The proposals for the 18 hectare former industrial site also include the construction of 950,000 square feet of space for shops, a new marina building, a primary school and a wildlife visitor centre. Many of the new homes would be built on stilts to protect them from flooding.
“This proposal is a wonderful shot in the arm for Lowestoft and promises much needed affordable housing, jobs and a genuine attraction for visitors,” said Council leader Colin Law in a statement.
Subject to grant of planning permission, the developer said it hopes to start construction by the end of the year. It expects the scheme to take ten years to complete.
