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Connecting and the South East to the Future. FASTER.

gatwickobviously.com // @LGWobviously gatwickobviously.com // @LGWobviously Contents //

Foreword 5

Executive summary 7

Overview of Gatwick’s expansion plans 9 London regeneration and Gatwick 10

Introduction 10 Completing the compass of London’s regeneration Jobs and employment 12 Business and technology 13 Housing and infrastructure 14 Transport 15 Deliverability 18

An in-depth look 20 How London can learn from European Airport Cities 20 How Gatwick can help deliver the Mayor’s 22 : how expansion at Gatwick can create an Olympic Opportunity 26 how Gatwick can add value to South London’s Growth Nodes 29

Connecting London and the South East to the Future. Faster. 3 // Gatwick would drive significant economic benefits in terms of jobs, housing, business opportunities and transport improvements //

4 Connecting London and the South East to the Future. Faster. Foreword

The roots of regeneration are not always immediately obvious. Often, major development comes on the back of seemingly unrelated events. Manchester city centre was transformed in the face of adversity, with redevelopment following the tragic bombing in 1996. Conversely, the London Olympics saw regeneration fuelled by major development at the Olympic Park and national triumph with a summer of sport unlocking the once in a lifetime opportunity to address decades of under investment in the East End. Wrapped up in the discussion about the UK’s pressing need for more airport capacity is the opportunity to drive widespread regeneration and economic benefits across London, the South East and the wider UK. It is this aspect of the debate that we cover in this report. As our research shows, the creation of two world class airports in London through expansion at Gatwick has the potential to create exponential benefits across a much wider region than just the immediate area around the airport. But it is not just a question of how much benefit can be delivered - it is also a case of where it is needed most. Gatwick offers compelling answers to both. As we outline in this report, Gatwick would drive significant economic benefits in terms of jobs, housing, business opportunities and transport improvements. But it would also deliver them where London and the South East needs them most, avoiding the overheated parts of the region and focussing on areas where economic growth would have the greatest impact. The expansion debate should focus on where extra capacity will deliver the greatest economic benefits for the UK with minimal disruption and environmental impact. But equally, it must not overlook the significant opportunity for a new runway to act as a catalyst for wider change in London. I am confident that not only would an expanded Gatwick deliver the extra capacity the UK needs without the environmental damage and disruption of an expanded Heathrow, but that it will also deliver growth that will help drive London’s successful future and provide the city with its next strategic scale regeneration.

Stewart Wingate Chief Executive,

Connecting London and the South East to the Future. Faster. 5 6 Connecting London and the South East to the Future. Faster. Executive summary

The Airport Commission’s recommendation represents one of Completing Business & the most important moments for infrastructure in the present day. London’s compass Technology The choice facing the Commission of regeneration Gatwick is well placed to support is on the face of it a simple one - growth in some of the UK’s should expansion occur at Gatwick Expansion at Gatwick offers the existing and emergent growth or Heathrow. But the fast-changing chance to drive growth in East sectors as well as strengthen world of aviation, the global economic London and focus investment on challenges faced by London and the links to global business markets. the South, bringing the Capital’s UK regions and the need to protect our environment and the quality of development full circle. people’s lives, make the decision complex and its ramifications will be felt for a generation. Gatwick has made its case on not just the environmental, funding and infrastructure arguments, but most Housing & Transport importantly, the wider benefits which will be felt through economic growth. infrastructure Investment in Gatwick’s superior transport links will A crucial part of Gatwick’s expansion An expanded Gatwick will help spread the economic model is the opportunity for major support the delivery of new regeneration for many parts of London benefits of expansion across a homes and essential local and the wider South East on a par with much wider area. the ‘Olympic effect’ in . It is infrastructure. this part of the Gatwick story which is the focus of this report. We also present a series of case studies at a local, London and international level. Each of these case studies gives an insight into how Gatwick’s plans could become a benchmark for the delivery of growth on the back of opportunities provided by airport expansion. Jobs & Deliverability Our vision is a network of competing employment Gatwick’s plans for fast and airports with two world class gateways simple expansion and the driving growth in London and the Gatwick expansion will huge regeneration benefits UK. Expansion is a once in a lifetime drive 100,000 catalytic jobs opportunity to provide London with its show that Gatwick is the most throughout London and the next full scale regeneration. deliverable option. South East. This report uses data gathered from our technical submissions to the Airports Commission, researched and compiled by a number of advisors including Oxera, Farrells, RPS and Arup. The views and opinion expressed are those of Gatwick Airport.

