12.02.20
LEP grant worth £2.7m to boost development in Wakefield
Leeds City Region Enterprise Partnership (LEP) has agreed to a grant set to boost development on South Kirkby, one of Leeds City Region Enterprise Zones.
The West Yorkshire Combined Authority will deliver the funding, secured on Monday (Feb 10) as part of the wider Leeds City Region Growth Deal worth £1bn, to accelerate growth and employment in the region.
The proposed site, will boast 65,000 square feet of commercial space and the potential of up to 115 jobs. Of the four new units set to be included, the first three are under construction and due for completion in March 2021.
Roger Marsh OBE DL, Chair of the LEP and NP11 said:
“Our £2.7 million investment in the South Kirkby Leeds City Region Enterprise Zone site demonstrates our commitment to creating the infrastructure for economic growth. I look forward to seeing work start on site next month.”
South Kirkby Business Park is an Enterprise Zone supported by the LEP, West Yorkshire Combined Authority, Wakefield Council, The Ministry of Housing, Local government and Marshall Construction (West Yorkshire) Limited.
Cllr Denise Jeffery, Leader of Wakefield Council said:
“This is fantastic news for the next stage of South Kirkby’s development. Since the enterprise zone was launched it has been a great success, providing jobs and opportunities for business growth in our district and will continue to play an important role in supporting our local, district and regional economies.”
Eight new unit’s worth of Enterprise Zone sites across Leeds City Region have been delivered, a total of 246,000 square feet of potential working space.
Growth from business rates that are a result of this initiative are reinvested back into the local economy by the LEP and local authorities.
Photo: Leeds City Region Enterprise Partnership