A review of North Wales Growth Deal projects by Ambition North Wales freed up an initial £51m of funding. This was followed by and expression of interest process where our partners put forward their public and private sector proposals.

The projects demonstrating strongly on impact, deliverability, and aligning with Growth Deal aims, have been placed on a Reserve List. They are now being given the opportunity to bid for part of the unallocated Growth Deal funding in future.

This aims to accelerate regional growth through the delivery of sustainable economic projects across North Wales, which will generate jobs and meet environmental commitments. 

The projects on the reserve list are listed below:

Adventure Parc Snowdonia

Deliver a nationally significant new visitor experience on the site of the former Adventure Parc Snowdonia facility.

Albert Gubay Business School

Construction of the Albert Gubay Business School at Bangor Univeristy.

Bangor Health Hub

To develop an integrated Health and Wellbeing Hub in a vacant former shopping centre in the heart of Bangor city centre.

Business Gateway

Serving as a bridge between Wrexham University and local industry, fostering collaboration, innovation, job creation and inclusive economic growth.

Innovation and Growth Fund

To support North Wales businesses in agri-food, tourism, and high-value manufacturing to boost innovation, adopt new tech, and grow regional competitiveness.

Kinmel Studios

A project to support the film industry in North Wales. 

NEW-H2

This project will help kick-start the hydrogen economy in North Wales by supporting and delivering a hydrogen hub to include the supply and use of hydrogen.

North Anglesey Sites and Premises

Delivering 2,200sqm of business space in North Anglesey creating at least 59 jobs, and leveraging the Freeport and low-carbon energy growth.

Parc Bryn Cegin - Phase 2

The delivery of a further 20,000 sq ft of employment units at Parc Bryn Cegin. 

Peboc Gateway Sites

Unlocking 6,750sqm of business space in Llangefni, creating at least 186 jobs and maximising benefits of the Anglesey Freeport.

Port of Mostyn

Upgrading berth and regeneration of former industrial site.

Project Prince

Construction of 110kt rock mineral wool plant with submerged arc furnace (SAF), primarily to serve the UK and Ireland markets.

Property Fund

A Commercial Property Development Grant to close viability gaps for private sector developers of industrial and office property, with funding also available for similar public sector developments on a Joint Venture Agreement basis.

Quarry Battery

A £300m Pumped Storage Hydro / BESS Hybrid scheme in North Wales.

Queens Market Hotel Development

Provision of mid-range, mid size hotel - a key part of a wider masterplan that is currently being developed for the area.

Society 5.0 - Manufacturing and Capability Project

Enhance the Enterprise Engineering and Optics Centre to enable industry to access further world-class high precision engineering resources.

St. Asaph Business Park - Move on Accommodation

Development of high-tech industrial units on St. Asaph Business Park.

Trawsfynydd

A scheme which will include a building to include office spaces, laboratory spaces (exact specification to be confirmed) and ancillary facilities (meeting space, café/canteen etc), to support the nuclear and low carbon energy industry together with the scientific community, located on Trawsfynydd Site.

 

Venue Cymru

A project that will expand facilities at Venue Cymru, boost jobs, cut carbon, and attract major shows, conferences, and cultural investment.

 

Wrexham Gateway

To address viability and support delivery of the evolving Wrexham Gatway project.