It’s 18 months since the lights were turned off in one of the most prominent buildings in our Town Centre. Since then £3.6 million has been spent on improving the Cornhill to try and create and modern, vibrant focal point.
Part of the ‘Masterplan’ for the Cornhill was to have a prominent tenant at the Old Lloyds Bank (or Post Office as it was formerly).
It was the dream scenario promised to us by David Ellesmere, the Labour leader of IBC at an Executive meeting in March of this year. A brasserie style chain restaurant opening just as the work on the Cornhill was being completed. Al-fresco dining creating a buzz in the area and then the anticipated Pret a Manger completing the regeneration project.
What went wrong?
Why can’t IBC manage to find a tenant despite spending huge sums in the surrounding area?
Why can’t IBC find a tenant despite the building being in the most prime location in the Town Centre?
What does this say about our ability to negotiate deals?
The message this gives out to other retailers and businesses is that Ipswich is a failing Town and this is something we should not put up with.
The Labour Council has run out of ideas and cannot be trusted to turn the fortunes of our Town around. We now own £64 million worth of out of town retail parks, if we can’t successfully rent out this beautiful building in a perfect location what hope have got if we lose tenants elsewhere?
If you want to see a change of fortunes for Ipswich then put your trust in local Conservative Councillors. We can make Ipswich a place we can all be proud of.