£22million West Cheltenham Transport scheme set for go ahead
Subject to Cabinet approval, the county council will begin the search for a highways contractor to deliver £22m in transport improvements, that are vital to support the UK Cyber Business Park, West Cheltenham.
The county council is a key partner in the Cyber Business Park plan which includes 45 hectares of much-needed employment land, and focuses on new highly skilled cyber jobs.
Sustainable highways schemes play a vital part in supporting the project. The four phases of the transport scheme have an estimated total value of £22million.
£13.7million will be initially allocated by the county council to carry out phases one and two.
The funding for the scheme is coming from the Gloucestershire First Local Enterprise Partnership (GFirst LEP) Growth Deal and is subject to their approval of a full business case later this year.
Gloucestershire County Council was asked to take the scheme on from Cheltenham Borough Council following a GFirst LEP board meeting last year, thanks to the council’s proven track record of successfully delivering major transport projects.
Cllr Nigel Moor, cabinet member for environment and planning, said: “Cheltenham is a key driver for the future economic prosperity of Gloucestershire and the wider South West region. This is a serious investment into guaranteeing the prosperity of Cheltenham and our county into the future. These ambitious improvement schemes will help tackle existing congestion, reduce our transport emissions and improve facilities for sustainable transport such as cycling, buses and walking.
“Improving the infrastructure to support the Cheltenham Cyber Business Park is really important for the local economy and with cabinet approval, we can take a significant step towards delivering this much needed project.”
David Owen, Chief Executive of GFirst LEP, said: “Cheltenham is internationally recognised as the ‘cradle of cyber innovation for the UK’. Our investment of £22million is the largest of all our project investments and will fund the necessary road infrastructure to deliver this ambitious project. The cyber-tech sector is almost certainly the one with the most potential for our county and features prominently in our draft Local Industrial Strategy.”
Further information is available at http://glostext.gloucestershire.gov.uk/ieListDocuments.aspx?CId=117&MId=9231&Ver=4