£200m levelling up jackpot for the county

By Ged Henderson

18 Jan 2023

Eden Project North 1

Lancashire has been awarded almost £200m in government levelling up cash to ‘spark transformational change’ - including £50m for Eden Project North.

As well as the Eden cash for Lancaster City Council, Blackpool will receive £40m to deliver a new ‘Multiversity’ - a carbon-neutral, education campus in Blackpool’s Talbot Gateway Central Business District.

Almost £50m will be given to Lancashire County Council to support three levelling up projects in the east of the county that aim to deliver “greener, safer travel for local people”.

There is also £20m to regenerate Accrington town centre. The funding for Hyndburn will see the transformation of the Market Hall into a bustling food hall and trading space and the vacant and dilapidated Burtons Chambers and Market Chambers turned into new office spaces.

Blackburn will receive another £20m for its ‘growth axis transport package’ with the money invested in the town’s infrastructure to tackle congestion and improve walking and cycling routes.

And Preston City Council will get £20m for its community infrastructure work. The funds will be used to regenerate the city’s parks, providing better green spaces for people to come together to exercise and socialise.

These Lancashire projects are among more than 100 across the country awarded a share of £2.1bn from round two of the government’s flagship Levelling Up Fund.

The government has also confirmed there will be a further round of the fund, providing more opportunity to level up places across the UK.

Announcing the cash boost, Prime Minister Rishi Sunak said: “Through greater investment in local areas, we can grow the economy, create good jobs and spread opportunity everywhere.

“By reaching even more parts of the country than before, we will build a future of optimism and pride in people’s lives and the places they call home.”

The £50m Lancaster has secured from the fund will cover half of the projected building cost of the ‘game-changing’ Eden Project North eco-attraction planned for Morecambe’s seafront. The cash has been seen as crucial to Eden moving forward.

Around 300 high-quality green jobs are forecast to be directly created by the new attraction, with more than 1,000 additional new jobs supported across the region.

Annual visitor numbers are projected to be 740,000 and additional revenue brought into local businesses by Eden North is set to exceed the £50m government investment within months of the project opening its doors to visitors.

Planning permission for the attraction was given last February. City Council leader Caroline Jackson has stressed the project is crucial for the area, saying: “It will transform the local economy and have a transformative effect, not just on Morecambe, but the whole region.”

Funding for Blackpool’s Multiversity will allow Blackpool and The Fylde College to replace its ageing facilities with world-class state-of-the-art ones in the heart of the town centre. The Multiversity will promote higher-level skills, including automation and artificial intelligence, helping young people secure jobs of the future.

The government’s levelling up secretary Michael Gove said: “We are firing the starting gun on more than 100 transformational projects in every corner of the UK that will revitalise communities that have historically been overlooked but are bursting with potential. 

“This new funding will create jobs, drive economic growth, and help to restore local pride. We are delivering on the people’s priorities, levelling up across the UK to ensure that no matter where you are from, you can go as far as your talents will take you.”

All areas were invited to bid for round two by August 2022 to invest in projects that improve the everyday lives of people in their areas. The government says all applications were assessed using a “fair, robust and transparent methodology” published online.

Enjoyed this? Read more from Ged Henderson

Latest news

1

Airframe Designs to play key role in world water speed record attempt ames Hodgkiss Jerrod Hartley And Chris Fleet Of Airframe Designs In The Longbow Workshop

Airframe Designs to play key role in world water speed record attempt

27 Nov 2025

2

Lancashire businesses react to Autumn Budget announcement Roger Philips

Lancashire businesses react to Autumn Budget announcement

26 Nov 2025

3

Reeves delivers £26bn tax rise Budget UK Parliament Budget photo

Reeves delivers £26bn tax rise Budget

26 Nov 2025

4

Seven Lancashire towns on list of target locations for new M&S Food stores M&S Food Stores

Seven Lancashire towns on list of target locations for new M&S Food stores

26 Nov 2025

5

Lancaster University to receive nation’s highest education honour Micro:bit Educational Foundation created by Lancaster University

Lancaster University to receive nation’s highest education honour

26 Nov 2025

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
CMI Level 5 Management and Leadership Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Management and Leadership Course

Preston Campus, Preston , PR1 2HE

09:00 - 17:00

CMI Level 5 Project Management Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Project Management Course

Preston Campus, Preston, PR1 2HE

08:00 - 17:00

Help to grow management course
Help to grow - barriers to growth.png.png
LBV Hub Seminars
26 Sep 2025 - 16 Dec 2025

Help to grow management course

Preston Campus , Preston , PR1 2HE

09:00 - 15:00

RISE - Lancashire's unique leadership programme for women
thumbnail_Emma Weston Illustration WENDY BOWERS RISE Illustrstion.jpg.jpg
LBV Hub Seminars
22 Oct 2025 - 18 Mar 2026

RISE - Lancashire's unique leadership programme for women

East Lancashire Chamber of Commerce, Clayton le Moors, BB5 5JR

09:30 - 15:30

Women scaling up Blackpool Fylde and Wyre
LBV Hub Seminars
22 Oct 2025 - 09 Jan 2026

Women scaling up Blackpool Fylde and Wyre

The Small Business Academy, Blackpool, FY4 5JX

09:30 - 15:30

Lancashire Business Day 2025
241122lbvlancashiredaylhp0647web
Networking
27 Nov 2025

Lancashire Business Day 2025

Burnley FC , Burnley, BB10 4BX

12:00 - 17:00

Lancashire post Budget analysis finance leaders events
MHA-BTI Logo_black (002).jpg.jpg
LBV Hub Networking
27 Nov 2025 - 27 Dec 2025

Lancashire post Budget analysis finance leaders events

Farington Lodge Hotel, Stanifield Lane, Farington, Preston, PR25 4QR

08:00 - 10:00

The PM+M Autumn Budget seminar - East Lancashire
Autumn Budget event East Lancashire
LBV Hub Seminars
27 Nov 2025 - 27 Nov 2025

The PM+M Autumn Budget seminar - East Lancashire

Crow Wood Hotel, Burnley, BB12 0RT

08:00 - 10:30

Lancashire Construction Connections
LLC Logo Main.jpg.jpg
LBV Hub Networking
27 Nov 2025 - 27 Nov 2025

Lancashire Construction Connections

Blues Bar, Ewood Park, Blackburn, BB2 4JF

14:00 - 16:00

Blackburn Budget Breakfast Seminar
1.jpg.jpg
LBV Hub Seminars
28 Nov 2025 - 28 Nov 2025

Blackburn Budget Breakfast Seminar

Premier Suite, Blackburn Rovers, Ewood Park, Blackburn, BB2 4JF

07:30 - 10:30

Navigating making tax digital for Income Tax
mtd event LinkedIn.jpg.jpg
LBV Hub Seminars
03 Dec 2025 - 03 Dec 2025

Navigating making tax digital for Income Tax

Junction 4 Skatepark , Darwen, BB3 0AJ

08:00 - 10:30

Chamber Breakfast Networking – December
Logo.jpg.jpg
LBV Hub Networking
04 Dec 2025 - 04 Dec 2025

Chamber Breakfast Networking – December

The Longlands Hotel, Carnforth, LA6 1JH

08:00 - 10:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV124 Online Graphic
Subscribe now

Weekly news bulletin