Connecting London and the South East to the Future. Faster. 7 8 Connecting London and the South East to the Future. Faster. Overview of Gatwick’s expansion plans

The importance of ensuring that London presents itself as a competitive and world class city is paramount to UK economic Better access the country’s economic success and vitality. One of the ways in which global benefits and passenger cities remain ahead of the curve is by Expanding Gatwick will generate experience delivering the infrastructure they need more benefits for the UK economy to thrive and attract investment. than any other shortlisted option. With the completion of the It will connect London directly programme in 2017-18 Aviation infrastructure is at the forefront with more destinations, including in Gatwick will be within one change of this. London is the world’s number the emerging markets. of over 1,000 rail stations across one aviation market and we need to the UK. Journey times through the maintain that status. London’s ability new Gatwick will be much quicker. to attract the best talent, to export high quality services and reach customers, clients and suppliers - one of the cities greatest source of competitive advantage - is dependent on both the The most deliverable quality and capacity of its airports and their connections. option with less risk London’s airports will need to handle 110 to Government million more passengers per year by 2050, Gatwick can deliver the new runway most within Europe. In light of this, London by 2025, earlier than any other and the UK without doubt need aviation option. Expansion at Heathrow would expansion. The Government recognise this, cost twice as much and involve which is why they established the Airports The right future tunnelling the M25, diverting major Commission in 2012. A-roads and causing major disruption. capacity Gatwick Airport has long been recognised as an important contributor A second runway at Gatwick would to the London and UK economy. enable the London airport system Already the 2nd largest airport in to serve 440 destinations - more than a third runway at Heathrow. the UK and the world’s busiest single runway airport, Gatwick is a thriving airport with huge potential to grow. Expansion at Gatwick would provide the UK with a network of world-class competing airports in London, with the in-built flexibility to respond to the rapidly changing demands of More competition, the aviation industry. An expanded with lower fares Gatwick reinforces the strengths of Fewer the current system, allowing Heathrow Expanding Gatwick will cut to thrive whilst introducing maximum Heathrow’s dominant market share environmental connectivity from other market from 52% to 35% by 2050 exposing it segments and locations where there is to full competition for the first time impacts the potential for growth. - cutting business fares to the US by £2,000 per round trip A second runway at Gatwick would affect less than 5% of the households affected at Heathrow today. Over 700,000 people would be affected by noise at Heathrow..

Connecting London and the South East to the Future. Faster. 9 London Regeneration and Gatwick

The wave of pride and achievement achieving wider objectives for London all the while minimising the negative following the delivery of the Olympic and the South East. This will include new impacts on local communities. jobs, new commercial opportunities and Games has shown Londoners what London is no longer seen as split new homes, setting the benchmark for between a central activity zone - and can be achieved with the right vision how future ‘airport cities’ are delivered the rest. Tech City on the fringe of and commitment. and how the benefits are captured. the city has witnessed tremendous As London’s economy improves, Completing the compass of London’s expansion at a rapid rate. Equally, the development and regeneration will regeneration delivery of the Olympic Games was return in force. Local areas are striving not only fundamental to Stratford’s Research has concluded that, through to achieve good economic growth for renaissance, it also played a pivotal expansion over the next ten years, businesses and residents with a focus role in driving wider economic Gatwick can have a transformational on new homes and new jobs. growth, supporting the emergence effect on the competitiveness of of new economic hubs and vibrant The debate on London’s aviation the UK’s airport system, a long term neighbourhoods across swathes of East expansion has, to date, focussed on how catalytic effect on the nation’s economy London as well as across the North the capital delivers and accommodates and an Olympic scale effect on London London arc through the Lea Valley and increased airport capacity. The silent and the South East up to 2050. Given beyond. part of the debate is that with airport the airport’s unrivalled public transport expansion in the right location there connections in the future, this growth King’s Cross Central and the arrival of could be a significant catalytic effect on can reach further than ever before, and HS2 have also firmly put

