Blears reveals Blackpool funding package
Blackpool is to receive nearly £300m to support future development initiatives for the town, Communities Secretary Hazel Blears has announced.
In response to a report from the Blackpool Taskforce, Blears has confirmed financial support for planned projects, including:
- Over £100m for new schools, a new further education college campus in the town centre and a higher education facility;
- A £100m transport package, including the recently announced funding to modernise the Blackpool and Fleetwood tram system, and investment in Blackpool Airport;
- £82m to improve sea defences and invest in local events.
The North West Development Agency has also pledged support for the regeneration of Blackpool town centre, while English Partnerships will allocate up to £35m towards housing in the North and South Beach areas.
Communities Secretary Hazel Blears said: "This funding will provide a real boost for Blackpool. Our response to the Blackpool Taskforce report builds on the £85m already confirmed for the tram, and will continue to drive forward the transformation of Blackpool's future."