Nottingham City Council wasn’t allocated the £20million needed to demolish the old Boardmarsh centre, but did win £18million for transport improvements in today’s spending review.
City Council Leader, Cllr David Mellen, said: “We welcome of course the £18m that Nottingham will receive thanks to our successful bid for this amount to carry out a range of transport improvements around the city.
“However, we are bitterly disappointed that our bids for the Broad Marsh and Island Quarter sites were not successful.
“These are two of the UK’s largest regeneration sites and can play a hugely significant role in Nottingham’s post-pandemic growth.
“They would seem to be obvious candidates for Government funding that aims to help level up areas which have too often been overlooked for financial support.
“We will look towards submitting fresh bids for these sites for the next round of Levelling Up funding next spring, as we firmly believe they are too important for Government to ignore.
“I would like to thank council officers who successfully secured the transport funding investment in this competitive process.
• Council misses out on £20million funding to demolish Broadmarsh shopping centre
• Budget and Spending Review – October 2021: What you need to know
“This will make a big difference in our neighbourhoods by improving roads and pavements, rolling out more electric vehicle charging points, turning our streetlights to energy-saving LED bulbs and improving active travel options around schools.”
