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Economic Development

Crescent submits £13m Levelling Up bid to accelerate Salford Rise project

The 'shovel-ready' project is part of a huge £2.5bn, 240-acre regeneration scheme

A bid has been submitted to accelerate the delivery of Crescent's Salford Rise

A £13m bid has been submitted to the Government's Levelling Up Fund to accelerate the delivery of a key infrastructure project in Greater Manchester.

The partnership delivering Crescent, a £2.5bn, 240-acre regeneration scheme in Salford, has made the bid for its Salford Rise project, hoped to connect communities across the city - as well as creating new public realm and a "striking" pedestrian podium spanning Frederick Road.

Crescent is being delivered by The English Cities Fund, Salford City Council and the University of Salford.

The group said deliverability, impact on communities and innovation benefits are "key" to the new bid.

Phil Mayall, regional director at The English Cities Fund, said: “Having collaborated with Salford City Council on several key regeneration projects, we’re excited by the growing momentum and progress on site at Crescent, working closely with our partners at the University of Salford.

“In Salford Rise, we have an infrastructure project that will foster inclusivity, connect communities and help support innovation across the city.

"Salford Rise is shovel-ready and we continue to deliver aspects of the wider Crescent masterplan – setting us apart from many rival LUF bids.”

Over the next decade, the Crescent partnership hopes to unlock more than £1bn of private sector investment to deliver more than 3,000 new homes across six districts.