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Economic Growth

The Council has economic growth as a key plank in its Council Plan for 2015-19 - supporting and encouraging business growth and development.

In 2016 the Council agreed its Business Growth Plan which sets out an ambitious strategy for economic growth in the borough. It looks at a number of sectors including tourism as well as encouraging investment and population growth through improvements to the areas liveability.

Allerdale Investment Partnership

Established in Spring 2014, Allerdale Investment Partnership (AIP) is an innovative partnership between Allerdale Borough Council and Lucent Strategic Land Fund.

By enabling the development of surplus land in the Council's ownership, AIP will help to support and sustain the growth and development of local communities across Allerdale by bringing new jobs, retail, housing and leisure facilities to the borough, as well as generating funds that the Council can then reinvest in the local community and support the services it offers.

Lucent Strategic Land Fund is a specialist in land acquisition, finance, town planning, infrastructure delivery and project management. Lucent is involved in multiple joint ventures and co-investments with financial institutions, local authorities and statutory bodies.

The Fund focuses on large scale regeneration projects across the UK incorporating land and infrastructure delivery for residential and mixed use development.

The partnership enjoyed its first success in October 2016 with the opening of the new Lidl in Maryport.

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Contact us

0303 123 1702

Allerdale Borough Council
Allerdale House, Workington, Cumbria,
CA14 3YJ