38 investment sites, strategically selected to maximise growth potential across Norfolk and Suffolk, will be showcased at the UK’s largest property and investors exhibition this week.
The two counties are taking their inward investment offer to MIPIM UK at Olympia London on Wednesday 17 and Thursday 18 October.
Norfolk and Suffolk will once again be promoted under the joint brand of the East at the event, which is expected to attract 3,000 participants across the two days. This is the East’s third appearance at MIPIM UK, and with 38 sites offered for investment across every district in Norfolk and Suffolk, its most comprehensive offer yet.
The sites listed in this year’s Invest East brochure have been specifically selected to maximise the potential for economic growth, as outlined in the Norfolk and Suffolk Economic Strategy. As such they are located in key growth areas for the region, including Great Yarmouth and Lowestoft, King’s Lynn, Ipswich, Norwich, and the A11 and A14 corridors.
Among the sites are a number which are ‘oven ready’ for development, including:
- Suffolk Park, Bury St Edmunds: 18ha of commercial space including R&D, logistics, light industrial and offices. Part of New Anglia’s Space to Innovate Enterprise Zone.
- Nelson Quay, King’s Lynn: 4ha of residential and 0.8ha of commercial space have been outlined on this waterfront site. The promotor is seeking a joint venture, developer partner or investor to deliver the project.
- Beacon Park, Great Yarmouth: 17ha premium business site, with a cluster of leading energy sector companies. Part of New Anglia’s Great Yarmouth and Lowestoft Enterprise Zone, with a 10ha extension approved in 2017.
- Sproughton Enterprise Park, Ipswich: 10ha site, particularly suitable for logistic and distribution uses, together with an 80-bed hotel. Part of New Anglia’s Space to Innovate Enterprise Zone.
A downloadable version of The East brochure, plus an interactive map featuring detailed information on all 38 investment sites, is available on the LEP website at: https://newanglia.co.uk/inward-investment/
The East will be located on Stand J21, where delegates will be on hand to offer potential investors detailed information on the 38 investment sites. They will also provide an overview of the East, including its connectivity to Europe and the rest of the world, its 250 hectares of Enterprise Zone sites and comparative advantage in sectors including clean energy, life sciences and agri-food and ICT and creative industries.
On day one of MIPIM UK, the East will host a reception in the Business Showcase Lounge (3pm, Wednesday 17) with the opportunity to hear from the Chairman of Homes England, Sir Edward Lister, and John Howard, Managing Director of Ipswich Wharf Developments and the driving force behind the development of the Winerack in Ipswich.
Doug Field, chair of New Anglia LEP, said: “This is the most comprehensive investment offer we’ve taken to MIPIM, highlighting 38 sites across Norfolk and Suffolk that provide high quality space for developers, investors and growing businesses from across the UK and the world.
“But our offer is about more than those individual sites. It’s also about our two successful Enterprise Zones and the advantages they offer businesses. It’s about our infrastructure and connectivity. And it’s about the access to our globally renowned expertise in sectors such as clean energy, life sciences and agri-food and ICT and creative industries. This is our all-round offer to the world, and I’m confident MIPIM UK will once again prove a success for the East.”