N Lea Valley

King’s Tech Overheated Cross City HS2 West of Olympic London Olympic Park & Stratford Park

W E

Gatwick would complete London’s compass of South London regeneration is next

10 Connecting London and the South East to the Future. Faster. // Gatwick provides a strategic scale of opportunity for South London, London and the South East //

Connecting London and the South East to the Future. Faster. 11 on the map. Since pre-Georgian times, the West has dominated as a place of Diagram showing spatial distribution of catalytic wealth and opportunity, and this legacy jobs in London from expansion at Gatwick continues into the modern day. South London is next; it is the part of London in active pursuit of jobs and growth and through the expansion of Gatwick, London’s regeneration London - Stansted - compass can finally be completed. London - Luton Peterborough - Bedford Expanding Gatwick will offer a major Corridor Corridor regenerative effect for the boroughs (Lea Valley) (Cricklewood of South London, positioning the 2,500 - Kentish Town) most well connected places like 4,000 Junction, Croydon, Sutton, 2,500 - Thames , Elephant & Castle, Merton Western 4,000 Gateway and Wandsworth as some of the most Wedge CAZ 8,000 - advantageous business and residential 1,250 - 18,000 - 30,000 14,000 locations in the capital, driving 2,000 major new economic opportunities and associated job growth. Taken together, the regeneration plans of Croydon, Clapham Junction and other key locations may equal a greater South London Corridor/ opportunity than that of the Olympics. Wandle Valley 8,000 - 14,000 Not only would this rebalance London’s economy, one of the most fundamental policy directions of the London Plan, its Olympic Scale Effect effects would be felt by a generation for London: given the longevity of the opportunity. 40,000 - 70,000 jobs Yet, this is not just a South London Jobs & Employment story: the accessibility of Gatwick to the , , An expanded Gatwick would be a At a local level, Gatwick is already the the Central Activities Zone (CAZ) and major generator of new direct and single largest employer in the region, other major economic zones mean catalytic jobs, delivering around employing 21,000 people directly, and that its expansion would be a driver 120,000 employment opportunities in a further 10,000 indirectly through for business success right across the UK, and rebalancing the economy related activities. This strength in the London. Notably, Gatwick is directly away from an overheated M4 corridor. local economy will be bolstered further linked to many of the fastest growing Catalytic jobs extend beyond direct as a second runway would generate an and changing areas of the capital, and and indirect jobs, those generated additional 22,000 direct and indirect would thereby bolster the major revival either directly by the airport and its jobs in the local area. occurring in places such as King’s Cross, operations, or the supply chains serving Farringdon and . the airport and its operations. Catalytic What’s more, we have found that an effects arise as a result of the “spin- expanded Gatwick will provide catalytic Gatwick provides a strategic scale of off” benefits that an airport generates jobs, at a scale which not only matches opportunity for South London, London by bringing increased connections to the ambitions for Heathrow, but spreads and the South East. By bringing a location, such as increased trading, the employment and economic impact together all the relevant stakeholders tourism and access to new markets. to reach some of the most deprived parts and partners, Gatwick will provide the Catalytic effects therefore tend to of the Capital and the South East. At least critical confidence, collaboration and extend to industries not directly 54,000 of the catalytic jobs from expan- motivation required to create a step related to aviation but whole broad sion at Gatwick will be created in London change in investment and development. sectors of the economy. and some 46,000 in the wider South East.

