Driving Growth in Plymouth 2017

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DRIVING GROWTH


‘Britain’s coolest little city by the sea’ GQ Magazine

Front cover - Jay Stone Photography This page - Plymouth PIG


WELCOME TO BRITAIN’S OCEAN CITY Plymouth is an ambitious city with huge growth potential and is undergoing exciting changes, with many more on the horizon. As we move nearer to 2020, our preparations are quickly progressing as Plymouth prepares to become the UK’s lead city in the commemorations of the sailing of the Mayflower in 1620 from Plymouth to the New World. Mayflower preparations are providing a catalyst for growth with a number of high profile capital investments and regeneration projects underway. As part of the 400th anniversary commemorations we will see the opening of the Plymouth History Centre, a £34 million scheme to transform the current museum into a cutting-edge cultural centre, expected to attract 300,000 visitors a year from across the world. Plymouth has a strong pipeline of 10,000 construction jobs demonstrating the city’s growth potential and commitment. If you’re an ambitious business in the marine industry, we share your passion for growth and success. Oceansgate will provide the perfect investment opportunity as this unique 35 hectare site, on the southern edge of Devonport Dockyard, offers deep water access to the English Channel and an unrivalled location to create a world class hub for marine businesses. There is no better time to invest in Plymouth, as it is increasingly recognised as one of Europe’s finest, most vibrant waterfront cities.

City Vision One of Europe’s most vibrant waterfront cities, where an outstanding quality of life is enjoyed by everyone.


less than live within

400m of a bus stop

population of

2%

of our waste going to landfill

JOBS

20,400

new jobs (Plymouth and SW Devon)

300,000 0.15

0.79

PLAN IN NUMBERS WHAT WE WANT TO ACHIEVE

1

hectare (nearly 2 football pitches) of nature reserve per 1,000 people

243,000

days best support at the start of child’s life

hectare per 1,000 people of allotments/ community food growing space

sqm of employment space

400m

walking distance to nearest local play space

4,550

new affordable homes

400m 25Mbps to nearest accessible natural space

A city fulfilling its strategic role as a major economic driver for the heart of the South West

to nearest primary school

1,001

hectare per 1,000 people of playing pitch

LEADING CITY

800m

HEALTHY CITY

reduce carbon emissions by

50%

800m

to nearest convenience store

to all premises access of broadband

People live in happy, healthy, safe and aspiring communities

CO2

GROWING CITY A city which has used its strengths to deliver quality and sustainable growth

19,000 new homes

INTERNATIONAL CITY Plymouth is internationally renowned as the UK’s premier marine city, and famous for its waterfront, maritime heritage and culture.


PLYMOUTH’S SPATIAL PRIORITIES

TO TAVISTOCK

A386 DARTMOOR

DERRIFORD AND NORTHERN CORRIDOR GROWTH AREA £

SALTASH

P+R AREA OF SEARCH

D

TAMAR BRIDGE

£

a c b

A38

a c b RAILWAY STATION AREA OF SEARCH RAILWAY STATION AREA OF SEARCH

A374

£

MoD

CITY CENTRE AND WATER FRONT GROWTH AREA

TORPOINT

£

£

£

A38

CITY CENTRE

P+R C

£

L

£

£

£

a c b

EASTERN CORRIDOR GROWTH AREA P+R AREA OF SEARCH

KEY

Countryside/Community Park

Train Station

Strengthening communities

Coach Station

European Marine Site

Visitor economy

Park and Ride

District heating

Minerals

Improving health inequalities

Transport quality gateway

Housing

£

Port

Transport connectivity

Ocean City

£

C

City Centre

D

District Centre

Hospital Sports hub

P+R

Transport capacity Sustainable transport

University a c b

Primary school

£

£

A379

BRIXTON

Offices

Waste recycling

Knowledge industries

Local Centre

L

Medical sector

Community safety

Distribution

Utilities infrastructure

Urban fringe

Business/energy park

Heritage assets

£

Marine industries

Cultural hub

£

Dockyard

Events

MoD

© Crown copyright and database rights 2017 Ordnance Survey 100018633

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TEN REASONS TO INVEST IN PLYMOUTH, BRITAIN’S OCEAN CITY

1 2 3 4 5

AMBITIOUS Plymouth is the largest port city on the South Coast of England with an ambitious growth agenda. With a resident population of 262,700 Plymouth aims to grow its resident population to 300,000 by 2034. Currently five million people visit Plymouth each year, including 440,000 passengers passing through the port on Brittany Ferries.

