Is this Profile (£m) project Sources Project output of Further info information (e.g. on any type Theme of funding on project jobs, houses, project? If so Joint LEP Project Name & Brief Summary Project [include all (SEP page leverage, which project bid? or rows that reference) qualifications (please – 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 apply] specify all that identify using the priority number) 5 Nottingham Broadmarsh a. Nottingham Skills Hub: project to D2N2 Skills LGF C 7.0 30.0 D2N2 1,200 additional Yes this will No Not assessed. – Integrate FE provision and employment Deal Strategic learners per year required the opportunities across the city to meet Economic within 3 delivery of C 30.0 the demands of business. It will provide Plan Outputs: 490 Jobs project 5(b) a new physical College hub in the heart (Nottingham of Nottingham’s Creative Quarter, with Plan Broadmarsh / employment spokes in our Annex 2: Southern communities, which will complement Business Gateway) existing Work Programme, Youth Cases for Contract, Employer and Apprenticeship Skills Capital Hubs. and Business Growth Fund Pages 2-28 b. Nottingham Broadmarsh / Accelerated LGF C 3.0 3.7 0.9 0.9 0.9 0.9 10.4 SEP p17, 73, 900 unlocked, This project Likely to be >4.0. Southern Gateway: transport strategy 3000 jobs unlocked, will support Value of jobs unlocked to unlock expansion of southern side of Plan p77 + significant the delivery of represents high annual LA C 52.6 city centre, including transformation of annex 1 improvements to project 5(a) return on investment. Other C 100 Broadmarsh shopping centre and (business connectivity around (Nottingham improved connection to station. cases) south side of city Skills Hub) 15 centre, improved quality of place. Maximises value of £150m investment in Broadmarsh retail centre and linked regeneration.
Project Name & Brief Summary Theme of Project Sources of funding [include all rows that apply] type or Profile (£m) Further info on project (SEP page reference) Project output information (e.g. jobs, houses, leverage, qualifications – specify all that Is this project on any project? If so which project (please identify using the priority number) Joint LEP bid? 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 5 Nottingham Broadmarsh a. Nottingham Skills Hub: project to Integrate FE provision and employment opportunities across the city to meet the demands of business. It will provide a new physical College hub in the heart of Nottingham’s Creative Quarter, with employment spokes in our communities, which will complement existing Work Programme, Youth Contract, Employer and Apprenticeship Hubs. D2N2 Skills Deal LGF C 7.0 30.0 D2N2 Strategic Economic Plan Plan Annex 2: Business Cases for Skills Capital and Business Growth Fund Pages 2-28 1,200 additional learners per year within 3 Outputs: 490 Jobs Yes – this will required the delivery of project 5(b) (Nottingham Broadmarsh / Southern Gateway) No Not assessed. C 30.0 b. Nottingham Broadmarsh / Southern Gateway: transport strategy to unlock expansion of southern side of city centre, including transformation of Broadmarsh shopping centre and improved connection to station. Accelerated LGF C 3.0 3.7 0.9 0.9 0.9 0.9 10.4 SEP p17, 73, Plan p77 + annex 1 (business cases) 900 unlocked, 3000 jobs unlocked, significant improvements to connectivity around south side of city centre, improved quality of place. Maximises value of £150m investment in Broadmarsh retail centre and linked regeneration. This project will support the delivery of project 5(a) (Nottingham Skills Hub) Likely to be >4.0. Value of jobs unlocked represents high annual return on investment. LA C 52.6 Other C 100 15