Substantial Investment to Unlock Mid Devon’s Growth Revealed
Posted on: 1 February 2018
Millions of pounds of investment into infrastructure in Mid Devon has been announced today.
Mid Devon District Council applied to the Government in September 2017 to receive money as part of its Housing Infrastructure Fund. The fund was set up to allow investment in physical infrastructure projects such as roads and bridges, the absence of which is holding back housebuilding.
Today the Council learned it was successful with its bids for both Tiverton and Cullompton, unlocking the growth potential for both towns.
Cullompton will receive £10 million to undertake short term improvements to Junction 28 of the M5 motorway, in advance of a proposed longer term junction upgrade. The funding will deliver improvement works to increase capacity at the junction by creating an additional lane on the approach to the junction from Cullompton, to provide two lanes in each direction on the motorway bridge, the construction of new footbridges and full signalisation of the motorway junction.
The second pot of money will see £8.2 million of funding to implement the second phase of the new A361 junction to serve the Tiverton Eastern Urban Extension. Contractors for Devon County Council are currently on site implementing the southern side slip roads as part of phase one. Phase two of the junction will complete the full junction through the provision of an overbridge and north side slip roads, giving a full movement, grade separated junction.
Councillor Richard Chesterton, Cabinet Member for Planning, Economy and Regeneration said: “This is fantastic news for Mid Devon and demonstrates the government’s support for Mid Devon in providing infrastructure ahead of growth.”
Commenting on the success, Council Leader Clive Eginton, said: “This shows not only the quality of our own bids, but with success being repeated across the Greater Exeter area, also demonstrates the value in working at scale to show combined impact and grab the attention of government”.Posted in: Planning