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Stirling project receives £19 million funding boost

A project to regenerate part of Stirling has received £19 million in Government funding.

The Forthside development is one of 10 projects in Scotland to be given money from the Levelling Up Fund.

Up to 1,000 new jobs could be created as part of the regeneration.

Council Leader Chris Kane said: “Securing this substantial funding for the development at Forthside is fantastic news for Stirling and the wider economy.

“The funding will enable the transformation of a key area close to the city centre and major transport links, unlocking opportunities for local businesses and inward investment that haven’t been seen in Stirling for a generation.

“Regenerating this prime underutilised site is expected to create 1,000 additional jobs and deliver enhanced sustainable transport connections between the city centre, our communities and the wider region.

“This major funding boost also supports the delivery of the Stirling and Clackmannanshire City Region Deal by providing attractive space for business growth and builds on the significant success of Kildean Business Park, headlined by M&G’s investment of over £20m in new office accommodation.”

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