Infrastructure funding boost for Warrington
The Homes and Communities Agency (HCA) has announced the provision of a new £3 million funding boost for the delivery of key infrastructure and employment benefits for Warrington, Cheshire.Focusing on the Omega North facility, the money will be used as part of the first phase of expansion for the 575-acre site, delivering the first 500 of an estimated 1,500 new employment opportunities in the area.Work at the development is expected to be completed in late 2013, with construction efforts including a 50,000 sq ft logistics hub and several manufacturing centres.Christine Gaskell, chair of the Cheshire and Warrington local enterprise partnership (LEP), said: "We are delighted about the Omega North announcement and that the Growing Places Fund can support a project that is so important to the long term economic growth of Warrington and the north-west. "This positive news really is testament to the strength of the partnership created in Warrington between the borough council, the LEP, the HCA and Omega Warrington."Once completed, the scheme is expected to attract upwards of £600 million of external investment to the area, with Hermes, Brakes and Travis Perkins Group all key investors that will be bringing jobs to the area over the coming months.Deborah McLaughlin, north-west executive director at the HCA, said with the land having been vacant for so long, it is extremely gratifying that such a beneficial project for Warrington and the surrounding area can finally get up and running.He added the successful partnership between private investors and public bodies will be key to driving economic growth and unlocking myriad employment opportunities for local people.Omega Warrington is a joint venture between Miller Development and Royal Bank of Scotland, with the Growing Places Fund one of the key backers of the project.Terry O'Neill, leader of Warrington Borough Council, concluded the project will be a "fantastic boost for the town".
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