SKILLED AND ADAPTABLE WORKFORCE With two award winning universities, a thriving Art College and the expanding City College Plymouth, the city continues to develop and grow new talent and a business-focused potential workforce. 12 per cent of Plymouth jobs are in the manufacturing industry, far exceeding the 8.3 per cent national average. Similarly, another 12 per cent of employment is supported by the education sector – which supports only 9.2 per cent of jobs nationally.

PREMISES The city offers a diverse mix of high quality modern and historic managed business premises and excellent provision for new start-ups. On average business premises are 35 per cent cheaper in Plymouth than in the South East, with the highest concentration of manufacturing and engineering employment in the whole of the south of England.

GREEN CITY Plymouth is one of the greenest cities in the UK, 40 per cent of the city is green space and there are over 100 acres of wildflower meadows.

CONNECTED 95 per cent of Plymouth postcodes are covered by superfast broadband, 15th highest availability out of 64 cities, and 90 per cent are covered by ultrafast broadband, the 5th highest rate in the country. January 2017 saw the completion of the biggest free wi-fi network in the south west, covering the city centre, the Hoe and waterfront. 24 trains to London Paddington per day, with journey times from three hours Three international airports located within a two-hour driving distance. Daily sailing to Roscoff and weekly to Santander with Brittany Ferries.


Plymouth is a spectacular waterfront city offering exciting development opportunities making it a top location to invest and do business.

6 7 8 9 10

MARINE SCIENCE Plymouth is a global centre of excellence for marine science and technology and has one of the largest clusters of expertise in the world. With 300 marine related businesses operating in the city, the sector includes global research partners: Plymouth Marine Laboratory, Marine Biological Association, Plymouth University and the Sir Alister Hardy Foundation for Ocean Science and in Plymouth the sector accounts for 20 per cent of blue tech/marine employment in the UK and in Plymouth accounts for 11.3 per cent of the city’s employment.

IN GOOD COMPANY Plymouth is home to: Babcock, Becton Dickinson, Burts Potato Chips Ltd, EE, Fine Tubes Ltd, Kawasaki, Plessey Semiconductors Ltd, Plymouth Gin, Princess Yachts International, Rittal CSM Ltd, The Wrigley Company, Twofour Group and the Range HQ to name a few. We are also home to the largest Naval Base in Western Europe.

AFFORDABLE HOUSING The average house price in Plymouth is now £166,118. This is nearly seven times the average salary verses London which is 16. 19,000 new homes will be built in Plymouth, both in the city and at locations in the city’s urban fringe over a planned period to 2034. Of these, 4,550 homes will be built as affordable homes to meet the needs of Plymouth residents.

OUTSTANDING QUALITY OF LIFE Few cities can rival Plymouth’s rich maritime heritage, stunning waterfront and natural harbour, vibrant cultural life and its close proximity to Dartmoor, one of Britain’s finest National Parks.

TOURISM Plymouth has a thriving cultural offer with a growing digital and creative sector. The city is expecting to receive over six million visitors in 2020, the year of the 400th anniversary of the sailing of the Mayflower.


OUR ACHIEVEMENTS IN THE LAST TWO YEARS...

Coach Station The new £4.8 million Plymouth coach hub moved to the heart of Plymouth city centre in 2016. Transport links are being further strengthened with the planned regeneration of Plymouth’s railway station.

