Sunderland Area Developments - St Mary's Way, Vaux, New Wear Bridge etc
Sunderland Area Developments - St Mary's Way, Vaux, New Wear Bridge etc
Good news!!!
http://www.sunderlandecho.com/news/busin...-1-6498118
Nick Clegg confirms £87m deal to sort the Vaux site, build the new bridge and create 9,000 jobs in Sunderland
Under the City Deal status, Sunderland gets:
•£5million for the development of an International Advanced Manufacturing Park next to Nissan – equivalent to the size of 140 football pitches.
•£82.5million of funding that finally gives the green light to the long-awaited new road bridge over the Wear.
•The creation of 8,900 jobs by 2031.
•A new Central Business District on the Vaux site, aimed at injecting new life to Sunderland city centre.
•Once established, the deal is likely to bring £295million in private sector investment in the city’s manufacturing industry.
•The creation of a Skills Compact that will invest in Wearsiders and help the unemployed or unskilled.
