Stoke-on-Trent City Council are set to announce how it plans to use the £56 million worth of funding that it has secured to ‘level up’ the city.
As part of the government’s Levelling Up White Paper, funding will be available for areas around the country t receive the funding that they need to pursue much-needed developments in order to tackle regional inequalities as well as offering new opportunities to residents and businesses. As one of the UK Government’s flagship schemes, the emphasis being placed on areas where local councils may have previously been unable to revamp their community is high and has, so far, meant that areas such as Blackpool and Knowsley are able to apply for the funding, they need to tackle depravity in their communities.
The city council have also previously had plans approved for another key development in their Levelling Up plans approved as they look to turn a prominent industrial site into a new neighbourhood. Speaking at the time, Councillor Abi Brown who is Leader of the Stoke on Trent City Council, spoke about their Levelling Up projects:
“We’re committed to fully delivering our three Levelling Up projects, building on our heritage, and supporting a growing economy that’s delivering new jobs and homes right across Stoke-on-Trent. We have a clear plan that is fuelling economic development and transforming major sites right across the city, and this is another tangible sign that Stoke continues to be on the up.”
Developments that are included in the project are 285 new homes, a three-star hotel and the creation of Etruscan Square that includes a 3,600-seat arena. Not only will these developments aim to improve the standard of living for residents of the city and the local area, but also drive the creation of jobs provide an economic boost for the city.