news: ITP economic case supports £6m Nottingham growth corridor
Tuesday 22nd November 2016
Work starts in October 2016 to re-engineer a six-mile corridor linking Colwick to the east of Nottingham with the city centre - along which buses, bikes and electric vehicles will be given priority. The works will deliver a new segregated cycle route and a dedicated lane for exclusive use by electric vehicles and buses and you can find more information about the Eco Expressway here.
ITP supported Nottingham City Council by preparing the economic case that underpinned the £6.1m funding award from the D2N2 LEP, making the case for funding based on the estimated mode shift, increase in cycling and walking activity, and value of new jobs that are forecast to be delivered as a result of the investment.
If you need advice or support with building the business case for similar initiatives, then get in touch with Nick Ayland, Jon Parker, or Neil Taylor on 0115 9886905.