Nottingham City Council has been successful in applying for a £3.4m grant to allow further demolition of the former Broad Marsh shopping centre.
The council bid for the money from the East Midlands Combined County Authority (EMCAA) which approved the award as part of a wider allocation of £9.5m to councils and organisations across the region at a meeting in Mansfield earlier (Monday 16 December).
It will come from EMCCA’s Investment Fund and the authority has worked with local partners to consider projects that invest in homes, jobs, manufacturing, clean energy creation and greener spaces.
The city council applied for up to £3.392m to carry out partial demolition of the section of the former shopping centre which is south of the old mall, from the area of the recently-opened Green Heart to Middle Hill.
It does not represent a total demolition of the remainder of the site and the next step will be for a detailed business case to be submitted in the New Year.
Councillor Neghat Khan, Leader of Nottingham City Council and Executive Member for Strategic Regeneration, Transport and Communications, said: “I’m really pleased that this funding was approved at EMCCA’s meeting today. It’s an important award and a major step forward in our ambitious plans for Broad Marsh.
“This is also an early example of the benefits of strong partnership working between the city council and the new Regional Mayor to accelerate key projects that matter to our city and bring huge benefits to local people and businesses.
“It helps us continue our progress on the Broad Marsh masterplan to transform a key part of the city centre following on from the recent opening of the Green Heart, the transformation of nearby Sussex Street, and the fantastic Central Library and children’s play area.
“This part of Nottingham is unrecognisable to even five years ago and we look forward to overseeing further development of this important location.”
Mayor of the East Midlands, Claire Ward, said: “These projects have been chosen for funding this year because their delivery will help boost the region’s economy. They will create jobs, help towards building homes, boosting local businesses and manufacturing, and produce cleaner energy.
“We want to support and enable them to continue their work and help us towards achieving our vision for an East Midlands full of opportunities, from having good jobs, quality education, and thriving local economies.
“We want to invest in vital projects, we can’t achieve the vision on our own, we need to work with partners across the region to invest in the right projects, projects that will make a real difference and this funding is just the start for the East Midlands.”
Posted on 18 December 2024
