-park spaces.