The combined authority aims to fund 120,000 sq ft of office space; 260,000 sq ft of commercial space and 70,000 sq ft of research and development space by 2024.
The plan plots a path for bringing the election manifesto of Metro Mayor Steve Rotheram to life. It outlines five key priority areas which aim to help reduce homelessness, boost economic investment, provide better broadband connection and improve transport links.
“This plan is the roadmap for a greener, stronger and more equal future for our region, with better public transport, more opportunities for local people and real action to tackle climate change,” said Rotheram. “Working together we’ll build a region with no one left behind.”
Here are some of the plan’s goals for 2024, by the numbers:
- One new station for Merseyrail, with the hope of having more
- 2% share in UK FDI projects, an increase from the 1.5% the region has today.
- 15 projects per year will be secured through the Growth Platform
- 20 hydrogen buses deployed.
- 53 new trains
- 212 kilometres of full-fibre gigabit-capable network infrastructure to ensure the region’s broadband is fast and reliable
- 228 people experiencing homelessness to be housed, thanks to a to-be-developed homelessness framework
- 2,400 new homes made possible
- 70,000 sq ft of R&D space funded
- 120,000 sq ft of office space funded
- 260,000 sq ft of commercial space funded
- £20m invested in town centre regeneration
- £36m allocated of brownfield land funding
- Securing more funding for the LCR freeport
- Establishing a city region community bank
- Publishing a spatial development strategy
- Upgrading to a smart-ticketing system for public transit that offers contactless tickets with a daily cap