12 Connecting London and the South East to the Future. Faster. Connecting London and the South East to the Future. Faster. 13 South London in particular, given its expanded Gatwick will support current “golden triangle” - means expansion proximity and quick public transport and future business needs. will increase the competiveness of this connections to the airport, is expected rapidly expanding sector in the UK. It is estimated that almost two thirds of to benefit from an estimated 15,600 the catalytic jobs created are expected Gatwick is also well positioned to jobs up to 2050. This will bring both to occur within a broad category of support the tech sector, one of the direct and catalytic jobs to some of the activities covering business services, most rapidly expanding industries in most deprived parts of the capital. banking and finance, with 60% of all the world, and at the forefront of growth The figures all underline how an catalytic jobs likely to be “knowledge for the UK. It is expanding 2.7 times expanded Gatwick is best placed to workers” from managerial, professional faster than all other industries. Gatwick meet the Mayor’s London Plan policy to and associate professional occupational benefits from direct and fast transport redistribute wealth and new jobs across groupings. A further 25% of catalytic connections to London and the South all parts of the Capital, especially from jobs will be created in transport, East’s most established and strongly the particularly overheated areas in communications and warehousing. In emerging key tech hubs, including the centre. particular, advanced manufacturing Croydon, Farringdon (near Silicon industries rely on their proximity to the Roundabout), King’s Cross, , Business & Technology airport and could therefore be expected and East . What’s more, to cluster along those nodes most Gatwick can offer direct and affordable A variety of businesses and sectors in accessible to Gatwick. routes to ‘tech hubs’ across Europe such both London and the South East will as Amsterdam, Berlin, Paris, Dublin, benefit from expansion at Gatwick. Taking a sectorial approach, research Eindhoven, Tallinn and Helsinki. Fast access to markets and customers demonstrates that high value industries will create opportunities to increase such as aerospace, computer and Furthermore, business travel at Gatwick productivity, supply chains, trade information services and chemical has seen immense growth to 25% this and investment. The combination of industries are particularly dependent year, with low cost carriers reporting a Gatwick’s competitive cost model, the on aviation. Gatwick’s strong transport significant increase in their business flexibility and breadth of its operational connections to locations such as traveller patronage. To keep London model, and strong links to European Cambridge, Stevenage and King’s competitive, airports and airline and emerging markets, means that an Cross - the science and research carriers need to be able to offer flexible

Gatwick transport connections link to key opportunity areas across London

Heathrow

Opportunity Area Future rail network Gatwick Opportunity Area from 2020

14 Connecting London and the South East to the Future. Faster. // A variety of businesses and sectors in both London and the South East will benefit from expansion at Gatwick //

Connecting London and the South East to the Future. Faster. 15 and affordable routes. Gatwick can effectively do this and a new runway at Gatwick will keep prices competitive, allowing Heathrow’s quasi monopoly of the London air travel market to be cooled down. Housing & Infrastructure Vision 2020 and the London Plan emphasise the need to build more homes in London and tackle chronic affordability issues. The ability for Gatwick to provide jobs across a wide area also means that housing provision does not have to be concentrated in just one area. This will better enable local authorities to deal with a manageable scale of housing growth and ensure this is accompanied by adequate levels of supporting infrastructure. Owing to Gatwick’s direct or fast connections to key Opportunity Areas (areas that can accommodate large scale development) such as Croydon and Lewisham and regeneration sites such as Clapham Junction, research has found that there is the opportunity to build on major housing growth in such locations for the benefit of Gatwick employees. The strategic scale of the regeneration opportunity at Gatwick provides an opportunity to align regeneration stakeholders and partners thereby providing sufficient investor confidence that can unlock stalled development sites and generate critical Train connections to Gatwick mass in terms of housing delivery.

// Gatwick is connected to key ‘Opportunity Areas’ across London where major housing delivery can by stimulated //

16 Connecting London and the South East to the Future. Faster. // By 2019, Gatwick will be connected directly to 175 rail stations and over 1,000 stations with a single change making it one of the most accessible airports for all //

Croydon, for example, has capacity to routes also link to Gatwick from many passenger growth will increase off- build 9,500 homes within the borough places beyond , and the peak rail demand more than peak within the next five years, the delivery of expansion and upgrade of Thameslink demand, reflecting the fact that there which could be significantly accelerated. will make it accessible quickly and is more capacity for off-peak flights in regularly from Hertfordshire and the future. The morning arrival peak is Transport Cambridgeshire to Sussex, through expected to occur before the morning Fundamental to the case for Gatwick is the Capital. commuting peak, whilst the morning the exceptional transport infrastructure departure peak will largely be in the already in place and being built. Unlike By 2019, Gatwick will be connected counterpeak direction. Overall, given other airports, Gatwick is not served directly to 175 rail stations and over committed improvements, seat capacity by end-of-line transport infrastructure 1,000 stations with a single change on the railway will more than double but is located on main rail lines and making it one of the most accessible and total capacity nearly treble by motorways, giving it a tremendous airports for all. It will also be able to 2040, easily accommodating airport transport catchment to the north, south, distribute growth benefits, created staff, users and commuters. east and west, and without necessarily through expansion, more widely than requiring an interchange in London. any other option. The with brand new rolling stock, provides a By 2018, the whole of the London reliable, comfortable efficient and cost population will be within an hour’s effective service, and other rail services journey by train, and there will be a running through the night make Gatwick train into the Capital every 2.5 minutes. a fully accessible 24 hour airport. Business people and holiday makers alike have multiple options to travel What’s more, research undertaken to Gatwick on direct routes. Train demonstrates that the profile of air

