Bankside (Grafton Way) estimates Vanity Bridge at £150m

Discussion in 'Upper Orwell Crossings' started by dan5, Nov 29, 2017.

  1. dan5

    dan5Founder MemberStaff Member

    Messages:
    2,364
    Penn Commercial estate agents have hinted at a "£150m new river crossing" in the Bankside Ipswich property particulars.

    bankside-grafton-way-ipswich-vanity-bridge.png

    Has the cost of the Upper Orwell Crossings now hit £150m? This is almost double the secured central government monies of £77m. Suffolk County Council is reportedly paying £20m towards the project. What about the other £52m?

    Estate agents have been known to lie through their teeth to get business, however, it should be noted that Penn Commercial (along with Fenn Wright) dominate the Ipswich commercial property market and Penn Commercial is located quite close to where the vanity bridge is intended to go... so it isn't far fetched for a local business with the contacts to be able to retrieve non-public information.
     

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