Header Banner – Finance
Header Banner – Finance
Header Banner – Finance
Header Banner – Finance
Header Banner – Finance
Header Banner – Finance
Header Banner – Finance
Multi-million pound major road improvements in England unlock homes and jobs this winter
Photo Credit To Dave Bloggs 007

Multi-million pound major road improvements in England unlock homes and jobs this winter

Multi-million pound major road improvements in England unlock homes and jobs this winter

Multi-million pound road upgrades announced today by Highways England will help create more than 4,300 jobs and over 1,700 homes for people in the Midlands, the South East, North West and South West of England.

The improvements, worth just over £67 million in total, will mean opportunities in Wigan, Greater Manchester, Marlow in Buckinghamshire, Newton in Nottinghamshire, Cumbria and Plymouth.

Highways England is making a £16.6 million contribution towards the schemes from its Growth and Housing Fund, alongside private sector developer contributions and other public funding making up the rest.

Jim O’Sullivan, Highways England Chief Executive, said: “Each of these improvements will ensure England’s strategic road network continues to make a valuable contribution to the prosperity of our country.

“We will continue to use our Growth and Housing Fund, working with a range of local stakeholders to unlock further development sites around the country.”

The designated £100 million fund was set up as part of the government’s £15 billion investment in roads and provides financial contributions towards the cost of road improvements needed for new developments, that that provide new jobs and much needed homes.

Transport Secretary Chris Grayling said: “Transport investment is crucial to a strong and resilient economy – that’s why we are making the biggest investment in roads in a generation, spending £23 billion across the country to improve journeys for motorists.

“These upgrades from Highways England will benefit the regions, giving a boost to businesses and better access to the jobs and homes that people want.”

The Designated Fund is part of Highways England’s award-winning “The Road to Growth” strategic economic growth plan. The Plan received national recognition from the Institute of Economic Development (IED) for having the “greatest economic impact” at their 2017 annual awards ceremony.

The five schemes announced today are:

  • A404/A4155 Westhorpe Interchange improvements, Buckinghamshire: The scheme will create the opportunity for up to 560 jobs at the Globe Business Park and enable over 22,000 sqm of vacant space that would be brought back to life and used by businesses. In total, the project will receive funding of £1.75m which is being made up of £1.18m from the Growth and Housing Fund, £500,000 private finding and an additional £63,000 provided by the Local Enterprise Partnership. Work on the scheme is expected to commence late 2018/ spring 2019.
  • M58 Wigan Link Road (Greater Manchester): This package of work is designed to improve accessibility in the area, help to reduce congestion and create smoother journeys for drivers. The scheme will also unlock the Pemberton Park development site and 250 new homes and support the delivery of a further 170 homes and 2,600 jobs at the neighbouring ‘Bell Site’. The £23.6 million package of work will be funded by £5million from the Growth and Housing Fund, a public funding contribution from Wigan Metropolitan Borough Council, £10.9 million from Greater Manchester growth deal and £3.1 million provided by private developers. The site is expected to be open to traffic during winter 2020.
  • A46 RAF Newton (Nottingham): Allocated £2.9million from the Growth and Housing Fund, a new link bridge over the A46 will be installed connecting the former RAF Newton site with critical transport links and public amenity services in central Bingham. The scheme will also receive £970,000 of private funding and will unlock the land to create up to 550 local homes and deliver substantial benefits to improve safety and conditions for vulnerable road users.
  • A590 Cross-a-moor (Cumbria): This scheme will see an upgrade of the existing junction at Cross-a-Moor, Cumbria into a four arm roundabout which will provide a number of key local development sites with direct access to the A590 trunk road. The £5.05m scheme has been allocated £3,050,000 from the Growth and Housing Fund, £2.03m in third-party match funding which will include £1.73m of private funding and a contribution from South Lakeland District Council. The scheme will also unlock 106 local homes, and three further sites with the potential to deliver 895 new homes In the future.
  • Forder Valley Link Road (Plymouth): This £37.84 million package of works includes the construction of the Forder Valley Link Road which will connect the A386 at Derriford to the A38 to the east of the city. Allocated £4,470 from the Growth and Housing Fund, the link road will form part of a range of transport interventions that will help to accommodate a number of developments and will unlock up to 651 homes, and 1,227 additional jobs. The scheme will also be funded by a private match of £6.4 million. The scheme is fully supported by both the local authority and the LEP (local enterprise partnership, with a substantial £22.55 million of other public (LEP) funding also being brought forward to enable the scheme to progress.

Highways England’s growth and housing fund has so far made contributions of over £77m to improve 21 improvements, unlocking over 38,000 new homes and more than 44,000 jobs around Swindon, Exeter, Weston Super Mare, Darlington, Scunthorpe, Grantham, Warrington, Honiton, Derby, Foxdenton (Oldham), Taunton, Durham, Daventry, Southampton, Leicestershire and Whiteley (Hampshire).

Post source : Highways England

About The Author

Anthony brings a wealth of global experience to his role as Managing Editor of Highways.Today. With an extensive career spanning several decades in the construction industry, Anthony has worked on diverse projects across continents, gaining valuable insights and expertise in highway construction, infrastructure development, and innovative engineering solutions. His international experience equips him with a unique perspective on the challenges and opportunities within the highways industry.

Related posts