Portman House, on the corner of Princes Street and Portman Road, to which media group Archant’s Ipswich business is to move next year.

Media company Archant has announced a significant investment which will see its Ipswich-based business move to a new home next year.

Archant’s current Ipswich site in Lower Brook Street, as seen from the top storey of The Mill building on the Waterfront.

Archant, whose titles include the East Anglian Daily Times and the Ipswich Star, has exchanged contracts for the purchase of a new office in Princes Street and for the sale of its current site in Lower Brook Street.

Both contracts are expected to be completed early in the New Year. The new office will house more than 100 Archant staff, with the move expected to take place during the late summer of 2016, following a full refurbishment of the building.

Jeff Henry, chief executive of Archant, said the announcement was further evidence of the company’s commitment to engaging with communities.

“This investment affirms our commitment to Ipswich and to our Suffolk publishing interests through the purchase of the landmark building, Portman House,” he said.

“Situated in the heart of the emerging business sector within Ipswich, it is the ideal home for our portfolio of Suffolk brands.”

Portman House lies within an area designated for business growth in a Vision document produced earlier this year for Ipswich Central, the organisation responsible for the town centre’s Business Improvement District project.

more at pjnews.co.uk