The Egremont Flood Risk Management Scheme is on track to be completed by Autumn.
The Skirting Beck and Whangs Beck Flood Risk Management Scheme will reduce the risk of flooding to 220 homes and businesses.
Four major flood storage areas are almost complete within the area including How Bank, West Lakes Academy, Falcon Club and Whangs Beck upper - with a scheduled finish date set for Spring.
All four flood storage areas will be able to hold a combined amount of around 21 and half Olympic swimming pools worth of water, during times of heavy rainfall.
Paul Robertshaw, project executive for the scheme, at the Environment Agency said: "The Skirting and Whangs Beck Flood Risk Management Scheme will not only better protect people and property from flooding but will create a better place for the community by providing an enhanced environment for wildlife to thrive.
"We are delighted to see the progress on this scheme and look forward to the benefits its completion will bring," he said.
At least 600 trees will also be planted as part of the scheme alongside providing the community with more sustainable drainage systems.
“The help and cooperation of local residents, West Lakes Academy, Falcon Club, schools and nurseries has helped this scheme come to fruition and I would like to take this opportunity to thank them for their continued support," Mr Robertshaw said.
“When complete the Skirting and Whangs Beck scheme will better protect 220 properties in the town of Egremont.”
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