February 24, 2016 3.44 pm This story is over 93 months old

Lincolnshire sites totalling 700 acres to be promoted to international investors

Team Lincolnshire: Development opportunities will be highlighted to potential investors in Lincoln and Lincolnshire at an international property market.

More than 700 acres of development land will be showcased by Team Lincolnshire at the international property event MIPIM 2016 next month.

As previously reported, the team, brought together by the Greater Lincolnshire Local Enterprise Partnership (GLLEP) to promote the area, consists of 22 members who will be ambassadors for the county at the four day event starting on March 15.

This year will see the team produce a Greater Lincolnshire Pitchbook, part of The Midlands Pitchbook for the first time, which will include investment opportunities in the county.

While at MIPIM the GLLEP will be looking for development and financial partners for a number of sites equating over 700 acres, including:

  • Mixed use regeneration land close to Lincoln city centre
  • Three development sites around the new east/west link highway in Lincoln
  • One the Brayford, residential and commercial build of 69 apartments, office space and three restaurant units in Lincoln city centre
  • Food enterprise zones in Lincoln, Grimsby and Holbeach
  • Housing development opportunities – 100,000 new homes by 2031 across Greater Lincolnshire
  • Lincolnshire Lakes, new residential development in Scunthorpe
  • Grantham town centre regeneration scheme and employment land along the A1
  • £29 million Lincoln Transport Hub
  • Lincoln Science and Innovation Park
  • Mixed use land for sale in Grantham

Already the county is benefiting from a multi-million pound Growth Deal investment, which will allow for additional opportunities over the coming years.

The deal means that there will be over £48 million in investment in 2015/16 followed by another £63 million from 2016/17 onwards.

Ruth Carver, GLLEP Director, said: “MIPIM attracts thousands of investors and developers from across the globe and is an opportunity to sell Greater Lincolnshire from a level playing field amongst not just UK and European cities, but also international ones.

“Our aim of attending MIPIM is to attract further investment into Greater Lincolnshire for the benefit of all its residents.”

Team Lincolnshire member Nick Gibb, deputy managing director at contractor Willmott Dixon, said: “Greater Lincolnshire has plenty of opportunities for growth and investment and an example of this is the Lincoln Transport hub development – a significant project for the area that we are pleased to be delivering.

“The transport hub is a crucial aspect to the city centre’s regeneration, which will benefit residents, businesses and visitors – and importantly help to prepare the growing city for further development.”

Dominic Jackson at Jackson & Jackson developers, also a member of Team Lincolnshire, said: “We are very proud to be involved in what will be Lincoln’s premier city centre residential and leisure development One the Brayford. This site will bring much needed, quality accommodation and enhance Lincoln’s leisure offer in a popular area of the city and is an ideal scheme to attract inward investment.”