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, nursery and health facilities, improved green spaces and sports pitch facilities.

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. An anchor supermarket and drive through hot food and drink outlet are under construction and 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.

Project Lead

Canal Road Urban Village Ltd (CRUVL)

District/ Area

Bradford

Business case summary

 Link here

Funding

Growing Places Fund- £248,000 and £340,000

Project Status

Activity 6: Delivery

Start and end dates

2018-2023

Delivery partners

Canal Road Urban Village Ltd (CRUVL)

Other funders

CRUVL

Get in touch (contact information)

lcr@leedscityregion.gov.uk