The proposals include the upgrading of the existing A9/A904 road network between the Falkirk Gateway development site, the Falkirk Stadium site, the Helix and Kelpies Hub, Forth Valley College and the M9 Junction 6 Earlsgate Interchange.
These proposals will improve vehicle movements and accommodate increased traffic flow along with additional controlled crossings to allow for safe movement of pedestrians and cyclists along the route.
The project is being part funded through Falkirk Council’s Tax Incremental (TIF) funding mechanism. This is a way of local authorities financing debt through future business tax revenues generated by the new or improved infrastructure.
The TIF scheme is a significant initiative delivered in partnership by the Council, the Scottish Government and the Scottish Futures Trust and aims to boost the area’s economy.
Business rates, normally allocated to the Scottish Government, are ring fenced to fund the TIF programme, so none of the investment comes from the Council’s budget.
The project is also part funded by the UK Government.