Council to takeover redundant land site

Council to takeover redundant land site

A problem piece of land at the heart of an ambitious energy park project in Great Yarmouth is being tackled with a compulsory purchase order (CPO).

Great Yarmouth Borough Council said its bid to buy the slice of redundant land at Millora Works is a step forward in its plan to create a 50-acre business park exclusively for firms connected to the energy sector. The almost two-acre plot at Admiralty Road/Fenner Road is described as “largely derelict.”

It is first time the council had exercised its CPO powers for land assembly at the site, having earlier described the option as a “last chance saloon.”

The park will be run by the Great Yarmouth Development Company (GYDC) – a joint venture between the borough and county council and could involve relocating firms not involved in the sector, freeing up space for new job creation.

GYDC chairman Cllr Ron Hanton said the land was “strategically important,” adding: “The Great Yarmouth Energy Park at South Denes aims to help ensure the borough and wider region is best placed to benefit from growth in the energy sector.

“Great Yarmouth has prospects of sharing in £50bn of investment in energy in the East of England over the next 20 years, including oil and gas exploration, gas storage and the new, growing areas of platform decommissioning and offshore windfarms.

“The fact that energy sector businesses continue to relocate to, and expand within, the borough indicates huge confidence in the local economy, the skills of the workforce, the port and business park facilities, and the Enterprise Zone and Core statuses.

“The development company is establishing the energy park to ensure that businesses continue to have suitable land available, close to the river port and outer harbour, so the borough is best placed to capture the anticipated future jobs, economic growth and regeneration opportunities.

“Work is progressing to gain control of key sites within the park. The Millora Works is a largely derelict and vacant site of just under two acres, which has been earmarked as strategically important to the scheme.

“It has not been possible to 
agree the value of the land with the current owner during some 
months of discussions, so compulsory purchase powers are being used as a last resort in the public interest.

“If the order is granted, the owner would be paid the market value of the land and any other compensation to which they are entitled under legislation. The council understands there is a temporary occupier on part of the site, who might also be entitled to compensation.”

The freehold of the majority of the proposed energy park land is owned by the council.

Great Yarmouth Energy Park will be marketed as a base for all businesses related to the offshore gas and wind industry supply chains and demand is anticipated from the East Anglia Array wind farm.

This article was provided by Great Yarmouth Mercury.  http://www.greatyarmouthmercury.co.uk/

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