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Prospectus for Growth Leicestershire

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Prospectus for Growth Leicestershire Prospectus for Growth Leicestershire February 2019 Contents 2 Contents 24 Supporting growth in Leicestershire 3 Introduction 26 Coalville Transport Strategy 4 Transport achievements A511/A50 Growth Corridor 28 Desford Crossroads (A47/B582) Succesful delivery of projects Supporting South West Leicestershire Growth 7 National 30 Hinckley - phase 4 Town centre improvements Projects that support the UK’s 32 A46 Anstey Lane growth and economy Unlocking growth and improving County to City movements 8 HS2 34 Loughborough High Speed Rail M1 Junction 23 and A512 improvements 10 Major Road Network (MRN) 36 Loughborough Transport Strategy Creating a new national road network Including key junctions 38 M1 junction 20a 12 The Midlands Leicestershire 40 Market Harborough Regional projects supporting Transport Strategy (2017–31) growth in Leicestershire 42 Melton Mowbray Transport Strategy A key centre for regeneration and growth 14 A46 Priority Growth Corridor 44 South East Leicestershire Transport Upgrade including Leicester southern Strategy Area (SELTSA) and eastern bypass 16 A5 Improvement Corridor Staffordshire to Northamptonshire 46 Looking towards 2050 18 A42 Expressway Planning for our future generations Improving the East-West corridor 20 Coventry to Leicester Rail Services Reinstating the rail link between these major cities 22 Midlands Rail Hub Improving rail travel between the east and west Midlands 2 | Prospectus for Growth February 2019 Introduction It is important for all of us that the economy of Leicester and Leicestershire continues to grow and that we provide enough housing and jobs to meet the needs of future generations. A strong and vibrant Leicester and Leicestershire have the ability to be a significant boost to the Midlands and to positively contribute to the national economy. The government’s Industrial investment in Leicestershire’s Strategy and Housing White transport system, with bids Paper recognise the importance submitted or being developed of ensuring that the right to secure a similar amount in infrastructure is in the right place coming years. to unlock growth. This includes transport infrastructure. The current transport capital programme, which is valued at Local authorities in the area, £160 million, is Leicestershire along with the Leicester and County Council’s largest Leicestershire Enterprise programme in many years. The Partnership, are proactively Melton Mowbray Distributor road planning to meet future housing is costing over £60m and will Nick Rushton, Leader, and job needs, through the unlock development opportunity Leicestershire County Council. recently approved Strategic in the county and encourage Growth Plan (the SGP). The close growth. In addition, the council To meet the needs of working relationship and mutual is continuing to improve the present and future support between Leicestershire area of Hinckley with a package generations we will County Council, Leicester City of schemes costing £5m. The Council, district councils and council also has a programme build on the council’s other key partners facilitate the costing £27m to improve achievements to date, delivery of schemes that benefit Junction 23 on the M1 and the continuing to work with growth. A512, to help unlock housing our national, regional and development and reduce the local partners to secure This refreshed Prospectus for impact of traffic. transport infrastructure Growth (PfG) provides updated improvements that enable information on national, regional The projects outlined in this the delivery of housing and local transport projects that document are at various and jobs. are vital to support our growth stages − some have secured ambitions. Since 2017, the funding, while others are county council has achieved waiting for appropriate funding substantial progress in taking opportunities. Future refreshes forward projects to enable of our PfG will provide updated growth. This includes having information on projects. secured over £100m worth of Note: The data (housing, jobs etc) provided in of infrastructure schemes and business the Prospectus for Growth comes from case development. It is provided to give a a variety of sources, as referenced for general indication of likely benefits. specific projects. This includes District / Borough Council prepared Local Plans; It should be noted that data is from a planning applications; government specific point in time. Data may also have and key organisation documents (e.g. been rounded up/down for ease of reading Midlands Connect); Strategic Growth Plan; and could be subject to change after local authority websites and internal work publication of the Prospects. associated with the development 3 Transport achievements Successful delivery of projects The county council has a strong track record of successfully bidding for external funding. Since 2014, over £120m has been secured to invest in supporting growth and improve the county’s transport infrastructure. Completed schemes Leicester North West Phase 1 the £66.7m developer funded Lubbesthorpe Strategic A joint Leicester City Council and package of transport improvements Employment Site (SES) Leicestershire County Council are now complete, including Construction of a £4m site access scheme provided a £10m package improvements at M1 junctions 24 and improvement to existing of junction improvements on the and 24a and Kegworth Bypass. junction in 2017. 