This morning we held Cabinet, where a number of important items were discussed, a couple of which relate to the economic recovery and ongoing regeneration of our new City
The Seaway project is moving forward. Regeneration and investment take time, but I am pleased that at cabinet we were able to discuss what was a technical report, but one that was another important step in delivering this vital project for our new City. Seaway will deliver significant economic and regeneration benefits, including 500 jobs and £15m of associated spend per annum.
The project is of course susceptible to rising construction costs, but this does not impact the council’s proposed investment and Turnstone remain wholly committed to the project. I look forward to seeing it progress.
Secondly, we discussed our second round of bids to the Government’s Levelling Up fund. We have already successfully gained nearly £20m from round one - for Cliffs Pavilion and Leigh Port, and in round two we are making further bids for up to £26.5m - one bid for major transport improvements at key junctions and one bid that will create new workspaces within the City Centre, public realm improvements at Elmer Square, and a new seafront visitor attraction - Southend Air. This new attraction would be situated in Adventure Island and would comprise a big wheel (in the style of the London Eye) and a large viewing platform offering unrivalled views of the Thames Estuary. All of these projects would see new investment into our city, help local businesses, encourage more visitors and most importantly, create new jobs for local people.
Cllr Stephen George, leader of the council