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Sunderland Investment

City investment next steps

A £199m package of investment projects for Sunderland is going into the City Council's next round of budget proposals.

The investment plans were welcomed at a meeting today (Tuesday 15 October) of the council's Cabinet. They will be reported back to a meeting of the Cabinet in February 2020 as the council looks to its final budget decision the following month.

Plans include design work for a new Wear footbridge, and developing more of the riverside, city centre and seafront. Plus, new schools at Sunningdale, Thorney Close, and Hetton and multi-million pound school updates for Newbottle Primary and Barnes.

These will deliver regeneration benefits across the city and drive forward the council's emerging City Plan for a more dynamic, healthy and vibrant Sunderland.

Earlier this year, the council agreed an ambitious capital programme for investing £404m across the city over the next four years. That £404m is part of an estimated £1.5bn investment in Sunderland between 2015 and 2024, including half-a-billion pounds in the city centre.

Deputy Leader of Sunderland City Council, Councillor Michael Mordey said the plans needed council investment of £176m, with £8m to be funded from external grants and drawing on £15m of existing capital programme resources.

The projects are aligned with the council's emerging City Plan for building a more dynamic, healthy and vibrant Sunderland over the next ten years.

Cllr Mordey said: "The key priority continues to be investing in the strategic regeneration of the city to drive economic regeneration and job growth.

"We will do this by developing strategic assets, improving the city-wide and area infrastructure, and encouraging inward investment to create the conditions for growth. A number of invest to save schemes are included, with an emphasis on maximising the return on investment.

"The proposals include investment to support the delivery of front-line services to residents across the city including schools, social care and other operational assets."

Earlier this year, the council agreed an ambitious capital programme for investing £404m across the city over the next four years. That £404m is part of an estimated £1.5bn investment in Sunderland between 2015 and 2024, including half-a-billion pounds in the city centre.

These new investment plans include:

* A £36.3m development on Farringdon Row that would be supported by a long-term lease with a prospective tenant;

* A £6.8m pot of funding towards feasibility and design works for a footbridge over the Wear, more Railway Station and Vaux development, works in Holmeside and looking to develop more leisure and housing developments;

* A £9m Vaux multi-storey car park to meet future site occupiers and general city centre use;

* £15.1m Riverside Sunderland Infrastructure to support developments on the Vaux site and surrounding areas;

* £46.5m towards strategic land acquisitions that contribute to city regeneration priorities;

* £7.5m Crowtree Square retail development;

* New build primary schools at Sunningdale (£13.035m), Thorney Close (£6.9m) and Hetton (£4.8m) plus updates of £4.6M at Newbottle Primary and £2.9m at Barnes Junior school;

* £2m for Seaburn public realm works at Ocean Park:

* An extra £303,000 of updates to Jacky Whites Market to bring refurbishment works up to £400,000;

* £750,000 towards restoring Roker Park Lodge and opening a café, kitchen garden and outside eating area;

* £650,000 for updating café and events space at Herrington Country Park's site office;

* A new £1.4m Cork Street Day Centre for people with physical disabilities.