Exciting plans to build a new £8.8m ferry landing at North Shields Fish Quay have moved a step closer after the Government announced that funding was being made available.
The Department for Communities and Local Government confirmed yesterday that it was allocating £47m to the North East Local Enterprise Partnership (LEP) from its Get Building Fund for 18 major projects to boost the local economy.
The creation of a new Shields Ferry landing in the North Shields Fish Quay regeneration area was included in the announcement.
Nexus, the public body which owns and operates the cross-Tyne ferry service, will draw up a detailed business case to the LEP, for submission in September.
Customer Services Director, Huw Lewis, said “It’s great news that our plans to build a new Shields Ferry landing at North Shields Fish Quay have been shortlisted for funding.
“We will be submitting a full business case to the Local Enterprise Partnership in September.
“The proposed new ferry landing would be located in the Fish Quay regeneration area, and we’ll be consulting with local businesses and residents on this as we build our detailed business case.
“The scheme has the potential to be transformative for the local area and will help to secure the long-term future of the cross-Tyne Shields Ferry service.
“We look forward to working with the LEP to secure the funding for this project.”
Helen Golightly, Chief Executive of the North East Local Enterprise Partnership, said: “The £47m from government’s Getting Building Fund will give the North East economy the boost it needs to continue our region's recovery from the coronavirus pandemic. To extend the reach of the fund and ensure more projects can be delivered in the North East LEP area, we have released an additional £8m from the North East Investment Fund to increase this fund to £55m.
“The 'shovel ready' projects put forward for the North East LEP area include infrastructure works at Enterprise Zone sites in Northumberland, Newcastle and Sunderland; property development schemes in Durham, South Shields and Newcastle; and vital transport and infrastructure works in Newcastle, Gateshead, Sunderland, North Shields and Northumberland.
“We’re also looking to further strengthen the North East’s green energy sector by investing in new facilities at the Offshore Renewable Energy Catapult in Blyth and InTEGReL in Gateshead.”