The Greater Birmingham & Solihull Local Enterprise Partnership has agreed an expansion to its Growth Deal with the Government which will see an extra £21.4m invested in the area between 2016 and 2021.
This is in addition to the £357.4m of funding committed by the Government on 7 July 2014. Over the lifetime of its Deal (2015-2021) the Local Enterprise Partnership estimates that up to 29,000 new jobs could be created, 7,000 new homes built and that it has the potential to generate £170m public and private investment.
This new tranche of funding will deliver:
- Future Skills Capital Programme (£8.7m) supporting additional course provision at colleges including: Employability & Enterprise, Maintaining Quality Provision, Advanced Life Sciences, delivering 3000 – 5000 skills outputs.
- Wholesale Markets (Birmingham) (£3m) Gap funding to bring forward the southern part of the site for the new markets. This will facilitate major commercial redevelopment of a prime site in the city centre Enterprise Zone.
- Universities@IBC (Birmingham) (£2.5m) Extension to the existing Faraday Wharf incubator building at the Innovation Birmingham Campus to provide an additional 445m2 of state of the art enterprise space which enables local universities to collaborate with business start-ups, creating 1800 jobs part of the Enterprise Zone.
- Lode Lane (Solihull) (£1.7m) Package of public transport, cycling and walking improvements on a major route which provides access to significant development sites including UK Central, Birmingham Airport, and JLR Lode Lane plant.
- Kidderminster Railway Station (£1.8m) Redevelopment of the station area improving interchange and increasing the catchment area.
- Kingswood Lakeside Internal Access Works (Cannock) (£0.8m) Gap funding to support remediation works, access, lighting, and drainage works for a prime employment location adjacent to the M6 Toll, creating 1300 jobs.
- Unblocking small housing sites programme phase 2 (£3m) Extension of a programme to support the acceleration of small housing sites across the LEP area through gap funding combined with facilitation through pro bono support, delivering up to 120 homes.
These are in addition to the Growth Deal announced in July 2014 which saw the Greater Birmingham & Solihull and Central Government agreeing to co-invest in the following joint 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 GBSLEP Growth Deal Expansion Brochure
Download the full Greater Birmingham & Solihull Growth Deal here.
View the press release about the announcement of the Growth Deal here.