£8.4m additional investment will create jobs and link South Bank ports

By Grimsby Telegraph | Posted: 15 Dec 2017

COUNCILLORS have given the green light to pump a further £8.4 million into a highly ambitious investment programme in North East Lincolnshire.

The South Humber Industrial Investment Programme (SHIIP), is a huge £42 million project that the council believes will help to provide thousands of jobs in the area, along with establishing better links between the area’s ports, all while providing protection to the local environment.

To help establish the programme North East Lincolnshire Council’s Cabinet granted approval to increase its investment into the project by £8.4 million, bringing its total contribution to £23.6 million.

The SHIIP programme is planned to take place over a five-year period, with the council believing that the benefits will be felt within the borough in the early 2020s as more jobs are brought to the area.

It will focus on these key aims:

  • Provide 120ha of strategic mitigation land
  • Provide 2.5km of new adoptable highway through delivery of the Humber Link Road
  • Develop 489,000sqm built floor space
  • Unlock 195ha of developable land
  • Provide 87ha of serviced land 
  • Generate between 3,411 and 8,675 jobs 
  • Improve the local economy by between £136m and £347m GVA (Gross value added)

As a result, the anticipated income for the project is expected to be at least £92.7m over 20 years.

South Humber Infrastructure Investment Programme, featuring Great Coates Industrial Park and Stallingborough Interchange.

Planning applications are due to be submitted early 2018 with a start on site planned for summer 2018.

Councillor Peter Wheatley, portfolio holder for regeneration said: “We have some massive regeneration projects at the moment which will deliver huge changes across our borough. 

“In the business park we are delivering ‘oven-ready’ areas to de-risk the opportunities for investors – making sure the utilities and road network are in place and ready to use. The link road will become the strategic highway between Immingham and Grimsby, removing hundreds of lorries from the A180 between the ports. And our environment and wildlife will be better protected as we set aside swathes of land for nature reserves.

“The SHIIP scheme is another key part of that work to deliver a sustainable future for our residents and businesses.”

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Councillor David Watson praised the programme, believing that it would bring a great deal of benefit to his Immingham and Stallingborough ward.

He said: “This is exactly what we need at this time in the north of the borough.

“What was once a forgotten area is now presented with a vision that is greatly welcomed and will create a lasting legacy.”

Councillor Matthew Patrick defended the extra borrowing to commence the project, feeling that this project will finally put North East Lincolnshire “back where it should be”.

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He said: “Growing up in Grimsby in the 80s and 90s I have seen what this town used to be, with manufacturing and fishing industries booming.

“This project will bring us back to where we should be, creating jobs and investment, that has already gained recognition abroad.

“The decision to increase borrowing is important, and follows the golden rule of economics, you borrow to invest, not keep the lights on.

“This development will bring a huge benefit to the area and I welcome the investment.”

Key projects in the major SHIIP scheme

Stallingborough Business Park 

Located off the Stallingborough Interchange on Kiln Lane, the  64-hectare site could support up to 3,959 jobs. This part of the programme is supported with £2.6million of external funding provided by the Humber Local Enterprise Partnership. 
Key Dates:

  • Planning Submission – early 2018
  • Construction Start – mid 2018
  • Project Complete – mid 2019

South Humber Bank Link Road

A proposed strategic highway linking the ports of Grimsby and Immingham via Moody Lane, Grimsby and Hobson Way, Stallingborough. This road would facilitate development of allocated employment sites on the South Humber Bank and has the potential to support up to 922 jobs. This part of the programme is supported with £2 million of external funding provided by the Greater Lincolnshire Local Enterprise Partnership. 
Key Dates:

  • Planning Submission – early 2018
  • Construction Start – mid 2018
  • Project Complete – mid 2020

Strategic Ecological Mitigation

This project protects the environment whilst encouraging economic growth on the South Humber Bank. 
The first of four potential sites is being progressed off South Marsh Road, Stallingborough and will be named Cress Marsh Nature Reserve specifically providing lagoons and ponds for protected bird species from the Humber Estuary. This part of the programme is supported by £1.1million of European Regional Development Fund and £2million from the Greater Lincolnshire Local Enterprise Partnership. 
Key Dates:

  • Planning Submission for Cress Marsh – early 2018
  • Construction Start for Cress Marsh – mid 2018
  • Project Complete for Cress Marsh – mid 2019
  • Key dates for other sites to be confirmed

Read more: Today's main headlines from Humberbusiness.com 

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