Quay project gets funding boost

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A DEVELOPMENT to build shops, offices, homes and leisure facilities at St George’s Quay in Lancaster has been given a funding boost.

The development at Luneside East will receive £4m from the Growing Places Fund which will enable land remediation to take place, preparing the site for building to begin.

Lancashire has been allocated £13m from the Growing Places Fund.

The fund is designed to make economic development schemes happen by tackling immediate infrastructure and site constraints to unlock jobs, development and housing growth.

Money invested will be paid back in order to create a sustainable fund for investment in future schemes.

A further £5.75m has been identified for three Priority Two schemes, which could access the funding in 2012/13, subject to providing further details.

These schemes include £3m for Lancaster Science Park, to improve highways access and infrastructure.

See The Visitor (28-02-12) for full story.