skip_previous play_arrow skip_next
00:00 00:00
  • cover play_arrow

    KL1 Radio Local Radio for West Norfolk

Local News

£250k investment in King’s Lynn business hub proposed

todayFebruary 1, 2021 13

share close

Hundreds of thousands of pounds of additional money looks set to be invested into a controversial Lynn business hub, under plans to be considered tomororw.

A capital programme of spending for the next financial year, worth more than £50 million, will go before West Norfolk Council’s ruling cabinet on Tuesday afternoon.

And it contains a plan to invest a further £250,000 in potential future development of the King’s Lynn Innovation Centre.

The King's Lynn Innovation Centre on Nar Ouse Way.. (44207587)
The King’s Lynn Innovation Centre on Nar Ouse Way.. (44207587)

A report to be presented to the meeting said: “This project is to carry out further technical studies to bring forward the delivery of up to 4,800 square feet of new ‘move on’ space for the King’s Lynn Innovation Centre, together with associated car parking for approximately 270 spaces to serve the Move On Centre, the original KLIC building and the wider Enterprise Zone.

“This scheme has been added to the capital programme with a budget of £250,000 fully funded by the Norfolk Strategic Fund.”

The borough council took over the running of the centre last summer after terminating its arrangement with the previous operator NWES.

NWES is due to continue repaying loans worth £2.75 million, which it originally defaulted on in the autumn of 2018, for the next three years.

But the latest proposal may prove contentious in some quarters, as it comes just four months after borough councillors voted to halt an independent inquiry into what went wrong with the project.

The council’s handling of the centre’s development was reviewed by a cross-party working group in a process which the solicitor appointed to conduct the external review concluded was satisfactory.

But critics argued the investigation had not been completed and there was a risk of the building’s reputation being tainted if the work was not carried out to the full.

This news brought to you by the Lynn News, local and trusted, download the Lynn News app

Written by: admin

Rate it

Previous post

Local News

Linnets hit by charge as they prepare to vote on National League season

King's Lynn Town look likely to vote against the continuation of playing matches in the National League – but tomorrow's league clash at Chesterfield is set to go ahead.National League clubs are set to vote on whether or not to end the season today with there being a separate majority vote for Steps 1 and 2.King's Lynn Town chairman Stephen Cleeve said: "I think the National League itself will continue, […]

todayFebruary 1, 2021 16