From Brighton & Hove News –
The government has said that it will put £17 million towards two key projects in Brighton, using money from the Local Growth Fund.
The money accounts for more than a quarter of the £66 million allocated to the Coast to Capital Local Enterprise Partnership (LEP) area which stretches from Croydon via Crawley to Chichester and Newhaven.
The Greater Brighton Economic Board co-ordinated the local bids including the two projects championed by Brighton and Hove City Council which have garnered £17.6 million between them.
The board said that £12.1 million would go towards the Black Rock part of the £540 million Brighton Waterfront project.
The Brighton Waterfront project involves extending the Churchill Square shopping centre down to the seafront. The Brighton Centre will close and a conference centre and arena will be built at Black Rock instead.
The Bio Innovation Centre has been awarded £5.5 million to act as a business incubator for new life sciences projects. It will be housed in the £99 million new Life Sciences Building planned for the Sussex University campus at Falmer. The building is expected to be granted planning permission on Wednesday (8 February) in a meeting at Hove Town Hall.