January 2023 edition:
Peterborough station receives £48million levelling-up funding
A total of £48million is on its way to Peterborough, following a successful Levelling Up Fund bid for the first phase of regeneration of the area around Peterborough Train Station – known as Station Quarter.
The project involves creating a new western entrance to the station with a car park – to create a double-sided station – with a new wider footbridge over the train lines. This will alleviate pressure on city centre roads, making it easier and safer to travel around the city by bicycle. Green areas with biodiversity, community spaces and better connections to the city centre will make it safer and more attractive for bikes and pedestrians.
Additional match funding to bring the total funds up to around £65million is expected to come from Peterborough City Council and other partners, enabling future private investment in commercial and residential development as a further phase of the Station Quarter programme.
Construction work on the first phase could take place between 2024 and 2026, with wider development of the Station Quarter continuing up to 2028.
Deputy Mayor of Cambridgeshire and Peterborough, Cllr Anna Smith, said: “Regenerating the Station Quarter has the power to uplift not just the city but the whole region. It’s a great addition to what we are going to be able to offer in the East of England and will make Peterborough itself greener and ever more welcoming to visitors, investors and businesses."
Cllr Wayne Fitzgerald, leader of Peterborough City Council, added: “This redevelopment of our city centre train station and the land surrounding it will cut carbon emissions and make our city easier and safer to walk around, while stimulating business and providing economic benefit to our city – both during and after construction.”
A total of 111 areas were awarded total funding of £2.1billion from the second round of the government’s Levelling Up Fund.
The Borough of Broxbourne Council also received £14million for a new skatepark, outdoor gym and sports pavilion in Broxbourne.
The successful bids announced this week follow the allocation of £1.7 billion to 105 projects from Round 1 of the Levelling Up Fund in 2021. The government has also launched an interactive map online so people can see which projects in their area are receiving Levelling Up Fund investment.
Other news from our Local Authority partners:
- Buckinghamshire Council secures £397k in government funding to support active travel in the county - Buckinghamshire Council
- Exciting Plans for Midland Road Shared - Bedford Borough Council
- Bus services in Central Bedfordshire to benefit from £3.7 million funding - Central Bedfordshire Council
- Combined Authority wins Government funding for cycling and walking plans - Cambridgeshire & Peterborough Combined Authority
- A herd of ZEBRAs heads for Cambridge - Cambridgeshire & Peterborough Combined Authority
- Ayot Greenway geared up for active travel - Hertfordshire County Council
- Work underway to make streets safer for women and girls in MK - Milton Keynes City Council
- Wellingborough town centre highways improvements to start soon - North Northamptonshire Council
- Cabinet approves £4.56m funding package to accelerate plans to reopen Cowley Branch Line to passengers- Oxford City Council
- Investing in Northampton car parks - West Northamptonshire Council
- Innovative Peterborough energy scheme set to receive nearly £15million of Government funding - Peterborough City Council