Inward Investment in Ipswich
One of the central pillars for the Ipswich Vision project is inward investment. This is all about driving new business to the town, improving infrastructure and creating the right environment for a better and more prosperous town.
The 3 key priorities are: creating a thriving town centre, supporting a sustainable transport network and forging closer links between the town centre and the Waterfront.
Like many towns and cities, Ipswich suffered a great deal in the last recession and we have had many visible signs that investment has stalled. However, a quick walk around town now shows that investment and confidence is returning.
The Vision partners are working closely to ensure that this continues; liaising to develop and explore funding and bids to assist new projects.
There are sectors that have been identified having a particular significance to the area: ICT and creative industries; visitor economy; energy; and education. The New Anglia Local Enterprise Partnership has identified Ipswich and the surrounding area as a ‘Priority Place’. This is an area where the evidence has shown there are significant opportunities and commitment for continued growth.
Over the last few years at least £18.5m has been committed with more in the pipeline. Major projects include: the Cornhill regeneration; refurbishments to the Buttermarket and Sailmakers Shopping Centres; opening of the Ipswich Waterfront Innovation Centre; Flood Defence Scheme; the Winerack; and the Maltings Office development on Princes Street.
There have also been improvements to the Ipswich Railway Station, the opening of Birketts Head office on Princes Street and the opening of the new Crown Street Car Park. Work is also now underway to build The Hold; a flagship heritage centre to be located near the University.
The challenge going forward will be to maintain this momentum and really support our local businesses who want to expand and invest in the area, but also to look for interest nationally and internationally. Ipswich is close to London and has strong trade links to Europe via Felixstowe and further afield via Stansted, making this a great place to invest in. If you would like more information regarding inward investment in the area go to