Getting Building Fund Capital Projects Underway 2022-2023
Category Project Name Anticipated
Project Cost
Total GtgBF
Award
Regeneration Burtons Creative Hub £6,500,000 £3,000,000
Cultural Sector Great Yarmouth Strategic Seafront Regeneration £26,000,000 £2,500,000
Regeneration Cornhill Redevelopment, Bury St Edmunds £9,800,000 £2,750,000
Clean Energy/Resource Efficiency GY Operations & Maintenance Campus £18,000,000 £6,000,000
Regeneration North Walsham Town Centre Revitalisation £1,600,000 £1,170,000
Clean Energy/Resource Efficiency Micro- Generation & Storage of Electricity £1,600,000 £800,000
Digital Infrastructure Suffolk Broadband £16,225,000 £2,500,000
Digital Infrastructure Local Full Fibre Network, Norfolk £2,056,320 £2,056,320
Health and Wellbeing Integrated Care System Academy, Ipswich £13,000,000 £4,000,000
Innovation Broadland Food Innovation Centre £11,580,000 £2,700,000
Totals: £106,361,320 £27,476,320
Getting Building Fund Progress Toward Forecast Outputs
Output Category Forecast to
2024/25
Actuals to date % of 2025
forecast met
Forecast for
2022/23
Jobs Created (Incl. Apprentices) 545.0 5.0 1% 289.0
Additional Construction Jobs 85.0 15.5 18% 70.0
Safeguarded Jobs 1,070.0 1,093.6 102% 0.0
New Homes 24 0 0% 24
New Commercial Floorspace 16,576 0 0% 11,586
New R&D Floorspace 601 370 62% 231
Institutions Assisted 408 74 18% 46
Super/Ultrafast Broadband connections 5,264 2,045 39% 3,819
Learning Space 4,500 0 0% 4,500
Learners Assisted 385 0 0% 125
Public Realm or Green Space 6,154 0 0% 6,154
CO2 Avoided 280,900 0 0% 84,900
Public investment (£M) £75,522,930 £28,055,896 37% £30,362,233
Private investment (£M) £13,180,516 £10,087,332 77% £4,312,520
Getting Building Fund
New Anglia LEP was allocated £32.1m from the Getting Building Fund at
the beginning of August 2020 for a wide-ranging package of projects that
will support the local economy.
In Norfolk and Suffolk, the funded projects are expected to
deliver benefits throughout the two counties, focussing on key
sectors including tourism, food production, health and social
care, and energy. The funding will enable a number of local
market towns to become more resilient. Direct support has
been given to businesses through the Business Resilience and
Recovery Scheme. There is more emphasis on green recovery
and cleaner, sustainable growth, with the indicative outputs
including green space, energy efficiency and greenhouse gas
emission savings.
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