The Government’s Levelling Up Fund will invest in infrastructure that improves everyday life across the UK. The £4.8 billion fund will support town centre and high street regeneration, local transport projects, and cultural and heritage assets.
Levelling Up Fund
Portsmouth has secured £20m to transform the visitor economy following Levelling Up Funding success
Portsmouth International Port’s crucial terminal extension, transformation of the Hilsea Lido and creation of ‘Linear Park’ are all given the go-ahead. After an official announcement by the Department for Levelling Up, Housing and Communities.
The bid, called Transforming the Visitor Economy, has been awarded £20m Levelling Up Funding ,with £8.75m supporting an opportunity to create the longest urban park in the UK and the redevelopment of Hilsea Lido at the heart of the plans.
The Lido refurbishment will include good-quality changing facilities integrating children’s water play. Have terracing and spectator areas plus events space with the ability to function as a community hub. This will enable community-centred style activities in a unique natural environment.
The port development, known as The International Terminal Transformation, received £11.25m, necessary to manage the anticipated increase in passengers through the port, which looks to exceed over 200 cruise calls across the next three years.
The port’s ability to manage an additional 250,000 passengers a year, above its current two million, relies on creating additional capacity.
You can read our bid in full below