Regional Growth Fund
What is Regional Growth Fund
The Regional Growth Fund is a grant awarded by central government to selected projects and programmes with the specific purpose of generating economic development and creating jobs.
In October 2012, after successful collaboration with Cheshire West and Chester Council, the Ellesmere Port Development Board were awarded £6m of RGF for their ‘Building on Success’ programme. This programme centred around bringing five key strategic sites forward by removing obstacles to development. The five sites are as follows;
- Former BP Castrol – New Bridge Road
- New Port – New Bridge Road
- Former Cabot Carbon – New Bridge Road
- Former Bridgewater Paper Mill – North Road
- Hooton Park – North Road
The programme has delivered a number of projects which address key themes, such as upgraded infrastructure, improved gateways and links to the local labour pool. The programme is already showing signs of success and is excelling in the required outputs.
‘Building on Success’ progress
The sites identified in the RGF bid are making progress in coming forward for development. The Former BP Castrol site on New Bridge Road is now occupied by Westland Horticulture and is currently being redeveloped. The former Bridgewater paper mill has planning permission for a port activity, it is currently being marketed as Port Cheshire which will become a crucial element of Peel Ports SuperPort network. The former Cabot Carbon site on New Bridge Road has a resolution for planing permission for a 1million sq ft distribution warehouse. Hooton Park on North Road is set to benefit from a Local Development Order and an Enterprise Zone designation. The remaining site on New Bridge Road will also benefit from the Enterprise Zone designation.