Plymouth Science Park – One Research Way Plymouth Science Park’s latest development, Phase 5 is complete. The £7 million development supported 50 construction jobs. Intelligent Optimisations were the first occupiers taking up the entire top floor, creating 45 jobs.


Ocean Studios Ocean Studios offers a space to create. Providing affordable studios and managed workshop facilities for local creatives to develop their practice and to boost creative enterprise in the city. In addition to individual studios, shared spaces and well-equipped workshops for tenant and associate artists and makers, Ocean Studios offers exhibition and events space. They have already hosted a variety of exhibitions including the work of internationally acclaimed artists such as Grayson Perry. The growing, vibrant, creative community at Ocean Studios has been a catalyst for supporting Plymouth’s position as a cultural destination and engaging the city with national arts.

Sector Support Fishing

Social Enterprise

Plymouth fishing sector sustains over 950 direct jobs and is the largest fresh fish market in England today (by landed weight), with fish landed at other ports across Devon and Cornwall regularly transported to Plymouth to be sold.

Plymouth is a Social Enterprise City, one of the first cities in the country to receive this accolade.

In 2015, the total number of registered fishing vessels in Plymouth reached 488 – accounting for more than 15 per cent of the English fishing fleet. The figures also showed that Plymouth is the fastest growing fishing fleet in the country.

The Social Enterprise Investment Fund has invested in over 40 organisations allocating over £2million in loans and grants. The fund has created a pipeline of over 200 jobs and brought 18 buildings and pieces of land back into use. The Social Enterprise sector employs around 7,000 people across the city contributing half a million pounds into the economy.


REGENERATION - WHAT WE ARE DOING NEXT... History Centre A £34 million project is underway to create a new history centre for Plymouth, we are transforming the existing Museum and Art Gallery, Central Library and St Luke’s Church buildings into a new, unique cultural attraction that highlights Plymouth and its place in the world. Situated between Plymouth University and Plymouth College of Art, the History Centre will form the heart of an exciting cultural quarter. Cutting- edge galleries, high profile exhibitions and interactive events will take visitors on a journey from prehistory to the present and beyond.

Mayflower 400 In 2020 the United Kingdom, United States of America and the Netherlands will commemorate the 400th anniversary of the sailing of the Mayflower in 1620 from Plymouth. Mayflower 400 is a programme of events on a transformational scale, it is a platform for an international celebration and commemoration. A series of major transatlantic and global events are proposed, with some happening already in the lead up to this significant year, including The Mayflower Ball and the inaugural Mayflower 400 Marine Tech Expo. A £5 million bid has been submitted to the HLF for a national Mayflower trail to be established. The trail will link the Mayflower story across 11 destinations in time for 2020.


The 1620 Boutique Hotel The Quality Hotel site was demolished to make way for a new five star hotel, attracting £50 million investment creating 200 jobs and 75 long-term leisure related jobs. Due to open in 2020, the boutique hotel on Plymouth Hoe will include 80 luxury rooms, conference facilities, a full gym, spa and a panoramic penthouse with a fine-dining restaurant.

Railway Station Railway station regeneration has become a case study for One Public Estate, a programme for local communities. The University of Plymouth has announced the Railway Station as their preferred location for a £45 million new landmark education facility. Great Western Rail has commissioned a detailed feasibility study for a new station car park. Over the next 10 years it will attract inward investment of £48 million, create 705 jobs and 13,000 sq m of new education, retail, and leisure space.


Colin Campbell Court The Council with support from the Homes and Communities Agency have purchased sections of Colin Campbell Court and Bath Street West. This will deliver 300 new homes as part of a £50 million regeneration project. Work is planned to start in the next year.

STEM Centre Plymouth is committed to growing its world-leading marine science and technology sectors, as well as training up the scientists and engineers of tomorrow. The new £13 million facility, Plymouth’s Regional Centre of Excellence for STEM (Science, Technology, Engineering and Maths) at City College Plymouth, will be a vital facility for helping Plymouth employers meet their needs for highly skilled, higher-level technicians and apprentices.


