William Eichler 02 March 2020

Lincolnshire council ‘delighted’ by £3.5m Grimsby investment

The communities secretary today announced a multi-million pound funding boost for Grimsby town centre while on tour around the north eastern town.

Grimsby will receive over £3.5m of Government funding, including £2.2m of new investment for the next phase of its landmark Town Deal.

In addition, the Humber Local Enterprise Partnership (LEP) has awarded £1.3m, provided through the Government’s local growth fund program.

The investment brings the total commitment of public and private funding to over £90m to deliver targets of over 8,000 new jobs and nearly 10,000 new homes in Grimsby through the UK’s first Town Deal.

‘The Grimsby Town Deal has already provided millions of pounds of investment to support local plans to develop Grimsby town centre and help business to create more high quality jobs. I’m pleased to announce the next phase of funding today,’ said communities secretary Robert Jenrick.

‘Grimsby is leading the way and we want to replicate this deal in over 100 towns that will benefit from this Government’s £3.6bn Towns Fund – which will also fund further projects in Grimsby.’

Cllr Philip Jackson, leader of North East Lincolnshire Council, commented: ‘We’re delighted to have made further progress on our ambitions to deliver the Town Deal and grateful to government for working with us to help deliver these schemes and get spades on the ground. This announcement further cements the government’s belief in what we’re doing in Grimsby.

‘The Town Deal is acting as a catalyst to unlock a much wider regeneration programme for Grimsby town centre and the Port of Grimsby. It has the potential to realise new commercial, cultural, leisure and residential opportunities on the port and on under-used land around Alexandra Dock.

‘Delivering the Town Deal will bring about major changes for north east Lincolnshire and help to deliver a brighter future for our residents and businesses.’

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