“GPIA has been approaching developers and inviting them to visit the
city,” said Bill Agnew, deputy chief executive of GPIA.
“A number of visits have already been
completed and we have received a lot of positive feedback,
particularly about the plans to redevelop Peterborough city centre
outlined in the masterplan.”
A number of contacts were established at
MIPIM, the annual international property show held in Cannes, France
during March. The event provided GPIA and Peterborough City Council
with the opportunity to raise awareness of the development plans and
encourage developers to visit the city.
Developer and investor support is
essential for ensuring the masterplan is successful and fulfils its
objectives. Two thirds of the £750-plus million investment needed for
the plan is expected to come from the private sector.
Bill Agnew added: “Interest from
developers demonstrates confidence in the Peterborough economy and is
an essential first step in turning the masterplan from a proposal into