Milestone for Southall regeneration bid
by Jim Dunton Wed 5 June 2013, 4:57 pm
Ealing Council is a step closer to securing £6.8 million in funding to kick-start the development of housing on a site next to the town's new Crossrail station.
London mayor Boris Johnson has announced that the scheme is one of four approved by the London Enterprise Panel to progress to a final stage of business-case development and modelling.
Ealing’s proposal seeks to maximise the social and economic opportunities that Crossrail will bring to Southall from 2018 by putting in place key infrastructure to attract investment into the Southall Gateway and South Gasworks sites.
It believes the scheme, which includes the introduction of new junctions on South Road, can deliver more than 1,000 new homes and up to 4,000 sq metres of retail space by 2019.
Johnson said transport links were a vital precursor to economic development and the funding would have significant potential to stimulate growth and job creation.
“I welcome the London Enterprise Panel’s assessment of which projects are best placed to do this and City Hall will now be working with the bid teams to progress these ambitious proposals,” he said.
Deputy mayor for business and enterprise Kit Malthouse said the project was ambitions and met “strong criteria” in terms of its ability to support regeneration and create jobs.
“This investment into infrastructure that will have a major impact for people in these areas,” he said.
The next stage of approval for the project is further assessment by the Greater London Authority’s investment and performance board before final agreement by the mayor.
Back to news index