Local Growth Fund Business Case – Unlocking Winsford Industrial Estate Expansion Land
The Local Growth Fund is awarded on a competitive basis and as such the LEP has to ensure that it is presenting a compelling case to Government and that the projects it submits show a clear rationale and well defined benefits. Further guidance on the Local Growth Fund is available here.
30ha of new employment land has been identified at the northern end of Winsford 1-5 Industrial Estate. This land has been designated for employment uses within the adopted Neighbourhood Plan and is owned by Cheshire West and Chester Council. The proposals within this bid identify a highways access scheme consisting of a new highway alignment, upgrading of the local road network, a new entrance to the industrial estate and other necessary enabling works to unlock the clear development opportunity this land presents. The new employment land is split over two sites either side of Road 1. The new access will open up both sides providing a modern gateway to new development whilst also having a massive benefit to the existing industrial estate.
The sites, located to the east of Winsford offer an opportunity to develop a scheme that not only supports local businesses growth but will also make a significant contribution to broader strategic concepts of the Northern Gateway Development Zone and the overall Cheshire and Warrington Devolution agenda.
The proposals identified in this bid set up the area for continued growth not only in the next 5 years but also over the next 15 years and beyond. Winsford Industrial Estate is extremely well positioned to capture the direct benefits from improved links to the M6 motorway network via the proposed Middlewich Bypass scheme. Its economy is already influenced by its proximity to the motorway network, as well as good A roads linking to Chester, North Wales and Merseyside, making it a popular location for businesses to flourish.
A total investment of £5,000,000 will enable £90m of private sector investment and create circa 2000 jobs.