Drake Circus Leisure This investment by British Land of ÂŁ50 million will create a new leisure destination for Plymouth. The development will have 13 restaurants and a 11 screen IMAX cinema complex. Construction will start early 2018.

Transport Heart of the South West Local Enterprise Parnership earmarked ÂŁ22.5 million of the local Growth Fund for the Forder Valley link road project, which is designed to open up the north of the city. This is the single biggest commitment of money to come to the city. The link road will provide better access from the east, including the new community in Sherford. It will run from the junction of Forder Valley Road and Novorossiysk Road through to Brest Road, creating an alternative route between the A38 and Derriford and providing vital extra capacity on the highway network. It will reduce pressure from the amount of traffic on Manadon roundabout and complement other planned transport improvements for Derriford creating a faster connection to Derriford Hospital - one of only 16 critical care hospitals in the country and the only one west of Bristol.


RECENT INWARD INVESTMENT Market Hall Building The Market Hall is a £7 million scheme by RIO to transform a derelict Grade II listed building into a cutting-edge space for digital skills, research, learning and entertainment. Once completed the Market Hall will provide flexible work space, events and exhibition space, a café, bar and restaurant and an impressive 15 metre immersive dome theatre which will offer a large scale shared virtual reality environment – the first of its kind in Europe. Linked to the STEM strategy, the Market Hall is a critical vehicle for realising Plymouth’s digital ambitions and will provide a significant pull for graduates, digital practitioners and visitors.

Babcock investment Devonport Dockyard operator Babcock International Group PLC has announced its order book and pipeline now stands at a bumper £30.8 billion partly thanks to new Trident submarine contracts. Other new orders include a €500 million contract for the provision and maintenance of training, a new helicopter emergency medical service for France’s south west region and a project to design an offshore patrol vessel for the US Coast Guard. Babcock, the UK’s leading engineering services company, said that in addition to continuing to progress existing contracts, new order intake remained strong.

The Range HQ The new head office, store and training academy of the Range will be coming to Derriford, creating 570 new jobs. Planning is expected to be submitted in 2017 with a start on site later in the year.


Oceansgate / Marine Technology Centre £6.5 million secured from HotSW LEP for the £7.75m Phase 1 Oceansgate development which will create 133 jobs and 70 construction jobs. Work started at the start of 2017. £9 million of infrastructure and enclaving works have commenced at Oceansgate which will separate the site from the rest of Devonport Dockyard. Plymouth City Council along with partners Plymouth University, Exeter University, Plymouth Marine Laboratory and Sir Alister Hardy Foundation for Ocean Science, have submitted a £2.4 million ERDF bid to create a Marine Business Technology Centre in Oceansgate. The Oceansgate brand has now beeen launched with a new website – oceansgateplymouth.com


History Centre

Train Station

Drake Circus

Saltram Meadow Plymstock Quarry Drake Circus Leisure

City Centre

Colin Campbell Court

The 1620 Hotel

Royal William Yard

Oceansgate


Sherford


HOUSING 26,700 new homes will be built by 2034 across the plan area. 19,000 of these new homes will be built in Plymouth. Of these, 4,550 homes will be built as affordable homes to meet the needs of Plymouth residents. Our award-winning Plan for Homes helps to deliver this ambition which sets out our commitment to increase and accelerate housing delivery to build 5,000 new homes over five years, of which at least 30 per cent will be affordable. Central to the success of the plan has been the identification and release of 138 acres of Council owned sites for housing and are projecting around 600 new home completions on many of these sites by March 2018. We are a Starter Homes Land Fund Partnership Authority, working with HCA and DCLG to bring forward a portfolio of sites to deliver a combination of starter homes and market homes. We have acquired the first three sites at Colin Campbell Court, Bath Street and Prince Maurice Road. In Devonport approximately 600 homes have been demolished to make way for 1,500 new homes when final schemes complete in 2018/19. The regeneration of Millbay aims to redevelop the surrounding dock area with a range of housing, commercial and retail opportunities. Four phases have been completed, equating to over 400 homes and remaining phases have the potential for a further 600 homes to include an 80 unit Dementia friendly extra care scheme for older people due to start on site this year. The regeneration momentum continues in North Prospect with an overall programme of 794 properties to be demolished to be replaced by 1,102 new mixed tenure homes. Phase 1 is complete, Phase 2 is under construction and Phase 3 has just started on site.


