£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

Preston firm starts work on major Merseyside warehouse development Huyton 220 1

Preston firm starts work on major Merseyside warehouse development

25 Sep 2026

2

Pothole repair machine seals hattrick of award wins for Multevo Hugh Dennis Presents Multevo With Product Of The Year Award

Pothole repair machine seals hattrick of award wins for Multevo

25 Sep 2026

3

The north needs its older homes in the plan Zak Khan

The north needs its older homes in the plan

25 Sep 2026

4

Sowena signs up to sponsor Red Rose Awards Deal of the Year RRA Sowena Group

Sowena signs up to sponsor Red Rose Awards Deal of the Year

25 Sep 2026

5

Cyber specialist wins £295,000 of Innovate UK funding    Richard Stephenson Yudu Sentinel

Cyber specialist wins £295,000 of Innovate UK funding   

25 Sep 2026

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
All In One Network
LBV Website Events GraphicAll In One Network 15 Oct 2026

All In One Network

The Leisure Box, Northlight, Glen Way, Brierfield , BB9 5NH

14:00 - 16:00

Sub36 Awards 2026
Sub36 WW Logo720 16 Oct 2026

Sub36 Awards 2026

Park Hall Hotel & Spa, Chorley, PR7 5LP

18:30 - 00:30

LBV131 November/December Magazine Networking Event
LBV131 Magazine Launch Social720No Text 19 Nov 2026

LBV131 November/December Magazine Networking Event

Lancashire

08:30 - 10:30

Lancashire Business Day 2026
LBD26 WW Logo720 27 Nov 2026

Lancashire Business Day 2026

Burnley Football Club, BB10 4BX

12:00 - 17:00

Help to Grow: Management Course
Help To Grow 25 Sep 2026 - 15 Dec 2026

Help to Grow: Management Course

University of Lancashire, Preston, PR1 2HE

09:30 - 12:00

Employment law webinar - an update on key ERA 2025 changes
LBV Website Events GraphicEmployment Law Webinar 29 Sep 2026

Employment law webinar - an update on key ERA 2025 changes

Online, Preston, PR1 3JD

12:00 - 13:00

Preston Tech Connection Coworking Day at Society1
Preston Tech 2 29 Sep 2026

Preston Tech Connection Coworking Day at Society1

Society1, Coworking Space, Preston, PR1 3LT

09:00 - 17:00

Business on Par Burnley
Business on Par LBV Banner (1200 x 800 px).png.png 30 Sep 2026

Business on Par Burnley

Prairie Sports Village, Burnley, BB10 2FU

09:00 - 11:00

Unfair Dismissal: The critical update employers can’t afford to miss
Lancaster And Morecambe Logo 1 30 Sep 2026

Unfair Dismissal: The critical update employers can’t afford to miss

The Longlands Hotel, Carnforth, LA6 1JH

08:00 - 10:00

Chamber Breakfast Networking – October
Lancaster And Morecambe Logo 1 01 Oct 2026

Chamber Breakfast Networking – October

Unique Kidz Youth & Community Centre, Morecambe, LA4 4NW

08:00 - 10:00

SheChain Live - Where Lancashire business meets opportunity
SheChain Live (3).png.png 01 Oct 2026 - 01 Oct 2026

SheChain Live - Where Lancashire business meets opportunity

Blackpool Conference Centre, Winter Gardens (Leopold Grove entrance), Blackpool, FY1 1HL

09:30 - 16:15

Breakfast Social and Coworking Day: October
Breakfast Social 01 Oct 2026

Breakfast Social and Coworking Day: October

Society1, 9-10 Cross Street, Preston, PR1 3LT

10:00 - 12:00

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 LBV129 Online Graphic
Subscribe now

Weekly news bulletin