Leicester to submit £39m bid for Government cash

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BIDS are due to be submitted this month to finance three major development projects to help drive the city’s economic recovery as it emerges from more than a year of lockdowns.

Leicester City Council is bidding for around £39m from the Government’s Levelling Up Fund which is designed for long-term, major capital projects. The money will be used to develop both economic and transport projects designed to create jobs, encourage new investment and enable business growth.

Projects include the redevelopment of the former city council premises at Pilot House, in King Street, for start-up and growing creative businesses, bringing the cluster of heritage buildings back into use as part of the wider regeneration of the Belvoir Street, Market Street and New Walk areas.

The scheme, which would

 link source - The Business Desk

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