States stops potential £35m Bridge investment

Public investment in the Leale's Yard regeneration scheme at The Bridge has been stopped, the States of Guernsey has announced.

It comes after the States Assembly had agreed in principle to invest up to £35m in The Bridge regeneration project, which included improving coastal and flood defences as well as building new homes.

Deputy Lyndon Trott said: "This project has now been progressed as far as the States can invest."

He added the States would now continue to focus on improving the delivery of "needed housing development" and would continue to invest resources in "other projects and initiatives as part of the wider Bridge regeneration".

Trott said the other projects and initiatives included:

• Enabling flood defences at The Bridge
• A delivery framework to co-ordinate delivery of housing sites and infrastructure
• Supporting the Guernsey Development Agency
• Approving the Local Planning Brief for St Sampson Harbour Action Area

He said: "We expect to be able to share positive updates on the progress of these initiatives for the community in due course."

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