Funding secured for proposed new A50 junction near Derby
Council leader Alan Graves said the project "is an important part of supporting sustainable growth in the south of the county".He said alongside housing the development, when finished, will include around 3.5m sq ft of businesses to create "much-needed, good quality jobs".He said: "There is still much to do before actual construction begins on the road but this funding announcement is very much welcomed and is a huge step forward to making things happen."
The transport scheme is estimated to be completed by March 2029.But the cost of the scheme has almost doubled from £37.5m when the link road project was granted planning permission in 2021In March, the East Midlands Combined County Authority was told that negotiations with landowners over the compulsory purchase of the land needed for the junction and road were "ongoing".The £150m expansion of Infinity Park was granted planning permission in 2023 with a new hotel, pub, drive-through cafe and office buildings, which aim to create 3,000 jobs.
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