Construction works to regenerate a vacant industrial zone and attract businesses in Lowestoft is underway.
A groundbreaking ceremony was held by SEH French on February 1 to mark the start of works on Newcombe Road, on the site known locally as the Power Park.
The development, named The Nexus, will include 16 contemporary business units with car parking, cycle storage and necessary infrastructure works.
Cllr Paul Ashton, East Suffolk Council’s cabinet member for Corporate Services - Digital, Customer Services, HR, and Assets, said: “We are delighted that construction at the Nexus is underway at a location which we hope will become a natural hub for clean energy companies, appealing to both start-up and more established businesses.
"East Suffolk Council wants to welcome companies who are committed to a low carbon future and the many high-quality jobs that will offer. This is a landmark moment for Lowestoft and underlines our commitment to a sustainable, thriving economy for the town."
The site is being constructed by SEH French and has been designed by Concertus Design & Property Consultants Limited.
It aims to attract businesses of various sizes to Lowestoft as part of East Suffolk Council's plans to revitalise the area.
Simon Hubert, Contracts Manager at SEH French, said: “This a fantastic project for the town and will undoubtedly attract businesses to the area.
“Lowestoft has lots of potential and we are delighted to be involved in the construction of The Nexus.
“We look forward to seeing the development progress.”
James Bailey, Principal Architectural Designer at Concertus Design & Property Consultants Limited, said: “This project will be seen as a flagship project for the area and one we are thrilled to be a part of.
“A lot of effort and hard work has gone into the design and delivery of the project so far with all the members of the design team and client team working extremely well together to get the project to this stage, so we are excited to celebrate this milestone today.”
The development is due for completion in Autumn 2024, with businesses interested in the units asked to contact Bycroft Commercial on 01493 844489.