The award of £37.5million Government investment into Southport announced in the 2021 Budget has been described as “a truly momentous achievement”.
Sefton Conservative Leader and Southport Conservative Association Chairman Cllr Tony Brough says he is proud of the way that Southport ‘punched above its weight’ to secure the vital funding.
Details of exactly how the money will now be spent will be revealed over the course of 2021. Central to the bid was a new waterside events centre after Southport Theatre & Convention Centre closed last year, along with other schemes including a new light and water show in the Marine Lake and new incubator and co-working space for businesses.
Cllr Brough said: “I am delighted to learn that the efforts of Southport’s MP Damien Moore to draw down ‘real cash’ from the Government’s Town Deal Fund have been fully rewarded.
“The announcement today that Southport is to receive £37.5m from the fund is fantastic news for our town. This money will act as a springboard for regeneration and a catalyst for further investment in Southport.
“I know how hard Damien Moore has worked to secure this deal for our town both locally and at Westminster – it is a truly momentous achievement! Southport has ‘punched way above its weight’ to gather this prize and the resulting investment will serve to underpin sustainable economic growth, jobs and prosperity.
“Southport is a great place to live and I believe will rise up to become the number one seaside holiday destination in the UK. Well done to Damien Moore MP and the Town Deal Board chaired by Rob Fletcher.”
Southport MP Damien Moore said: “This funding is an opportunity to present a vision not only of what we want for Southport now, but where we want to be in the future. This has always been my goal, to deliver a locally driven, joined-up package for Southport.
“I have repeatedly made the case for sustained investment in our town, both to Sefton Council and to central Government – investment attached to a long-term vision. That case was made much easier by the creation of the Southport Town board, without which this bid would not have been possible.”