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Projects

Jaywick Market and Commercial Space

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Approval status

 

Approved (subject to conditions)

Delivery status

 

Design in progress

Expected completion date

 

Autumn 2022

The project will build and operate covered market and affordable business space on a gateway site in Jaywick Sands to support the local economy, grow local entrepreneurship, and grow and retain economic activity and job creation in the local area.

The proposal is to construct 13 affordable rent business units offering 9,500 sqft lettable area and a covered local market of 10 affordable pitches. Alongside this, the public realm in the area will be improved including the creation of a new community garden and a multipurpose hard landscaped area which can be used for outdoor markets and seasonal events. This will form part of a programme of wider regeneration and will deliver an extensive range of positive social impacts to help alleviate the severe deprivation experienced by much of the Jaywick Sands community including increased employment opportunities, increased training opportunities, a rise in skills and employability, pride in the area, a rise in aspiration especially amongst younger people and significantly improved health benefits through affordable access to fresh foods.

Funding Approval

The project was considered by Accountability Board on 20th November 2020 and the decision was made to approve the award of £1,972,000 GBF funding to this project, subject to the following funding condition being met:

  • Provision of written confirmation, by the end of Q1 2021/22, that planning consent has been secured for the project. 

If this funding condition is not met, the GBF funding must be returned in full for reallocation to the next project on the GBF pipeline. 

A project update was provided to the Accountability Board on 12th March 2021, which indicated that the outcome of the planning application was now not expected until July 2021 but that work had continued to ensure project delivery by 31st March 2022 as required. In light of this update, the Accountability Board chose to extend the deadline for securing planning consent for the project to the end of July 2021. 

At the September Accountability Board meeting it was confirmed that the outstanding conditions, which was to secure planning, had now been met.

At the November Accountability Board meeting it was agreed that the project met the conditions and criteria for the retention of GBF funding beyond the 31 March 2022 for a maximum period of 6 months. This is subject to Strategic Board endorsement at its meeting in December 2021. 

Project Outputs
Jobs created/safeguarded 49
Commercial space unlocked (sq m) 840
Public realm or green space improved/created (sq m) 3,700

£85m of investment to East Sussex, Essex, Kent, Medway, Southend and Thurrock

The Getting Building Fund focuses on projects that can progress quickly and that will stimulate and better integrate economies in some of the most economically impacted and COVID-affected parts of the South East.

£85m of Getting Building Fund investment has been secured, enabling delivery of 34 projects across East Sussex, Essex, Kent, Medway, Southend and Thurrock.

Find out more here 

Funding value: £1,972,000
Total Project cost: £2,127,535
Return to Capital Investment