Crucial improvements will be taking place to help ease congestion at busy Marlow junction which causes major delays for the town.
The traffic from the Westhorpe junction restricts access to the Globe Business Park, a major local economic hub.
Globe Park has seen problems with access delays from congestion in the past – with last year around one third of the business park’s commercial site being empty.
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A new left-hand lane on the northbound exit from the A404 into Parkway will be added with a part-time traffic signal be installed on the roundabout.
Work begins on February 8 as Buckinghamshire Council will start necessary clearance of vegetation at the start of spring.
To minimise travel disruption, work will take place using lane closures on the slip roads and on the roundabout during off-peak daytime hours only.
Westhorpe junction in Marlow - the roundabout with the A404 and the A4155
Nick Naylor, Buckinghamshire Council Cabinet Member for Transport, said: "We've now secured the funding for the improvement scheme at Westhorpe Junction, which has been long awaited by the local residents and businesses who have to use this busy A404 interchange.
“Work will begin in the summer once it's been given the formal go-ahead by the Council, but in preparation we're clearing the vegetation now before spring arrives and the birds start nesting".
The project is being funded by several funding streams including a £1.187 million grant from Highways England Growth and Housing Fund, £550,000 from developers, and the remaining funds from Buckinghamshire Local Enterprise Partnership.
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Richard Harrington, Chief Executive of Buckinghamshire Local Enterprise Partnership, said: "We are delighted to be supporting this scheme with funding to support major improvements to Marlow’s Westhorpe Interchange and improve access to and from the Globe Business Park.
“This is a fantastic opportunity to make it easier to attract new businesses, new skills and new talent to an important business centre with a strong reputation.”
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