Housing & Residential: £4.2M Grant Fuels 350 Home Development on Lowestoft’s Old Sanyo Site October 11th, 2023 Mya Driver A substantial financial boost is poised to transform south Lowestoft as the former Sanyo factory site receives a £4.2 million grant, setting the stage for 350 new homes. However, noticeably absent from the reports is the mention of a specific developer attached to the project.The UK government, via the Department for Levelling Up, Housing and Communities (DLUHC), awarded this considerable sum to the East Suffolk Council. This grant is part of the larger £180 million Brownfield Land Release Fund (BLRF) focused on rejuvenating brownfield sites across the nation. Specifically, the £4,203,800 will be funnelled into land remediation efforts at the erstwhile Sanyo and Survitec manufacturing locales on School Road.The previous Waveney District Council’s acquisition of the land by Lake Lothing in 2018 marked the inception of this regeneration journey. This move aligns with the Sustainable Urban Neighbourhood scheme initiated in 2013, spotlighting regional rejuvenation and aiming to bolster housing and employment avenues for locals.Details shared by an East Suffolk Council spokesperson highlighted the grant’s allocation towards a myriad of foundational activities. This encompasses site clearance, demolition, removal of underground tanks, contamination alleviation, along with asbestos, hydrocarbon, and ground gas monitoring.David Beavan, East Suffolk council’s housing cabinet member, expressed enthusiastic appreciation for the funding. He highlighted the transformational essence of the endeavour and accentuated the acute housing demand in light of escalating homelessness. Beavan stated, “Lowestoft’s industrial legacy is set to metamorphose into crucial housing infrastructure that champions both affordability and sustainability.” However, he pinpointed the need for further investment into a tidal barrier to propel the project seamlessly.With preliminary investigations and utilities assessments financially backed by Homes England and the DLUHC, detailed development blueprints, inclusive of housing designs, are scheduled to roll out from 2023 to 2026. As Lowestoft envisions a redefined industrial silhouette, this grant, though devoid of developer specifics, emerges as a pillar of hope and progression for the populace.