Last week saw a meeting of the country’s largest construction firms, developers and local authorities at the RESI conference. On the table for discussion, amongst many other topics, were plans to develop large areas of coastal land in both Norfolk and Suffolk.
Taking place in South Wales and showcasing potential developments to investors from across the UK, the conference provided a real insight into the current state of the property market in the UK.
Also in attendance was New Anglia LEP’s managing director Chris Starkie, who joined a panel of local authority representatives at a session called ‘Time to look again at coastal communities’. This meeting looked at regenerating and developing opportunities in coastal towns.
Chris talked about the role which local authorities can play in ensuring sites are ready for building and that land is allocated for development. He said: ‘This is a great opportunity to talk about some of the development opportunities we have here in Norfolk and Suffolk. There are a range of exciting development opportunities here, including a number of interesting mixed use and residential sites.’
Adding: ‘Our coastal towns, from King’s Lynn and North Norfolk around to Great Yarmouth, Ipswich and Felixstowe, present opportunities for creative and innovative developments in primary waterfront or coastal locations. We’re keen to meet potential developers and investors who are interested in sharing in the economic success of the East.’
One of the key sites being showcased was the King’s Lynn Waterfront Regeneration Project. It’s a mixed-use development project that is set to offer riverside residential development opportunities.
Coastal development in East Anglia is another of the exciting development opportunities in the area. Along with the employment opportunities being created at both the university and business park, plus the transport infrastructure development offering reduced journey time to London, these new residential developments prove that Norfolk is a great place to invest.
If you would like more information about any of the development projects mentioned or to find more about coastal regeneration, then get in touch with our property experts at Agile. With decades of combined experience in the region’s development and property market, we are ideally placed to offer top advice to potential investors. From inside knowledge about planned developments, a network of contacts and proven track record in working with successful projects, we can help you get your foot on the investment ladder.
To find out more about the local and national property market, or if you would like to chat about anything to do with property investment, give us a ring on Norwich 01603 567804 or send us a message.
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