Nottingham City Council is submitting bids totalling £57m for a share of the government’s levelling up fund to bring about massive changes to the city. The local authority has revealed exclusively to Nottinghamshire Live that the cash would go into funding major projects across the city, including the Broad Marsh area, Bulwell town centre and the Island Quarter.
It comes after the council's initial failed bid for £20m from the Conservative Government's Levelling Up fund back in October last year, which would have given the authority the required cash to further progress the Broad Marsh redevelopment. Following the collapse of intu, owners of the former shopping centre, the City Council established the independent Greater Broad Marsh Advisory Group to oversee a bold new vision for the site, informed by an extensive public engagement through the Big Conversation and brought to life by world renowned urban designer Thomas Heatherwick.
The 20-acre Broad Marsh site is one of the most significant city centre development sites in the UK, and undoubtedly one of the most important projects Nottingham has ever faced. The neighbouring streets and buildings are already undergoing a transformation and strengthened connections to improved tram, train, bus and cycle networks.