West Norfolk Council in talks over King’s Lynn NORA land

Business news
Business news

Council officials are in talks over the possibility of buying more land in Lynn’s Nar Ouse Regeneration Area (NORA), it has emerged.

The future of the site was put in doubt last December when the current owners, Morston Assets, were placed in administration.

A report on the future of the land was considered by West Norfolk Council’s cabinet in a private session during its meeting last Wednesday.

Afterwards, a spokesmanfor the authority said: “I understand that the Council is now in discussions with the administrators about the availability of the land, with a view to ensuing that the development of this key strategic site is not compromised by the collapse of the previous owners.”

Council leaders have previously maintained that Morston Assets’ administration would not delay its own development projects in the area.

As well as its NORA lands, the company owns property on several other sites around the town.