In total, 34 projects have been approved with £34.3m available for the financial year 2015-16 to get schemes started quickly.
This investment will help open a wider package of investment worth £1.9bn to improve transport networks, unlock economic sites and boost skills provision across the LEP area.
A major project to receive funding from the LGF through the Growth Deal includes a growth and regeneration programme to unlock key economic sites in East Staffordshire at a value of £1.5m.
This project brings forward the development of three Brownfield land sites currently in ownership of the council. These are:
Bargates – a seven acre site at the gateway to Burton with the potential for 200 new homes,
Dove Way, Uttoxeter – a 9.6 acre site to the north of Uttoxeter town centre. An adjacent site owned by a commercial developer will benefit from new access and help create up to 56 new high quality homes,
Pennycroft Lane, Uttoxeter – a 3.5 acre site which is currently home to a county council waste and recycling centre, waste services depot and small industrial units. The investment will de-risk development by enabling the Council to offer a clean and fully-serviced site to the market.
Leader of the Council, Julian Mott commented: “The Growth Deal announced today is great news for East Staffordshire. Not only is it a boost for the local area in terms of making use of existing Brownfield Sites it can create jobs for local people”.
Chief Executive of the Council, Andy O’Brien added: “It is estimated that the project funded by the LEP will create over 700 jobs and build an additional 300 homes. The news also proves we are a valued partner in the Greater Birmingham & Solihull LEP.
“ESBC also takes the need to work with adjoining LEPs seriously and we have been working closely with officers from the County Council. So, it’s pleasing to see Stoke and Staffordshire LEP gain £6m for the Branston Interchange”.