Connecting London and the South East to the Future. Faster. 17 Deliverability The final piece of the jigsaw is funding, financing and deliverability. Debating the regeneration, aviation and economic benefits of the various runway options is academic if the plans cannot actually be financed and delivered. Gatwick has already made a strong case to the Airports Commission for expansion, outlining a cost effective solution to aviation capacity which can be complete by 2025. The simplicity of the proposals mean that Gatwick will deliver a second runway at half the cost of Heathrow, involving no investment by the public purse, quickly and without any reliance on a third party. The benefits of expansion at Gatwick also means no planning or policy risk and the ability to deliver greater returns to the exchequer by bringing more air capacity to London, the South East and UK sooner. So the Gatwick story is not just about delivering an airport, it is a tale of regeneration which will allow for economic benefits to be spread far and wide, and for Government to be in receipt of a solution quickly, efficiently and with the right infrastructure already in place.

18 Connecting London and the South East to the Future. Faster. // Gatwick’s second runway can be delivered at a lower cost and lower risk than any of the other expansion options //

Gatwick Masterplan

Connecting London and the South East to the Future. Faster. 19 An in-depth look //

How London can learn from European the traditional commercial heart of the Gatwick’s expansion will transform it Airport Cities city too. New infrastructure for the area into a second world class airport for is planned and large multinationals London and in doing so provides the The catalytic effect described in this including major financial institutions potential, like Zuidas, Stockholm and Ile report focusses on the level of growth have moved their headquarters here. de France, to build up new hubs in well- and economic opportunity which can be Similar to the relationship between connected locations as part of the wider provided as part of a joined up strategy Gatwick and London, Schiphol is also London and South East City Region. around the expansion of an airport. located outside the Amsterdam City There are examples of ‘Airport Cities’ Region within a different municipality at in other parts of Europe which are Haarlemmermeer. testimony to what can be achieved with In Stockholm, the city is co-ordinating the right planning. Research by Munich a project to improve the airport and University of Technology confirms that its international routes in order to the knowledge economy can boom near promote economic, social and cultural airports and that these places are highly development. The city, as a whole, is successful when planned to create positioning itself to become Northern what could be termed ‘Airport Cities’, Europe’s most attractive region for both allowing businesses to be located near residents and businesses with its airport each other and with quick access to and increased connectivity being an international connections. anchor in these plans. Such Airport Cities are not necessarily The Ile de France Region generates located immediately adjacent to the 30% of French national GDP. airport itself. Indeed they tend to Accessibility to Paris Charles De flourish in places that enjoy excellent Gaulle Airport is a powerful factor connectivity to both the airport itself in companies’ location decisions, and other key economic hubs of the city. particularly for the large global An example of new major development companies headquartered in the Paris situated near excellent connectivity to area, and to firms engaging in new regional and international destinations high-tech, innovation, industries. The is in Zuidas, Amsterdam, the rapidly above case studies demonstrate the developing financial district in Holland. power of the ‘Airport Cities’ concept Zuidas not only offers access to the where advantage is premised not Schiphol Airport in just eight minutes, on “location, location, location” but it also provides quick connections to “accessibility, accessibility, accessibility”.

