News - 19 March 2015

D2N2’s stake in Nottinghamshire’s multi-million pound regeneration plans

An update on ongoing Nottinghamshire regeneration projects worth hundreds of millions of pounds was this morning (March 19) given to business leaders.

Board members and staff from the D2N2 Local Enterprise Partnership, led by its Chairman Peter Richardson (pictured below at an earlier meeting), attended the Nottingham Regeneration Breakfast Seminar held at the Antenna centre in Beck Street, Nottingham city-centre. It was organised by Nottingham City Council.

D2N2 Chair Peter Richardson

Speakers including Nottingham City Council Leader Councillor Jon Collins, Deputy Leader Cllr Graham Chapman and Nicola McCabe, Marketing Manager for Nottingham – Intu updated the audience on the progress of major ongoing regeneration projects including the £570m NET Phase Two tram extension (nearing completion), the A453 widening, and the recently re-opened and redeveloped Nottingham train station.

Following today’s meeting, the D2N2 Chairman said: “A lot of major regeneration projects affecting Nottingham and Nottinghamshire are approaching completion, so it’s a good time to update the business community on these and the potential benefits they will bring. There was a very positive feel from the audience at today’s meeting.”

On Tuesday (March 17) a delegation including Mr Richardson, and Nottinghamshire and Derbyshire local authority leaders, met in London with Cities Minister Greg Clark to begin formal discussions on obtaining greater powers for the D2N2 area. Devolution would give the area more control over determining future decisions on iemployment, housing, transportation and energy strategy.

 The D2N2 Local Enterprise Partnership works to promote business growth and boost economic growth in Derby, Derbyshire, Nottingham and Nottinghamshire. Its main target is to create 55,000 (mainly private sector) jobs in ten years (by 2023).

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