£ 3.5million in funding for huge business area development to be approved


A multi-million pound funding package that will be used to help push forward a huge development in North Staffordshire is expected to be approved next week.

Staffordshire County Council has pledged to invest £ 3.5million in infrastructure development in Chatterley Valley West, Newcastle-under-Lyme, which could create up to 1,700 new jobs.

The project – which is in the Ceramic Valley Enterprise Zone – is being developed on a brownfield site just off the A500 and is expected to be one of the “biggest commercial developments” in the northern county for decades.

READ MORE: Stoke-on-Trent set to be sixth best place for job growth in 2022

Now the County Council is working with Newcastle-under-Lyme Borough Council, Stoke-on-Trent and Staffordshire Local Business Partnership and the developer to move the project forward.

Deputy Head of Staffordshire County Council and Cabinet Member for Economics and Skills Philip White said: ‘This is a unique opportunity for a generation to unlock a significant parcel of disused industrial land close to strategic transport links and provide an opportunity for existing businesses. to grow and for new ones to invest in Staffordshire.

“The County Council has a proven track record of working in partnership to successfully develop business sites that provide jobs and growth in their area, such as i54 South Staffordshire and Branston Locks in the east of the county.

“Chatterley Valley West will be a major project in the north and we look forward to working with our board and LEP partners to ensure its success.

The Stoke-on-Trent BusinessLive Awards in association with The Sentinel and Stoke-on-Trent Live 2022 are back and open to registrations.

Businesses and individuals from Stoke-on-Trent and Staffordshire are encouraged to enter in 14 categories, including the coveted Company of the Year award.

You can find more information on all categories here.

The registration deadline is Monday January 10 and the ceremony will take place on Thursday April 28.

To learn more about sponsorship, please send an email [email protected] Where [email protected].

When the site is fully constructed, the development of Chatterley Valley West could generate total commercial rates of over £ 2.5million per year.

Until March 2041, these commercial tariffs will be fully retained in the local area and can be used to help finance further regeneration.

Simon Tagg, Head of Newcastle-under-Lyme Borough Council, said: “This is great news for improving the business area and for the borough as a whole as it will create hundreds new jobs and preserve those that already exist in the region.

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The County Council’s £ 3.5million investment in the Chatterley Valley site, as well as the Borough Council’s £ 3.7million secured through the Kidsgrove Town Deal, show that we are determined to grow our places and create opportunities for our residents and businesses. .

“The positive impact this project will have, in terms of employment and the local economy, is welcome and it shows that Newcastle-under-Lyme is a great place to do business.


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