2,500 jobs are A50/A511 corridor, supporting supported by this infrastructure. housing growth along the corridor, Hinckley – Phases 1, 2 and 3 including in Coalville. Phases one and two of the Lubbesthorpe Sustainable Urban Hinckley Area project totalled Extension (SUE) Phase 2 of this project is now on £5.6m. The third phase, totalling Delivery of a £15m new bridge site and includes works that are £2m, was completed in spring over the M1 (the M1 Bridge to wholly within Leicester City. 2017, to provide walking, and Growth), unlocking the New cycling improvements to support Lubbesthorpe development and Ashby, A511/Discovery Way and the town’s growth. providing access to the Sustainable A511/Nottingham Road (Tesco Urban Extension (SUE) and up to roundabout): Leicester Forest East, Ratby Lane 4,500 houses. A £2.3m scheme to reduce and Wembley Road congestion and improve road In 2017/18, a £0.6m NPIF M1 J22 and A42 J13 conditions near Ashby, supporting scheme introduced improvements £9m capacity improvements at the delivery of new homes in the to the signal junction at Ratby M1 J22 were delivered in 2017, town. The work was part-funded Lane/Wembley Road, Leicester unlocking growth in and around by the government’s National Forest East, improving traffic Coalville. A package of measures at Productivity Investment Fund conditions for existing businesses A42 J13 also supported growth in (NPIF). in the area. Coalville and Ashby de la Zouch. East Midlands Gateway Strategic Rail Freight Interchange (SRFI) The most significant elements of 4 | Prospectus for Growth February 2019 Schemes in development A46 / A5630 Anstey Lane By easing congestion at the M1 Scheme Framework 2 (MSF2). The detailed design of £7.8m junction 23 and along the A512, The MHA is a partnership of improvements to ease congestion it will support delivery of the 21 local authorities that works and mitigate the effects of the West of Loughborough housing together to improve performance, Ashton Green housing development development. The scheme is due share best practice and make started in 2017/18. The works are on site in Summer 2019, with efficiency savings in the delivery planned to start in May 2019. completion late 2020. of highways, public realm and infrastructure schemes. The MSF2 Castle Donington Relief Road Melton Mowbray Distributor Road is a framework operated by the Work started on the £12m - northern and eastern sections MHA with a number of contractors, Castle Donington Relief Road in In May 2018, the county which allows Leicestershire and the 2018/19. This road, which is due council was awarded £49.5m other MHA authorities to effectively to be completed in Autumn 2019, of government funding towards procure and deliver medium sized is being delivered by developers. It a distributor road for Melton highway projects. unlocks around 900 new houses. Mowbray, total cost £63.5m. Dr Sonny Tolofari, a transport Coalville, Snibston The road is key to delivering modelling specialist with the Redevelopment Link, cycle housing growth in the town, council, was awarded the facilities: including the proposed 1,700 Master of Modelling Life Time Achievement award by Modelling A £0.35m NPIF scheme supports home Melton North Sustainable World, which is the UK & Europe’s a cycle link to Snibston Country Neighbourhood. longest running, best-attended Park, supporting the town’s and biggest annual exhibition economy and growth. and conference for transport and Transport Awards (2018) pedestrian modelling professionals. Hinckley – Phase 4 The council won the East Midlands The award recognised an individual In October 2017, the county Merit Award for team achievement who excelled in driving change, council was successful in securing from the East Midlands Institute challenged thinking and had done of Civil Engineers. This was for £3.5m from the government’s the most for ‘moving modelling on’ its work on the Lubbesthorpe NPIF for a further package of during their career. This is a major Development Strategic Employment transport measures for Hinckley, accolade for the individual, as well Site infrastructure project. The valued at £5m. This
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