This is a post I wrote back in September about the derelict site on Grafton Way which was once earmarked for a £90M investment comprising a hypermarket, hotel and piazza facing the Waterfront. That is it was until Labour got back into power in 2011 when they made it perfectly clear to Tesco they didn’t want their money or jobs. Today, the funeral took place when Tesco decided enough was enough and pulled their final planning permission for a much scaled down development on the site.
RIP Ipswich economic development. No flowers.
During the Conservative-Liberal Democrat Ipswich Borough Council controlled days Tesco approached the Council with a very large cheque book and requested permission to build a new superstore, a hotel, a piazza, apartments and smaller retail units on the former B&Q site on Grafton Way. Tesco also offered – if they achieved planning permission for the Grafton Way site – to pay for new traffic flow improvements where the flawed double roundabout currently exists outside the Novotel hotel. Total investment would be £90 Million from Tesco. Total jobs would be 900. And that’s not counting the construction jobs which local firms would have enjoyed during the build stage.
The Conservative-led council weighed up the pros and cons of such a development (cons very difficult to envisage) and duly gave Tesco planning permission and looked forward to the massive investment and jobs Ipswich was soon to enjoy. Labour had vigorously opposed the…
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