The Halsnead Garden Village employment development has secured a further £4m of Government funding for Tritax Symmetry’s development.
The funding is part of a £26 million funding allocation recently announced to the Liverpool City Region Combined Authority to support the City Region’s economic recovery from the COVID-19 pandemic.
The prospect of long-term changes to working arrangements resulting from COVID-19 has reaffirmed the importance of online shopping and supply chain infrastructure which underpins moving goods around the economy.
The Halsnead South logistics development is an extension to the residential development which will see 1,600 new homes constructed.
Halsnead Garden Village, located near Whiston, is one of an initial tranche of 14 sites in England to be awarded Garden Village status by the Government. It is the largest combined housing and employment site in the Liverpool City Region, with the potential to deliver approximately 1,600 homes and 22.5 hectares of employment land.
The employment element of Halsnead Garden Village, will attract multi-million pound investment in the logistics and advanced manufacturing sectors, creating highly-skilled and well-paid jobs.
This will deliver at least 1,000 direct net jobs and 80 construction jobs, equating to over £20millon per annum GVA benefits.
Councillor Graham Morgan, Leader of Knowsley Council, said:
“Halsnead Garden Village is a highly-ambitious project for Knowsley and a once in a lifetime opportunity to create a new unique settlement and make a major contribution towards the region’s economy.
“This funding will facilitate and support the delivery of the Halsnead South logistics development which itself will deliver hundreds more jobs and a further £20m per year boost to the Knowsley economy.”
Andrew Dickman, Director at Tritax Symmetry, commented:
“We are pleased to see that the Government and Liverpool City Region Combined Authority have recognised the importance of this logistics project to the economy in pledging £4million of funding. There is a deficit of logistics space in the North West of the UK, which will restrict future growth if supply doesn’t increase. Working with Knowsley Council and The Land Trust, this funding will assist us in accelerating the delivery of one million sq ft of much needed employment space to meet the latent demand, as well as the added benefit of a 65-acre country park for the people in the region to enjoy.”