The key towns and core city of the Sheffield City Region are undergoing a private sector led urban renaissance. The Sheffield City Region uses its available capital funding to help unlock private sector investment including transport connectivity.
The project enables the acquisition and site assembly of Forge Island and the demolishing of the vacant Tesco store, clearing the site and enhancing its attractiveness to future developers to deliver a leisure and cultural quarter.
This project includes a contribution from the Government’s Local Growth Fund resources which is part of the Government’s continued investment in the Northern Powerhouse.
This investment is expected to deliver 46 jobs.
SCR LGF allocation: £1,500,000
Total project cost: £43,200,000
A full record of endorsements and approvals is held on file at Sheffield City Region offices.