The major part of the Peaks Parkway Scheme was the construction of the road along a portion of the former Grimsby to Louth railway line and this was undertaken by the new North East Lincolnshire Council which was an amalgamation of the former Grimsby and Cleethorpes District Councils. Fortunately, the same officers that worked on the scheme prior to disbanding the County Council, were available to implement the scheme which was completed in October 1998. Phase 3 created a new traffic signal junction at Victoria Street, Frederick Ward Way and Ellis Way (named after a prestigious Grimsby Councillor, Peter Ellis). A new underpass was built beneath Pasture Street and the Grimsby Town to Cleethorpes railway during which several night time rail line possessions from British Rail, to allow the bridge deck to be slid beneath the rail lines.