While most of the focus on new developments falls on who and what it will bring to a local area, there is no denying that significant projects can transform a local space. This is why the news that the first phase of a £75m project in Bury St Edmunds is moving forward will interest many people locally.
With these projects, there is disruption at first, and life will likely become less convenient in the short term. However, West Suffolk Council’s cabinet voting unanimously to progress the Western Way development to the next tendering stage indicates many people support this move.
The plans are set to contain a leisure centre, the Suffolk Archives' local branch, office space and a preschool facility. There are also plans for the NHS to offer a large community health facility in the location.
Providing a preschool facility is of interest, and this is the sort of addition that positively impacts the housing market. Suitable schools drive interest and demand in a local property area, so this can only be a positive thing.
Families who already live in the area will like this addition, but it also means potential buyers have another great reason to consider living in and around Bury St Edmunds. If you plan on selling your home shortly, improving educational facilities can only create more interest in property and increase property prices.
Councillor Sara Mildmay-White, portfolio holder for housing and strategic health, said: “I just hope the health and wellbeing centre comes to fruition. We know we have a deficit of GPs in this area. I am hoping the NHS will continue to engage with us and provide a large health and wellbeing centre in this development.”
Cllr Robert Everitt, portfolio holder for families and communities, said “The major issue with health and wellbeing is getting out there and into communities. We have proved the point at Mildenhall and Howard Estate’s community centre that health centres within developments like Western Way are well used and well received.”
There is much work to do in progressing this development plan, so people shouldn’t get too excited at this early stage. However, this is an excellent sign that things are changing in Bury St Edmunds, hopefully for the better. When it comes to significant developments, like this £75m scheme, there are benefits to new and existing residents, making the local housing market all the more appealing.
At Coakley & Theaker, we aim to support the local community as much as we can, and we know this is an extremely trying time. A lot of people are looking for support and guidance, and if you have any property or housing related questions, we are more than happy to assist you, so contact us today by calling us on 01284 769691.