Zuidas in Amsterdam is rapidly developing due to its proximity to Schipol Airport

20 Connecting London and the South East to the Future. Faster. Connecting London and the South East to the Future. Faster. 21 How Gatwick can help deliver the be short-haul European destinations, 5 - The London Plan looks to spatially Mayor’s London Plan allowing London to continue to thrive as rebalance the economy a gateway to Europe. The London Plan sets the Mayor’s Increased capacity at Gatwick can spatial plan and strategic priorities, 3 - The London Plan positions London as help achieve a spatial rebalancing to direct and channel the growth of part of a polycentric network of cities of the London economy rather than the capital. Gatwick has long been in the UK, supporting growth across reinforcing existing patterns of growth recognised as an important contributor the country around the ‘Western Wedge’ by directing to the London economy, with a investment along the southern corridor significant connection to, and important Gatwick already serves more domestic that has thus far been omitted from impact upon, the city as the second destinations than Heathrow. An strategic regeneration interventions. largest gateway into London. Gatwick’s expanded Gatwick would give regional proposals are therefore directly imbued passengers a genuine choice of two 6 - The London Plan supports the in realising the goals of the statutory transfer points in London (as well as development of the Wandle Valley London Plan and are highly aligned. international hub airports) and stimulate corridor as a means of spreading competition. The following section demonstrates growth from Gatwick through to how expansion at Gatwick will assist in Regional businesses will be able to South London and strengthening Outer the delivery of key policy areas outlined access London at a much lower cost “South” London in the London Plan: with expansion at Gatwick due to its more competitive price offer. Gatwick provides strong linkages to 1 - The London Plan promotes policies key opportunity and intensification that retain and boost London’s status Gatwick’s superior transport areas along the Wandle Valley, including connectivity will ensure that growth can as a World Class City Croydon, Lewisham and Clapham easily be distributed regionally; by 2018, Junction. These are well positioned to By bringing greater competition to the Gatwick will be within one change of attract aviation intensive sectors as well London airport system, Gatwick plays over 1,000 rail stations across the UK. as general business sectors that need a vital role in supporting an optimum 4 - The London Plan places policies to take advantage of rapid connectivity airport system for London. It will deliver to the traditional services of the ‘Central the competitive edge and versatility at its core which will benefit both Activities Zone’ (CAZ) but do not need the system needs to respond to rapidly the capital and the wider South city centre office accommodation. changing economics and passenger East through greater growth and 7 - The London Plan seeks to promote demands, enabling London, and the prosperity UK, to meet its growth and competition connectivity to the Central Activities ambitions faster. Gatwick is committed to working with Zones and protect, promote and Local Authorities and stakeholders enhance key clusters within the CAZ Expansion at Gatwick will serve 440 across London and the South East to destinations compared with 413 at respond to population and housing Gatwick provides fast, convenient direct Heathrow, i.e. London will have access pressures adequately. This includes access to six stations within the CAZ. to 10% more markets. Expansion would recognition of its role as part of the Gatwick’s direct links to St. Pancras are also provide greater frequencies to Gatwick Diamond economic region. destinations and it is better placed to advantageous in supporting a global open up access to emerging markets Both Luton and Bedford already benefit gateway to the emerging 23 biomedical by offering more price competitive slots from a direct rail connection with cluster and knowledge quarter around and operational flexibility to foreign Gatwick Airport. From 2018, there will Bloomsbury, King’s Cross and Euston. airlines looking to start new routes to be direct rail services between Gatwick London. These factors are critical to the Airport and Cambridge, Stevenage status of a World Class city. and Peterborough. Such linkages will support the Mayor’s vision for economic 2 - The London Plan seeks to promote growth in the wider South East. London’s role as a Gateway to Europe Gatwick’s operational model is strongly orientated towards Europe and its primary growth market in the future will

