County's Sustainable Transport Funding Will Help to Grow Gloucestershire
24th May 2012 Gloucestershire County Council today announced that with the support of its partners, it has successfully secured £5m from the Department for Transport for a programme of sustainable transport measures.
In February this year the County Council submitted a bid to the Government's Local Sustainable Transport Fund (LSTF) for a package of measures aimed at supporting economic regeneration and growth and reducing carbon emissions from travel.
The successful LSTF bid forms part of the County Council's 'Grow Gloucestershire' investment package to bring better infrastructure, skills and jobs to the county. Worth more than an estimated £100 million, the economic stimulus package includes investments in high speed broadband, better road links, skills for young people and deposits for first time buyers.
The LSTF project covers the city of Gloucester, the town of Cheltenham and the villages in between. There is a particular focus around the regeneration areas of Boots Corner and The Brewery in Cheltenham and King's Quarter in Gloucester as well as the key transport corridors within and between each urban area.
The programme includes the administrative areas of the whole of Cheltenham Borough Council and Gloucester City Council, and part of Tewkesbury Borough Council making these councils key partners in the project.
The package of measures includes some junction improvements, measures to reduce traffic speeds in central areas and the promotion of walking, cycling, car sharing, and use of public transport.
The successful bid is for funding of up to £5 million to be spent over the period 2012/13 to 2014/15. The success will also unlock a further £16m of developer contributions.
Gloucestershire County Council Leader Mark Hawthorne said: "Infrastructure funding is a really important part of our Grow Gloucestershire campaign. Improving Gloucestershire's transport will continue to encourage new employers to relocate to Gloucestershire and existing employers to stay - it's a key part of our plan to protect county jobs."
Leader of the City Council, Paul James, commented: "Kings Quarter is our number one regeneration priority and creating a transport hub around the bus and railway stations is a key component of this. The success of this bid is a major step forward and maintains the momentum behind our efforts to regenerate this important arrival point into the city."
Leader of Cheltenham Borough Council, Steve Jordan said: "This is excellent news and demonstrates a fantastic partnership effort between Gloucestershire County Council, Gloucester City Council and Cheltenham Borough Council. This is key for the next phase of the town centre development and together we can now look at developing future traffic options."
The County Council are now working to a tight deadline in order to deliver the programme of works outlined in the bid. All significant planned works will be subject to public consultation as part of the development process. If you would like to view a copy of the bid, please visit: www.gloucestershire.gov.uk/lstf
Issued by David Hughes, Gloucestershire County Council's Communications Team, 01452 425226, email@example.com