Major plans to develop junction and road improvement schemes through a £49m programme of work between Ashby and Coalville will be discussed by Leicestershire County Council next week (23 March).
The county council’s A511 Growth Corridor is one of seven schemes – and the only one in the East Midlands – being put forward to a £3.5 billion Major Roads Network (MRN) ‘pot’ by Midlands Connect.
The scheme proposes improvements to eight junctions along the A511, including a new link road off Bardon Road and a dual carriageway between Thornborough Road and Whitwick Road.
The council is anticipating a Department of Transport (DfT) decision on the funding bid in the next few months.
For the £49m project, Midlands Connect is bidding, on Leicestershire’s behalf, for around £42m from the MRN fund.
The remainder will come from around £7m worth of developer contributions as part of a funding strategy developed with North West Leicestershire District Council, which is working closely with the county council on a joint goal of delivering growth in the area.
Around £4m has also been set aside by the county council to complete detailed designs of the scheme, develop and submit the application and make other necessary preparations to progress the scheme, with support from the Leicester and Leicestershire Enterprise Partnership (LLEP) and Midlands Connect.
The A511 proposals will be discussed by Cabinet on Tuesday, 23 March at 2pm.