Physical interventions and investments
Transforming places > Physical interventions and investments
Physical interventions and investments
The East of England is one of the fastest growing regions in the UK, with three designated 'growth areas' and a target to deliver around half a million new homes and 440,000 jobs by 2021.
This requirement to build new homes and communities to support the success of both regional and the wider South East's economic performance poses a major challenge. New or revitalised existing developments must be places where people are proud to live, work and visit. In short, they must be high quality and sustainable.
EEDA is rising to this challenge and delivering a planned approach to sustainable growth across the region through its physical infrastructure investments.
Investment decisions are based on a number of underlying principles:
- ensuring that major settlements in the region have masterplans to guide high quality developments
- investing EEDA funds in major redevelopment projects at strategic sites across towns, cities and growth areas which would not have happened otherwise
- working with partners to deliver innovative pilot projects that will encourage developers and local authorities to think imaginatively and set high standards, for example in low carbon or high-density mixed-use developments
- supporting initiatives which build the confidence and skills of individuals and organisations to be creative, inspirational and better manage physical regeneration.
Where EEDA's investment is delivering value - and change:
- higher education infrastructure - ensuring high quality educational facilities are available to people across the region:
- University Campus Suffolk
- University of Essex
- urban environment improvements - making places safer, cleaner and more attractive thereby attracting visitors, businesses and residents to places:
- Integreat, Great Yarmouth, Norfolk
- Lowestoft town centre regeneration, Suffolk
- Basildon, Essex
- major projects that revitalise areas and attract longer term investment:
- Cranfield Mill, Ipswich, Suffolk
- Eastport Outer Harbour, Great Yarmouth, Norfolk
- Nar Ouse regeneration project - Kings Lynn, Norfolk
- Nene Waterfront, Wisbech, Cambridgeshire
- Southbank regeneration, Peterborough
- Colchester stadium, Essex
- supply of business land and premises - providing high quality premises for start ups and small to medium-sized enterprises (SMEs):
- Chatteris South Fens Business Centre
- Enterprise Workshops, Tilbury, Essex
- Watford Health Campus, Watford, Hertfordshire
- Axis Point, Hemel Hempstead, Hertfordshire
- Lucas Aerospace land, Hertfordshire
- the development of new residential areas to support economic growth:
- Sauls Wharf, Great Yarmouth
- "Fiddlers Reach", Thames Gateway, Essex
- cultural and green infrastructure
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