Growing Places Fund Knottingley Wakefield Industrial Development

A £4.5 million Growing Places Fund loan from the LEP is helping to remediate a former chemical works site near Wakefield into an innovative energy centre that will supply 1.5 million homes with power.

A £2.45 million Growing Places Fund loan from the LEP is helping to remediate a former chemical works site near Wakefield into an innovative energy centre that will supply 1.5 million homes with power.

Led by St Pauls Developments Ltd, the project in Knottingley will see 45 acres of land regenerated into a gas-fuelled energy centre with wider residential development and some commercial space.

The power company are set to buy the majority of the remediated land in Summer 2018 and will build a state of the art energy facility that will provide employment.  A new area of waterside access will be opened up by a footpath adjacent and a newt habitat has been created for the thriving newt population relocated from the site.

On a second phase of the site 312 homes will be delivered. 

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.

Project Lead

St Pauls Developments Ltd

District/ Area

Wakefield

Business case summary

 

Funding

Growing Places Fund- £2.45 million

Project Status

Activity 6: Delivery

Start and end dates

2013-2019

Delivery partners

West Yorkshire Combined Authority

Other funders

St Pauls Development

Get in touch (contact information)

lcr@leedscityregion.gov.uk