Government investment to bring thousands of new jobs and hundreds of new homes to Greater Manchester
A £54 million Government investment will be spent on major building projects across Greater Manchester.
More than 12,000 new jobs will be created and 1,000 new homes built through a £54 million Government investment in major building projects across Greater Manchester.
The money's coming from the Government’s ‘Getting Building Fund’ and will be used to support ‘shovel ready’ projects to help drive the region’s economic recovery from the COVID-19 crisis.
The projects supported are:
- Mayfield, Manchester (£23m)
- Manchester Innovation Activities Hub, Manchester (£4m)
- Completion of Kingsway Business Park Northern Loop Road (Michael Faraday Avenue), Rochdale (£3.5m)
- South Heywood Link Road Phase 1, Rochdale (£10m)
- Port Salford early infrastructure works, Salford (£6m)
- Conversion of iconic empty high street retail unit into new workspace, Stockport (£3.5m)
- Stockport Exchange Phase 4 and Clean Energy Infrastructure (£6.6m)
The schemes are predicted to create almost 12,000 direct jobs and a further 1,876 employment opportunities in construction. A total of 45 apprenticeships will follow as will the building of more than 1,000 new homes and 4.5km of roads, cycle ways and walkways supporting 29 businesses and 205,000 square metres of commercial space.
Housing Secretary Rt Hon Robert Jenrick MP said: “As we get Britain building we are also laying the foundations for a green economic recovery by investing in vital infrastructure for local communities, creating jobs and building environmentally-friendly homes with a huge £1.3 billion investment announced today.
“This Government is determined to level up all parts of the country and this funding will not only give a much needed boost to our economic recovery, it will help build the good quality, affordable homes the country needs."
Paul Dennett, Greater Manchester Combined Authority Lead for housing, homelessness and infrastructure, said: “This funding from Government is a step in the right direction for our plans in Greater Manchester to bring new jobs and homes into our city and town centres.
“It will help to provide the necessary remediation of brownfield and derelict land and buildings, providing new infrastructure and regenerating historic and important sites.
“The announcement to support our ‘shovel ready’ projects demonstrates the Government’s confidence in our ability to deliver and it will support both our economic recovery from COVID-19 and our existing plans for homes, jobs and the environment.
“The new developments will also improve the productivity of our people and businesses through investment in training, research and development and digital connectivity.”