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The Leader reported that Great Yarmouth Borough Council (GYBC) has secured Town Deal Funding and Levelling Up Funding (LUF2) to support the regeneration of North Quay. As the Master Developer has progressed the scheme’s Masterplan over recent months, it has been identified that, in order to maximise the site’s potential as a distinctive mixed-use destination (leisure, retail, residential), the previously agreed in-principle Compulsory Purchase Order (CPO) red line boundary will need to be extended to include additional land parcels located to the north of the existing red-line demarcation.
The Leader reported that extending the in-principle CPO boundary to include additional land parcels north of the current red line boundary will:-
• Enable a coherent “Northern Gateway”, connecting North Quay to the Railway Station side of the river to create a more cohesive and enhanced arrival experience.
• Improve the street scene along New Acle Road (a key approach to Fuller’s Roundabout and Great Yarmouth).
The Leader commented that given these additions were not included within the original in-principle CPO boundary, nor in previously approved budgets, an additional £500,000 is required to acquire interests (purchase or lease termination) within the enlarged area. In parallel, GYBC has extended the Incentivised Negotiation Window to 29th May 2026 to conclude voluntary acquisitions wherever possible. Following this period, it is intended that GYBC will submit the CPO application (if necessary), to be progressed concurrently with the Planning Application.
The Leader reported that Cabinet had considered the report at its meeting on the 2 December 2025 and had recommended that Council consider approval of the reallocation of £500,000 within the current Capital Programme to support acquisitions within the enlarged in-principle CPO area.
The Leader reported that it is recommended that Council, as detailed on page 90 of the agenda report, approve the reallocation of £500,000 within the current Capital Programme to support acquisitions within the enlarged in-principle CPO area.
Proposer: Councillor Smith
Seconder: Councillor Plant
That Council approve the reallocation of £500,000 within the current Capital Programme to support acquisitions within the enlarged in-principle CPO area.
CARRIED.