Laura Sharman 21 April 2017

Funding boost for stalled 'Winerack' building

The redevelopment of the ‘Winerack’ building on Ipswich waterfront has been given a £20m boost, eight years after work stalled following the recession.

The investment - £15m from the Homes and Communities Agency and £5m from New Anglia Local Enterprise Partnership – will see work on the long-delayed town centre project begin again later this year.

Regatta Quay – known locally as the Winerack – has been in a semi-constructed condition since the financial crash of 2008.

The completed project will create 149 residential units and 5,000 square feet of commercial space.

'The unfinished Winerack has been an all too visible blot on the Ipswich landscape for too long,’ Said the leader of Ipswich Borough Council, David Ellesmere. ‘As long as it exists it will put off developers who might invest in our town.

‘This is a very significant investment by New Anglia LEP and the Homes and Communities Agency and one we should all welcome. It is yet another example of the huge improvements we are now seeing in Ipswich as a result of all the partners in Ipswich Vision working together.’

Nick Walkley, chief executive of the HCA, added: “This is a great example of how government-backed investment can get cranes and diggers back on stalled building projects and start creating new homes and jobs.’

Ipswich Wharf Developments (IWDL) is led by local developers John Howard and Jeremy Scowsill.

Photo: Daniel Fisher

SIGN UP
For your free daily news bulletin
Highways jobs

Assistant Service Manager

Barnsley Metropolitan Borough Council
£37,938 - £40,476
At Barnsley Council you can start a career that makes a real difference to people’s lives. Barnsley, South Yorkshire
Recuriter: Barnsley Metropolitan Borough Council

People Support (HR) Advisor

Essex County Council
£26090.00 - £30693.00 per annum
People Support (HR) AdvisorSecondment, Full Time£26,090 to £30,693 per annumLocation
Recuriter: Essex County Council

Adults Social Worker - Older Adult Mental Health

Essex County Council
£37185 - £50081 per annum + Flexible Working, Hybrid Working
Interview date
Recuriter: Essex County Council

Mobile Library Supervisor

Essex County Council
£23344.00 - £26011.00 per annum + full time equivalent
Mobile Library SupervisorPermanent, Part Time£23,344 up to £26,011 per annum (full time equivalent)Location
Recuriter: Essex County Council

Residential Assistant

Essex County Council
£25081.00 - £25395.00 per annum
Residential AssistantPermanent, Full Time£25,081 up to £25,395 per annumLocation
Recuriter: Essex County Council
Linkedin Banner