boost will see 550
a new school built in Highbridge
multi-million pound project to build 550 homes and a new school
on the outskirts of Highbridge
has been given a mammoth boost this week with £4.3m of government
64-acre Brue Farm development on the south side of Highbridge
will include a new 210-pupil school plus outdoor playing facilities
and public spaces plus the construction of up to 550 homes.
funding was announced on Monday by the Government as part of a
£36 million Local Growth Fund package for businesses and
councils across Somerset intended to stimulate new jobs and investment.
Adams, Economic Development Manager at Sedgemoor District Council,
told Burnham-On-Sea.com: "This is great news for Highbridge
- it enables this major development to go ahead, bringing new
investment into the area. The project will lead to a brand new
school, hundreds of new homes and open space being unlocked."
and Highbridge Mayor Martin Cox told Burnham-On-Sea.com: "It's
excellent that Highbridge will get a share of the funding for
this development, which will hopefully create new jobs
locally and new investment. After last week's terrible news
that Highbridge's Woodberry
and Haines has gone into administration this is welcome news."
Heart of the South West Local Enterprise Partnership (HotSW LEP)
secured £130.3m from the Governments Local Growth
Fund for the whole region. Somerset will receive £18.67m
for 2015/16, with a further £5.44m proposed for 2016/17
and £11.9m for 2020/21.
David Hall, Cabinet Member for Business, Inward Investment and
Policy at Somerset County Council and LEP Board Member for Somerset,
said: "This is fantastic news for the region and for Somerset.
Millions of pounds will be directly invested in our county over
the next two financial years leading to more jobs, a better skilled
workforce, economic growth, new housing developments, flood prevention
and improved roads and infrastructure."
money has also been set aside to fund key Somerset projects up
to 2020/21. Weve campaigned hard for these Local Growth
Funds working with The Heart of the South West Local Enterprise
Partnership and its paid off."
planning permission for the Brue Farm site, pictured below,
was granted by Sedgemoor District Council in 2012. The developers
have been waiting for funding before being able to start the huge
development project. Further developer funding will also be earmarked to the scheme.
Government announced around £200 million pounds on Monday
for businesses and councils across the West. The so-called 'growth
deals' are intended to trigger other investment in transport,
training and hi-tech industries.
the Local Growth Fund announcement was not given a thumbs-up by
Labour's Shadow Business Secretary Chuka Umunna MP, who said:
"The governments announcement falls far short of Labours
plans, with only a small fraction of the £30bn being devolved,
no decentralization of powers over skills, infrastructure and
employment and no proposals for City Regions to benefit from increased
business rates revenue."