Partly Cloudy

Partly Cloudy

max temp: 29°C

min temp: 18°C

Search

Controversial £12.5m homes project at Ferry Road, Felixstowe, set to start

PUBLISHED: 14:27 12 October 2017

Scene from the central open space - a computer-generated image of how thew new homes off Ferry Road, Old Felixstowe, will look. Picture: GENERATOR GROUP

Scene from the central open space - a computer-generated image of how thew new homes off Ferry Road, Old Felixstowe, will look. Picture: GENERATOR GROUP

Archant

Work is set to start on the controversial construction of 197 new homes on farmland on the edge of Old Felixstowe after a £12.5million deal was concluded to finance the project.

A computer-generated image of how thew new homes off Ferry Road, Old Felixstowe, will look. Picture: GENERATOR GROUPA computer-generated image of how thew new homes off Ferry Road, Old Felixstowe, will look. Picture: GENERATOR GROUP

Generator Group has been granted planning permission for the development, of which one-third will be affordable homes, in Ferry Road.

It has now agreed a revolving debt package with investors Wellesley Group to develop the 11-acre site.

Residents in the area, and some community leaders, had been against the project, worried about the impact it would have on adjoining countryside, and particularly the traffic it would generate on narrow country lanes and past a school.

Paul Isaacs, managing director at Generator, said: “This is our first deal with Wellesley and it is great to be working with a lender that is experienced and knowledgeable within the residential property sector. We are looking forward to delivering this new development for Felixstowe and to work with the team on this and future projects.”

A computer-generated image of how thew new homes off Ferry Road, Old Felixstowe, will look. Picture: GENERATOR GROUPA computer-generated image of how thew new homes off Ferry Road, Old Felixstowe, will look. Picture: GENERATOR GROUP

The debt package will enable Generator to deliver a mix of one, two, three and four-bedroom houses, and apartments. The company will also build the associated roads, infrastructure, car parking, landscaping and public open spaces.

The site borders an Area of Outstanding Natural Beauty, and the developers say it has been designed to complement the natural surroundings, with a tree-lined boulevard at its entrance, extensive landscaping and a buffer of trees along the site boundary.

There will be public open space at the centre of the development to create a focal point and will incorporate a children’s play area.

Generator director Edward Orr said: “We are pleased to be moving ahead with the delivery of this key housing site that will deliver a significant number of high quality new homes for the local area. Felixstowe’s housing needs continue to grow, particularly with ongoing expansion of the port.

“Our site occupies a prestigious location within the town on the edge of Old Felixstowe and close to the coast and countryside, so we expect homes here to be in high demand.”

Andrew Turnbull, managing director at Wellesley Group, said the company was delighted to be providing the flexibility in the finance needed for the project.

Suffolk and Essex are experiencing the hottest say of the year so far - with the Met Office reporting temperatures of 33.3C in Santon Downham in Suffolk.

A busy Suffolk junction has reopened after an air ambulance landed to take a woman to hospital following a serious crash.

Father Christmas is coming early to Felixstowe - with a fun summer holiday event which has a serious purpose.

Extreme heat has contributed to delays in the re-opening of the leisure pool at Ipswich’s Crown Pools.

Kesgrave Community Library went Paw Patrol mad at the weekend as the library celebrated the start of county’s Summer Reading Challenge.

Do you recognise anyone in our Yates photo gallery? All pictures were taken in Ipswich on Saturday, July 21.

Stargazers are eagerly looking forward to the first total lunar eclipse for several years on Friday - but there are doubts over what weather conditions will be like.

Craig David’s performance at Newmarket Racecourses on Friday was better than I could have ever imagined.

The lack of rain - and the scorching temperatures which have dominated the past few weeks - has left some concerned about the threat of a hosepipe ban in East Anglia.

A spectacular scene is set to unfold in the sky this month with the first total lunar eclipse for several years.

Most read

Show Job Lists

Topic pages

Newsletter Sign Up

Ipswich Star daily newsletter
Sign up to receive our regular email newsletter

Our Privacy Policy

MyDate24 MyPhotos24