Two More Large Projects Approved in Peterborough

Proposals for a new Green Technology Centre at Peterborough College and an Activity Centre in Nene Park have been approved by the Peterborough Towns Fund Board.

Next, the proposals will be submitted to the Department of Levelling Up, Communities and Housing (DLUCH), which will hopefully provide funding to get them off the ground.

The Board is hoping to be granted £2m in funding to construct the Green Technology Centre, which would act as a hub for sustainable education in the city. It’s hoped that college students will learn the likes of sustainable construction and electric vehicle manufacturing here, helping to boost Peterborough’s talent pool.

The Lakeside Activity Centre is expected to receive £1.5m in funding. It would incorporate a state-of-the-art Olympic-grade climbing wall, along with a cafe and areas for community groups to meet. 31 jobs would be created if the project gets the green light, says Peterborough City Council.

Andy Starnes, Deputy Independent chair of the Peterborough Towns Fund, said: “This is an exciting time for the Towns Fund in Peterborough. The Government has allocated a potential £22.9million for our city. We have already drawn down £320,000 of that for smaller projects, but this is the first round of larger projects which must have their business cases signed off to release the funding. A great deal of time and preparation has been put into these business cases and we have been in close discussions with DLUCH while doing this.”

Cllr Peter Hiller, Cabinet Member for Strategic Planning, Commercial Strategy and Investments at Peterborough City Council, said: “If approved, both projects will deliver something new for our city, which will enhance life for those who live, work and visit here. The Green Technology Centre will help our residents – including young people and upskilling adults – meet employers’ needs and enjoy high-earning careers in emerging industries which will help us to meet our carbon zero objectives.

“Lakeside Activity Centre will put Peterborough on the map with an Olympic-sized climbing wall and will provide an indoor destination that will encourage users to be active year-round and will create extra local jobs. It will complement the other developments that we have happening in our city, such as the new University, the Hilton Garden Inn Hotel and the Empire Cinema extension at Queensgate, all of which are set to open this year.”

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