Construction on the new Gedling Access Road (GAR) is expected to begin today (January 6).
Main construction work is expected to last 18 months and should be complete in the Autumn of 2021.
The green light to begin construction work was given after the D2N2 Local Enterprise Partnership approved its share of funding for the project.
D2N2 will contribute £10.8m from its Local Growth Fund allocation towards the construction of the new road. D2N2 is funding the project in line with its remit to support economic growth across Derbyshire and Nottinghamshire to create a more productive, sustainable, and inclusive region.
The partnership said the investment in the new access road will result in unlocking significant new jobs and homes for the area whilst creating a more sustainable and reliable transport infrastructure for Gedling borough and the surrounding area.
The £10.8m contribution from D2N2 is part of an overall package of funding which includes £17m from Keepmoat Homes, £5.4m from Nottinghamshire County Council, and £7.1m from the Home & Community Agency totalling over £40m.
D2N2 Chair Elizabeth Fagan said: “The construction of the Gedling Access Road is a huge opportunity for unlocking new housing and employment for Gedling.”
“High quality and reliable infrastructure is critical to giving businesses the confidence to invest in our area and therefore create further opportunities for the whole region to enjoy.”
Minister for Local Growth Rt Hon Jake Berry MP said: “We are committed to boosting economic growth across the Midlands Engine and levelling up every place in the country.”
“Thanks to £10.8 million of Government investment from our Local Growth Fund, people across Nottinghamshire and Derbyshire will benefit from a modern, sustainable transport network with faster, less congested roads and increased accessibility with improved cycleways and footpaths. Our ambition is to build on these investments and unleash the economic potential of the region by supporting job creation, building new homes, and boosting clean growth.”
Councillor John Cottee, Chairman of Nottinghamshire County Council’s Communities and Place Committee, said: “We are delighted to mark the start of a new decade with the Gedling Access Road construction.”
“This is just one of our commitments to new highways projects and we will continue to work closely with our partner agencies throughout the construction period to ensure that the project delivers benefits to the local community and the county as a whole.”