Lowestoft welcomes “once in a lifetime” investment programme

Lowestoft regeneration investment
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Lowestoft is set to benefit from tens of millions of pounds in investment this year, with projects such as the £126m Gull Wing bridge and the refurbishment of East Point Pavilion set to begin in the coming months.

 

The East Suffolk town will also see its tidal defences enhanced, the Jubilee Parade revamped, and the council’s Smart Towns connectivity pilot scheme rolled out across the area.

“I think this is once in a lifetime,” East Suffolk Council’s cabinet member for economic development Craig Rivett told the Lowestoft Journal. “To see all of this opportunity to come at this time, it is the biggest catalyst of an opportunity that I think Lowestoft could have.”

Funding for the Lake Lothing Third Crossing, or Gull Wing, was confirmed in chancellor Rishi Sunak’s autumn spending review last year, with work now set to begin in the spring before completion in 2023.

Work on the £43m tidal barrier and flood defences will begin around the harbour area and Hamilton Road and Waveney Road before summer, significantly lowering insurance costs for businesses in the area, such as the South Pier.

The East Point Pavilion also received £720,000 in Towns Fund investment, with its renovation as a new food hall housing pop-up vendors confirmed for the end of March.


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