Economic Blueprint To Be Announced
Details of a plan to create and safeguard more than 1,000 jobs are emerging as part of the second phase of Redcar & Cleveland Council’s regeneration masterplan.
The multimillion pound scheme is expected to revitalise Greater Eston and East Cleveland, just as Phase One did for much of South Bank and Redcar.
Mark Hannon, the Council’s Cabinet Member for Economic Development, said that while some projects were still on the drawing board, Phase Two was very much underway:
“Construction of a Community Arts facility, within the new Laurence Jackson School site in Guisborough, will start next year and work has begun to create East Cleveland Business Park. These projects, and many others, will set the conditions for the borough’s future prosperity and are some of the most important in the council’s history.”
A report being considered by Councillors on Tuesday, identifies several possible priority projects that were determined during the Consultation, including:
*Developing East Cleveland Business Park for new leisure, retail, industrial and accommodation
*Improvements to 32 shop fronts and the public realm in Skelton
*Plans to bring void shops and key buildings back into use in the centre of Loftus
*A major adventure sports facility for Greater Eston
*Improving quality and choice of retail and community services in Greater Eston Neighbourhood centres
*Tackling housing problems in South Bank
Other potential projects include:
*Strategic marketing to encourage private investment in Saltburn's visitor accommodation
*A Grants scheme for communities to deliver projects of their own
*Rural Neighbourhood Centres for small businesses and third sector organisations
*A range of Transport improvement measures
The Council has set aside £7m for Phase Two and anticipates unlocking a further £64m in public and private sector direct match funding. However, it's hoped the scheme could generate a further £192m in investment, over the next 20 years, with the council acting as an advisor to developers and industry.
During Phase One £2.6m of Council money unlocked £104m in European Grants, Lottery funding and other sources, including the private sector. It delivered major transformational projects including South Bank Eco Village, Redcar’s Sea Defences and the Leisure and Community Heart.
Education facilities, a Health village, three major junction and gateway improvements on the A66 and an improved retail offer at Skippers Lane were also delivered.