Author: City of Preston, Council

Category: City Investment Plan

Published/Created by: Preston City Council

Link: https://www.preston.gov.uk/article/2801/Preston-s-City-Investment-Plan

https://www.investprestoncity.com/article/3204/City-Vision-and-Strategic-Priorities

Preston's City Investment Plan is a 15 year vision for Preston setting out Preston's long-term objectives and strategy to transform the city, targeting resources and aligning public and private sector investments to respond to needs and capitalise on opportunities for positive change. The strategy is centred on investment priorities to support the people of Preston with a focus on sustainable and shared prosperity for its communities. At a time when the COVID-19 crisis is deeply affecting the city's residents and businesses, the long-term strategy will make a significant contribution to its recovery.

Strategic Priorities

Over the past few years stakeholders in Preston have committed to the following strategic priorities driven by the challenges and opportunities the city and wider county faces. This provides the foundations for the 15-year plan:

• Transforming Preston's cultural infrastructure, focusing on cultural and leisure facilities, spaces and programmes 
• Expanding and diversifying the housing supply to significantly boost city centre living
• Delivering a ground-breaking approach to community health and wellbeing in the city
• Supporting Preston's economic recovery, skills, growth and resilience
• Achieving a step change in sustainable movement and accessibility in the city by delivering the Preston City Transport Plan 
• Delivering a new commercial district at Preston Station Quarter

Preston's City Investment Plan has a strong strategic fit aligning with priorities, strategies and plans at a both national and Lancashire level. The plan supports sustainable economic growth, including a focus on clean growth, as well as supporting the UK's overarching Government's Plan for Growth, a response to bring about economic activity post Covid-19 (formerly the 2017 Industrial Strategy).