19/01/17: Key district growth schemes reach major milestones
19 January 2017
Two key growth projects in Breckland which are expected to create or safeguard up to 5,650 jobs have reached major milestones.
Breckland Council's members voted today (January 19) to formally accept £450,000 towards the cost of constructing the proposed Thetford Enterprise Park (TEP) access roundabout. The money was previously secured from the Norfolk Business Rates Pool and the district council recently receiving confirmation from Norfolk County Council that the money could be used to help deliver the project.
At the meeting of full Council, members also agreed to formally accept a £2.3m grant from the New Anglia Local Enterprise Partnership - which was allocated towards the end of 2016 - to fund a major electricity upgrade at Snetterton Heath.
The decisions mean both growth projects, which seek to bring forward two major employment sites alongside the dualled A11, have officially received the green light to proceed. Snetterton Heath and the Thetford Enterprise Park fall within the heart of the new Cambridge to Norwich Tech Corridor.
They are expected to help release a combined 212 acres for employment within Breckland, with the 44 acre TEP due to deliver between 1,500 and 2,500 jobs when fully occupied and full utilisation of 168 acres of underdeveloped land at Snetterton Heath estimated to create 1,700 new jobs, while safeguarding a further 1,450 existing jobs.
Cllr Phil Cowen, Breckland Council's Executive Member for Growth and Commercialisation, said: "We strive to make the district a place where people and businesses can thrive and these important projects lie at the heart of our ongoing growth aspirations within Breckland. The Council's decisions today will help to unlock the full potential of these strategic sites and will not only enable existing businesses to develop and grow but attract new companies - and new jobs - to Breckland.
"Sitting alongside the dualled A11 and in the centre of the Cambridge to Norwich Tech corridor, these sites could be perfect for a number of business sectors including technology, engineering and manufacturing - and the Council is committed to do all that we can to make Breckland their destination of choice."
The TEP access roundabout is expected to cost around £2.2m and will be funded in part by the £450,000 accepted today with the remaining money coming from the New Anglia Local Enterprise Partnership. When built, the roundabout will unlock access to the site and enable it to be brought forward for employment use.
At Snetterton Heath, the £2.3m grant from the New Anglia Local Enterprise Partnership will enable the installation of high voltage underground cables from Attleborough to provide the power needed to facilitate the development of the key employment area.
The large industrial site, which lies both north and south of the A11, is nearing 100% power capacity. The power upgrade will enable existing companies to grow - creating and safeguarding jobs - while attracting new businesses to Breckland.
The upgraded power connection has been made possible thanks to an earlier investment by Breckland Council to secure the power option with UK Power Networks, a distribution network operator for electricity, while the Council worked to find the means to secure full funding for the project.
Last updated: 08/02/2017 12:16:10