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8973 6059 896,766M2 Background Growth Deals provide funds to Local Enterprise Partnerships for projects that benefit the local area and economy. To date, the Greater Lincolnshire LEP has been awarded £146.2 million of future capital investment to support the growth of the local economy through the Growth Deal process. This allocation includes £82.3 million of additional funding that has been secured through a competitive bidding process to deliver 17 new projects across the LEP area. It also includes a number of existing funding commitments from Government through the Department for Transport (£50m for Lincoln Eastern By Pass), Local Transport Board (£11.9m towards Grantham Southern Relief Road) and Regional Growth Fund (£2m). Delivery of the new projects will be phased throughout the Growth Deal period (2014 to 2021) and each project is required to undertake further due diligence work with the LEP prior to formal contracting and start on site. Headline Summary TOTAL INVESTMENT 8973 £336.5m JOBS CREATED OR Growth Deal SAFEGUARDED Funding (£146.2m) 896,766m2 Investment 6059 Leveraged NEW COMMERCIAL (£190.3m) FLOORSPACE NEW HOMES 4587 NEW LEARNERS SUPPORTED New projects funded through the Growth Deal Lincolnshire Lakes Blue and Green Infrastructure - first phase works Boole Technology Centre – a new Innovation Centre on the Lincoln on the Lincolnshire Lakes scheme creating a lake, sustainable drainage Science Park providing specialist laboratory, workshop and office system and green infrastructure to unlock new housing development. space for high growth SMEs in advanced engineering and Scunthorpe Town Centre - road infrastructure and highway manufacturing. improvements to enable the redevelopment of the Church Square Unlocking Rural Housing Programme – a LEP wide programme to area of the Town Centre and beyond for new investment. enable new housing and tackle the twin challenges of delivering Berkeley Circle Highway Improvement, Scunthorpe – a key junction rural housing in this area of low land values and flood risk. improvement to reduce congestion in Scunthorpe and enable the Skegness Countryside Business Park – a new serviced employment development of planned housing, commercial and leisure investments. park to accommodate businesses serving the Tourism industry and South Humber Industrial Infrastructure Programme (SHIIP) – strategic a four leg roundabout to reduce congestion in the town centre. intervention to unlock a major programme of investment on the South Go Skegness - sustainable transport projects including junction and Deal Growth Lincolnshire Greater Humber Estuary by removing environmental constraints and improving pinch point enhancements, new pedestriansand cyclist facilities , a access between the Ports of Grimsby and Immingham. seasonal park and ride site; and real time passenger information. Access to Employment Zones , Grimsby – junction improvements on Boston Quadrant – a mixed use development that will enable the A16 (Toll Bar) and A46 (Nuns Corner) routes to and from Grimsby, housing and employment land to be developed and deliver a new enabling the development of new housing and employment sites. distributor road to reduce congestion in the town centre. Bishop Burton College - a new land-based campus on the Lincolnshire Grantham Southern Relief Road – a relief road, bridge and Showground to increase skills levels in the agri-food sector by up- connections that will enable housing and employment land to be skilling the workforce, supporting small businesses, and strengthening developed and reduce traffic congestion in the town centre. the link between local food and tourism. Grantham College – a new build facility to deliver business, Lincoln Central Transport Hub – a new bus station, pedestrian computing and technology curriculum and enterprise skills to footbridge and car park, integrated with the train station and support growth of the local engineering sector . connecting to the Science and Innovation Park, improving transport Peppermint Interchange - road infrastructure and highway linkages across the city and beyond to attract new investment. improvements to unlock employment land and new housing Lincoln Tentercroft East-West Growth Corridor – mixed use development at Holbeach. development that will enhance public transport links, improve Agri Food Centre of Excellence – anew facility at the University of pedestrian flows and enable the development of new housing and Lincoln’s Holbeach campus to help Food Manufacturing businesses employment sites. access specialist research, innovation and higher level skills. 1 2 3 4 5 6 7 8 9 10 11 12 13 11 14 15 16 17 18 Greater Lincolnshire Growth Deal Growth Lincolnshire Greater Housing & Employment Site Infrastructure Transport Infrastructure Skills Infrastructure 1 Lincolnshire Lakes Blue and Green Infrastructure 7 Lincoln Transport Hub 13 Go Skegness 2 Scunthorpe Town Centre 8 Lincoln East-West Tentercroft Street 14 Boston Quadrant 3 Berkeley Circle Highways Improvement 9 Boole Technology Centre 15 Grantham Southern Relief Road 4 South Humber Industrial Infrastructure Programme 10 Lincoln Eastern By-Pass 16 Grantham College 5 Junction Enhancements, Grimsby (A16 and A46) 11 Unlocking Rural Housing Programme 17 Peppermint Interchange 6 Bishop Burton College 12 Skegness Countryside Business Park 18 Agri-Food Centre of Excellence .
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