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Major investment in Widnes Waterfront
Source: Widnes Waterfront
The transformation of Widnes Waterfront into a prime business location within a stunning waterfront setting has received a £5.6 million boost from the Northwest Regional Development Agency (NWDA).
The investment will assist Halton Borough Council to deliver the Widnes Waterfront Economic Development Zone Masterplan, which aims to bring over eighty hectares derelict land back into productive use over the next six years.
The former industrial area will enjoy a new lease of life with the development of 104,000 sq metres of new commercial office and light industrial space in a dramatic waterfront setting. It will also benefit from a mix of public spaces and landscaped parkland with trees, seating areas, lighting and public art.
The economic impact of the Widnes Waterfront development will be considerable, with over 2,700 new jobs being created over the lifetime of the programme. The project is also expected to attract an additional £70 million investment, which will transform the area into a commercial and tourism development site of regional significance. The Widnes Waterfront Economic Development Zone is also being supported by the European Objective Two Programme.
Steven Broomhead, NWDA Chief Executive, said: “Widnes Waterfront has enormous potential to become a prime business location, making a significant contribution to the regional economy. The NWDA is delighted to support this development, which will act a catalyst for investment in Halton, creating a significant number of jobs in the process.” Tony McDermott, Leader of Halton Borough Council, said: “The confirmation of the NWDA funding is excellent news for the Waterfront and will help us deliver this important regeneration project. We are giving the local and regional economy a shot in the arm and will create infrastructure and jobs that will provide real change to Halton. The Waterfront project will become something of which all Haltonians can be rightly proud.”
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