The Government has announced that all Regional Development Agencies (RDAs), including SEEDA, will close by 31 March 2012.
Responsibility for economic development and regeneration in England is being passed onto successor bodies, including Local Enterprise Partnerships (LEPs) and central Government departments
Our objective is to ensure a professional and cost effective closure by this date. We have pledged to work closely with our partners, contractors and stakeholders to ensure that the past and future economic benefits of key programmes and assets continue to deliver the greatest economic value for the South East and value for money for the taxpayer.
Please click here for more details about our closure plan, transition arrangements and successor organisations.
SEEDA is working closely with Portsmouth City Council to realise the full potential of this challenging 54 acre site on either side of the M275.
It presents a unique gateway into the city with the potential for a major mixed-use development to incorporate around 1,600 new homes, 25, 000 square metres of employment land with the potential for a Park & Ride facility.
The regeneration of the Tipner site as a high quality gateway to Portsmouth is not only of significant importance to the City but one of the critical priority projects supported by the Partnership for Urban South Hampshire (PUSH). Delivery of the regeneration project would make a significant contribution to the sub-regional medium-term Housing and Employment targets in support of the Regional Economic Strategy.
The progress of this strategically important regeneration project received support in October 2008, with the inclusion of the proposed M275 junction in the Regional Transport Board’s programme for funding to the tune of £25million in 2010/11 and 2011/2012.
Portsmouth City Council and SEEDA have worked together to appoint planning and transport consultants to support a detailed planning application for the junction. Construction is programmed to start in late 2010.
This junction will allow access to the site for a major comprehensive development of a large brown field site.