Growing Places Fund New Bolton Woods Bradford

The LEP’s Growing Places Fund is providing two loans to enable development of the New Bolton Woods urban village, on the Canal Road corridor in Bradford, giving a major boost to plans for a thriving village centre that will include a primary school and health facilities, improved green spaces and sports pitch facilities.

The loans have improved traffic and pedestrian access to the commercial part of the village. A Costa coffee drive-thru opened in Spring 2019 and a Lidl branch opened in Spring 2020 to provide the retail heart of the urban village. A third commercial outlet will complete one side of the village, releasing development funds for later phases.

The New Bolton Woods project – which has also received Leeds City Region Growth Deal funding – will see 1,000 new homes built on under-utilised land near to Frizinghall railway station. Fifty homes have already been built, including 20 social rented homes.

About the Growing Places Fund (LEP Loans)

The Leeds City Region Enterprise Partnership (LEP) Growing Places Fund provides loan funding to kick-start stalled development or infrastructure projects that will create homes, jobs and other economic benefits in Leeds City Region. The initial £35.5m Growing Places Fund investment was provided by Government in 2012, specifically to invest in development schemes that are unable to proceed due to a lack of commercial finance.