BUILDING PLYMOUTH Building Plymouth, the Council led partnership with local construction and built environment stakeholders has recently been described by industry as “representing one of the most determined and well-co-ordinated initiatives” aimed at reducing the skills gaps and skills shortages facing the growing construction sector. The main objective is to increase the number of skilled people joining the industry to deliver the 10,000 projected new jobs being created in the city. Working in close partnership with industry, training and education providers, schools, employment intermediaries and the local community, this innovative partnership aims to: increase the local availability of construction skills connect more people to employers enhance the image of and increase local awareness of careers in the sector. During the past 12 months, Building Plymouth has supported over 3,000 local people through their ‘Job Shop’ and delivered an extensive programme of events targeted at young people, those who are unemployed and people wishing to change careers, including military personnel. Thanks to the financial investment by 23 project sponsors across industry and education, Plymouth City Council has been able to invest in a dedicated Skills Co-ordinator to drive forward these ambitious plans. Other local authorities are now actively looking to adopt the Building Plymouth model.


VISITOR EVENTS AND ECONOMY Plymouth hosts just under five million visitors annually generating over £316 million spend and supporting 7,500 jobs (approximately seven per cent of the total economy) within the city. Plymouth is also a major driver for the wider regional visitor economy acting as a key centre from which leisure, business and studying visitors can explore Cornwall and Devon. The city hosts a number of high-profile and award winning events each year, including Plymouth Pirate Weekend, Flavour Fest, Armed Forces Day, MTV Crashes Plymouth, Seafood Festival, the British Firework Championships and world-class sailing events, such as the Rolex Fastnet, Transat and La Route des Princes. Event attendance figures show 416,147 people attended our events in 2016 Thanks to PR activities we achieved press coverage to the value of £1.6 million and were able to reach an audience of 325 million British Firework Championships attracts over 100,000 visitors and has an economic impact of £5.2 million for the city Plymouth successfully bid and was host city for the Transat in 2016. Around 50,000 visited the event, which brought in an estimated £1.9m and supported 65 jobs.



The strategic partnerships across the city between various public sector bodies, the private sector and the third sector have never worked more effectively, leading to some ambitious growth plans and innovative delivery mechanisms designed to tackle local priorities. Dave Young – Group Managing Director – The Una Group

Plymouth City Council has inclusive growth at the heart of its economic plans for the city, an ambitious vision that is founded on real engagement with the business community, is ensuring that Plymouth is a great place to do business. Richard Stevens – Chair of Devon Chamber of Commerce and Plymouth Growth Board

As a new company to Plymouth, Sitel have been hugely impressed at the breadth and depth of support which Plymouth City Council has provided. It is by far the most forward thinking and engaged local authority that we have had the pleasure of dealing with in the UK. Matt Cleveland – Sitel, Plymouth

We have enjoyed working with all local stakeholders, creating over 1,000 new jobs, regenerating iconic buildings and constructing high quality new homes. We look forward to helping in the transformation of Plymouth in the run-up to the Mayflower 400 celebrations! Mark Edworthy – Burrington Estates


Low unemployment

2.1%

£266m

Current approved and planned capital investment by PCC

£316.5m Visitor spend

3,540 Jobs in pipeline

£410m

Property deals in pipeline

29,310

Students in higher education in the city

3,560

Apprenticeship starts, an increase of 9.9% on last year

7605

Businesses in the city

£5.2bn GVA


FOR FURTHER INFORMATION, PLEASE CONTACT US invest@plymouth.gov.uk

www.investinplymouth.co.uk

Economic Development, Plymouth City Council, Ballard House Plymouth PL1 3BJ


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