£600M INVESTMENT INTO CITY
“Great progress has been made so far in enhancing Sunderland” COUN HARRY TRUEMAN
Council bosses say more than £600million is set to be invested in Sunderland over the next six years – as spending since 2015 reaches almost £1billion.
An update on Sunderland’s 3,6,9 Vision – launched in 2015 with the aim of transforming it as a place to live and work – reveals the progress so far and highlights the ongoing commitments from the private sector, including more development in the city centre.
The 3,6,9 Vision was drawn up by Sunderland’s Economic Leadership Board, which includes Sunderland City Council, developer Siglion, the University of Sunderland, Sunderland College, Gentoo, City Hospitals and the North East BiC, as well as a number of city businesses.
The plan was designed to create a programme which would dramatically change the city physically, create thousands of jobs and nurture the cultural profile.
Developments worth an estimated £927.4million have either been completed or commenced since 2015 and more than 5,000 jobs created, according to newly collected data from Sunderland City Council.
Investments include the Northern Spire bridge, work on the Vaux Brewery site, continued investment in Port of Sunderland, and the development of a £3million restaurant, café, heritage centre and dance studio at the Old Fire Station, off High Street West.
By 2024, a further £626 million worth of development is planned in the city.
City council leader Coun Harry Trueman said: “Great progress has been made so far in enhancing Sunderland as a place to live and work and in unlocking its huge potential through the 3,6,9 Vision.”