The Growth Deals between Government and each of the 39 Local Enterprise Partnerships aim to focus on local economic priorities, driving growth and creating jobs.
Crucially, they also identify the allocation to each LEP from the Local Growth Fund – a £2bn capital pot of funding.
In the Greater Birmingham & Solihull Growth Deal, GBSLEP secured £357.4m from the Local Growth Fund to fund 34 projects.
The Deal capitalises on the opportunities that HS2 will brings to the area and also focuses on key sectors such as advanced manufacturing and life sciences.
By 2021, this Deal will deliver at least 13,000 jobs, 4,000 homes, upskill 7,633 people and generate as much as 641,258m2 of employment space.
Greater Birmingham & Solihull and Central Government have agreed to co-invest in the following jointly agreed priorities:
- Investing in growth in Greater Birmingham & Solihull, including station improvements at Snow Hill; major maintenance of the Tame Valley Viaduct; phase two of the Hoobrook Link Road to improve accessibility to the South Kidderminster Enterprise Park; a growth and regeneration programme in East Staffordshire and the mid-Cannock road/rail freight interchange.
- Maximising the benefits of HS2, including station improvements between New Street and Moor Street; extensions of the Midland Metro; a Bus Rapid Transit scheme from Birmingham City Centre to Quinton and walking and cycling improvements in Birmingham city centre.
- Enhancing growth sectors, and supporting and growing businesses including new courses to improve skills capacity in the automotive supply chain and life sciences sector; a Solihull Aviation Engineering Training Centre to develop maintenance and repair skills; the Skills Excellence Hub in Birmingham for food technology, the Centre of Excellence for Advanced Technologies at Birmingham Metropolitan College, the Advanced Manufacturing Hub and a Life Sciences Campus.
Full project list (click on the name to see a summary of the project)
|Investing in Growth in Greater Birmingham & Solihull|
|South Kidderminster Enterprise Park||£9m||£3m||532 jobs, 170 homes||Approved|
|Journey Time Reliability Improvements to Growth||£2.69m||£2.42m||198 jobs||Approved|
|Unlocking Small Housing Sites||£6m||£6m||1,300 homes||Approved|
|Road/Rail Freight Interchange||£16.75m||£1.3m||50 jobs||Approved|
|Unlocking Birmingham’s Sustainable Urban Extension||£11.11m||£5m||5000 jobs, 3000 homes||Approved|
|University Station Interchange||£3.09m||£2.59m||Approved|
|Battery Way Extension||£1.52m||£1.26m||800 jobs||Approved|
|Selly Oak New Road Phase 1b||£6.13m||£3.63m||2,700 jobs||Approved|
|A34 Corridor – Perry Barr||£6.1m||£3.5m||1,150 jobs, 300 homes||Approved|
|Iron Lane||£9.5m||£5m||1,000 homes||Approved|
|East Staffordshire Growth and Regeneration Programme||£5.7m||£1.5m||707 jobs, 306 homes||Approved|
|Snow Hill Station: Phase 1||£9.99m||£4.66m||Approved|
|Longbridge Connectivity Scheme||£8.09m||4.86m||3864 jobs 1089 homes||Approved|
|Birmingham Cycle Revolution||£8m||£6m||Approved|
|Tame Valley Viaduct||£82.01m||£72.1m||Provisional|
|A457 Dudley Road||£29.5m||£22.4m||Provisional|
|A45 Rapid Transit City-Airport||£50m||£35m||Provisional|
|Maximising the benefits of HS2|
|Hagley Road SPRINT||£12.2m||£2.5m||Approved|
|HS2: South & City College||£150k||£70,000||18 jobs, 58 skills||Approved|
|Midland Metro – to Edgbaston||£67.5m||£59.8m||Provisional|
|Midland Metro – to Eastside||£102.6m||£5.5m||Note: £35m allocated provisionally|
|Midland Metro – to Centenary Square||£42.4m||£8m||Pre-Approved|
|Making the Connections||£8m||£6.8m||Pre-Approved|
|Enhancing growth sectors, and supporting and growing businesses|
|Solihull Aviation||£2m||£830k||6 jobs, 145 skills||Approved|
|Food Technology Hub||£750k||£340k||60 jobs, 330 skills||Approved|
|Life Sciences Centre||£10m||£3.5m||209 jobs, 100 skills||Approved|
|JLR Expansion: Engineering||£1.2m||£550k||73 jobs, 370 skills||Approved|
|JLR Expansion: Automotive Training||£600k||£260k||130 skills||Approved|
|Advanced Manufacturing Hub||£10m||£2m||1,500 jobs||Approved|
|Life Sciences Campus||£171m||£5m||2,207 jobs||Approved|
|Centre of Excellence for Advanced Technologies||£51.2m||£11.2m||330 jobs, 13,000 skills||Approved|
Download the full Greater Birmingham & Solihull Growth Deal here.
View the press release about the announcement of the Growth Deal here.