Combined Authority Investment Committee to consider projects worth £8.7 million
Projects to support the economy and create jobs as part of West Yorkshire’s response to COVID-19
Accelerated projects to support the economy and create jobs backed by £8.7 million of investment will be considered by the West Yorkshire Combined Authority Investment Committee in the new year.
One City Park will create new office space in the heart of Bradford city centre and support the wider regeneration of the area. The £7.5 million scheme is expected to create 300 constructions jobs and another 452 jobs once complete.
The committee will also consider the proposed £1.2m development of the Enterprise Zone at Parry Lane in Bradford, which will open up more land to meet industry demand. It is expected that the scheme will bring a further 400 jobs once completed.
The two schemes will be funded by the Getting Building Fund. West Yorkshire Combined Authority secured £52.6 million from the Government fund in September 2020 to accelerate projects in response to COVID-19, creating further prosperity and boosting the region’s overall economic recovery in the wake of the pandemic.
The Parry Lane scheme will also be partly funded from the Local Growth Fund.
The projects will be discussed at an online meeting of the West Yorkshire Combined Authority’s Investment Committee on Thursday 7 January 2021.
Denise Jeffery, Chair of the West Yorkshire Combined Authority Investment Committee and Leader of Wakefield Council, said: “Schemes such as this are so important in generating local jobs and supporting West Yorkshire’s economic recovery as we continue to navigate our way through the pandemic.
“The Combined Authority is absolutely committed to helping the region bounce back from Covid-19 and will lead the economic recovery by investing in infrastructure, supporting the creation of hundreds of new jobs and unlocking the wider potential for economic growth across our communities.”
Members will also discuss progress on schemes across the region to improve access to bus and rail, support cycling and walking and improve passenger information.