The unique partnership behind Crescent – Salford City Council, University of Salford and leading development partnership, The English Cities Fund (ECF) – has been awarded £ 13.17 million. from the Leveling-Up Fund to deliver the infrastructure project Salford Rise.
Following the announcement from the Treasury Secretary’s autumn budget and spending review, Crescent partners will immediately submit a planning application with a view to starting on-site in the first half of 2022.
Salford Rise is a catalytic infrastructure and public project that will begin to unlock the ambition of Crescent Innovation by delivering an 11m wide podium link across Frederick Road that stretches 4.7 acres. The scheme will remove a significant barrier to movement across the wider Crescent areas, enabling the delivery of Crescent Innovation, bringing communities in the surrounding area together, while creating opportunities for everyone in the city to thrive and thrive.
Crescent Innovation is centered around people, industry and academia and is a key component of the Salford Innovation Triangle. This area of the master plan will see a research, development and innovation campus that will sit at the north gateway to Salford Rise. Work is already underway on three new university developments in this area, paving the way for world-leading facilities in the North of England Robotics Innovation Center, Science, Engineering and Environment (SEE) building and Energy House 2.0.
The wider £ 2.5bn, 240-hectare Crescent master plan brings together the best of the public and private sectors to deliver a true 15-minute Salford – a connected, sustainable and inclusive venue that blends the city’s rich heritage and its progressive ambitions for the future through the provision of over 3,000 homes, over 1m sq ft of space to innovate and collaborate, along with 1m sq ft of offices, retail, leisure, a new multimodal transport hub with active travel at heart, located within areas of green space .
Crescent will also create up to 7,000 new jobs, with more than £ 90 million expected to be reinvested in communities, through new revenue from business prices realized after the end of the scheme.
Minister of Level Up, trade union and constitution, Neil O’Brien MP, said: “I am pleased that £ 13.17 million in state aid is helping to drive regeneration forward in Salford. This project will help improve the look and feel of the area, improve accessibility and boost Salford’s economy.
“We bring cities and cities together by supporting innovative and sustainable projects that will bring communities together and help them build better back from the pandemic.”
Maggie Grogan, senior development inspector at ECF, said: “Receiving the news from the Chancellor that the Salford Rise bid was successful is truly a proud moment for all involved. This strong partnership with the ECF, the Council and the University of Salford is fully committed to delivering a unique brand of transforming and sustainable regeneration, which connects people seamlessly with the place, creates opportunities for all, with prosperity and well-being at the center.
“We are excited about the journey, and together with society, we can move forward with our collective vision of creating a robust and robust Salford that is seen on a global stage as a leader in innovation, collaboration and place-making.”
Paul Dennett, Mayor of Salford, said: “This successful bid testifies to the work of Council colleagues and our partners at ECF and the University of Salford, who have worked tirelessly on the Crescent project throughout 2020/21, to develop an ambitious new vision for the Crescent area and a range of projects that: will really start to help bring Salford in level.Further capital funding will be required if we are to see Metrolink from Salford Quays to Crescent and Manchester City Center and a transport exchange in the area.
“I’m glad the government has recognized the strength of the Crescent partnership, Salford’s ability to work with the private sector to deliver real change and the huge positive impact on communities and innovation benefits, such as Salford Rise, and the wider Crescent. project provides.
“Salford Rise is an ambitious infrastructure and public project that will promote inclusivity, connect communities with education, industry and the city’s broader innovation ambitions. It will act as a catalyst for the university’s institutional role in generating knowledge and learning that can contribute to It will also improve access to Peel Park, the Salford Museum and Art Gallery and the Working Class Movement Library, where the city’s history can be celebrated.
Professor Helen Marshall, Vice-Chancellor of the University of Salford, added: “This is a true vote of confidence in Salford and our city’s ability to deliver at the level of our communities. Delivering the high-skilled, high-wage economy that the government envisages for the UK requires huge investments in innovation and skills. Salford Rise will help to realize the potential of Crescent Innovation and connect industry and academia, help drive collaboration that will increase productivity, grow jobs and create talent pipelines, as well as unlock additional investments to help us deliver on our expectations for this exciting project.
“But Crescent Innovation is not just an ambition, it is already on the way. At the University of Salford, we are investing £ 100 million in science and technology with shovels in the ground at the North of England Robotics Innovation Center, which will be a flagship facility at Crescent Innovation and the completion of Energy House 2.0, the unique low-carbon test facility, planned to the summer of 2022. Salford Rise will help us go further faster and I look forward to seeing it delivered. “
For more information on Salford Rise and Crescent, please visit Crescentsalford.com.