Several towns and cities plan to tap into the Government’s latest offer of funding to progress property and infrastructure schemes, with council-led partnerships in Blackpool, Wyre, Cheshire and Warrington among those readying bids.
Cheshire East Council is to agree a £10m loan to the Cheshire & Warrington LEP at its cabinet meeting tomorrow, adding to funds also being put in by neighbouring Cheshire West & Chester and Warrington councils.
Administrators for the contractor's holding company are looking to claw back £7m owed to creditors by selling off assets including the firm’s Warrington headquarters.
The Warrington-based primary care developer and investor issued more than 240m shares yesterday, raising £185m to fund its development and acquisition pipeline.
The local enterprise partnership has appointed CBRE to manage a fund to invest in low-carbon building improvements and R&D schemes in the area.
This year will see fresh services launched including a development map to complement news stories and branded content production for partners.
The builders' merchant has brought an 11-acre site, including a 110,000 sq ft distribution complex in Appleton to market, with an asking price of £7.95m.
Transport Secretary Chris Grayling has approved the £142.5m funding deal for the Western Link, connecting the A56 at Chester Road with the A57 at Sankey Way.
Christine Gaskell, chair of the Cheshire & Warrington LEP, told an event at MIPIM that the region has the potential to create the world’s first zero carbon industry cluster, based around its Energy Innovation District proposition.
The Warrington-based developer, behind projects including Sci-Tech Daresbury and the regeneration of Parkside Colliery, has reported a 29% increase in net asset value and an increase in profit in its annual results.