22 Connecting London and the South East to the Future. Faster. Connecting London and the South East to the Future. Faster. 23 Equally, Gatwick’s direct links to Croydon is well poised to utilise the Gatwick’s aviation connections also Blackfriars, City Thameslink and expansion of Gatwick to create an support growing industries by providing Farringdon ensures strategic links to Olympic effect and see this part of connections to emerging growth London’s legal cluster around Temple South London regenerated on a markets as well as key European hubs, and Gray’s Inn remain, as well as similar scale. for instance Tech hubs in Amsterdam, the ever growing hegemony of the Berlin, Tallinn and Helsinki. Gatwick will position Croydon as specialised Tech City. London’s ‘Airport City’, making it one of 11 - The London Plan seeks to tackle The unrivalled accessibility of Gatwick the most strategically advantageous deprivation and inequality among to Victoria, directly adjacent to Britain’s locations for businesses to locate, by Londoners key institutional cluster at Westminster, offering the world class services of the further demonstrates the accordance CAZ and a world class airport in Gatwick is within a 45 minute of Gatwick with the London’s Plan Inner equal accessibility. catchment of 15 of the top 20 most London policy. With the strong links between Croydon deprived authorities. Employment 8 - The London Plan seeks to direct and Gatwick, a combined development opportunities at Gatwick could be programme of around £10bn and a directed to these areas via growth to new areas that have employment pacts. capacity for growth partnership agreement being created to target jobs and growth, this part of London 12 - The London Plan seeks to bolster Gatwick is located within a 30 to could be the next big step change in the visitor economy by strengthening London, and therefore the UK economy. 45 minute train journey to most of Strategic Cultural Areas as well as London’s Opportunity Areas, including 10 - The London Plan emphasises the new focus areas such as Tech City. invest in visitor infrastructure in An expanded Gatwick links areas of need to build more homes in London and local opportunity with emerging and tackle affordability issues that are Gatwick’s competitive airport charges current international markets, including crippling residents support a superior offer competitive Croydon, London Bridge, Lewisham, routes to emerging markets, thereby Kings Cross, Euston, elephant and Gatwick will accelerate housing delivery supporting a repositioning of London as Castle and Waterloo. Central London by bringing stronger investor confidence an increasingly inclusive and ‘value for Opportunity Areas with swift, direct rail to development areas like Croydon money’ visitor destination. links to Gatwick, are envisaged as future and Lewisham. Gatwick provides direct rail connectivity foci of employment, with a potential The London Plan promotes economic with many designated Strategic Cultural combined employment capacity of diversification and recognises the need Areas, such as the traditional West 56,000 jobs through to 2031 to provide conditions for growth for End (via London Victoria), - new emerging sectors (e.g. high-tech, 9 - The London Plan promotes Croydon - London Bridge (via London R&D, digital economy), as well as protect as an Opportunity Area Bridge) and Barbican (via Farringdon). current sectors. Gatwick is committed to creating a 13 - The London Plan supports Gatwick airport is becoming ever more strong partnership with the London development with high public Borough of Croydon to deliver popular for business users as the regeneration and jobs. Together, Gatwick emerging new employment sectors of transport accessibility and Croydon could align their objectives London such as digital media, bio- Gatwick is already ‘best in class’ for and already work as partners on joint research and consulting services, public transport modal share and has initiatives including the Pathways to seek cost effective and convenient high aspirations for a 60% share. By Employment Programme. travel options. 2019, Gatwick will be connected directly Croydon is ripe for transformation: Gatwick’s surface access connections to 179 rail stations and over 1,000 rail a relatively deprived part of Outer are directly aligned to key growth areas stations with a single change. London with excellent connectivity such as the tech sector (Farringdon, but not quite capable of capturing Croydon, King’s Cross) and research large scale business investment or job and development sectors (King’s Cross, opportunities for local people. Stevenage, Cambridge).

24 Connecting London and the South East to the Future. Faster. Expansion at Gatwick can provide opportunities to tackle areas of deprivation across South London

Southwark

Lambeth Wandsworth Lewisham

Merton

Bromley Sutton Croydon

Connecting London and the South East to the Future. Faster. 25 Croydon: how expansion at Gatwick can economic gains not felt. The protracted create an Olympic Opportunity regeneration process in and are A decade ago, few people would have testament to this. predicted that Stratford, East London, a destitute industrial wasteland, would The development of a second runway at be transformed into one of the capital’s Gatwick is also critical in strengthening most exciting and dynamic quarters. business opportunities. New tech savvy It has been in receipt of world-class companies in Croydon have been sporting infrastructure, smart new pivotal in helping Croydon to become neighbourhoods and a flourishing retail London’s fastest growing tech cluster hub. What’s more, few would have - the of South London predicted the shift this created in the - with 23% growth of new tech and economic gravity of London towards media businesses since 2001 (against the east. Croydon is remarkably similar a London average of 17.1%). Croydon to pre-Olympic Stratford. Despite now boasts 185 tech businesses with boasting some of the Capital’s strongest 1,384 employees in the city centre and transport connections, like Stratford it a further 830 companies in the wider has suffered from a ‘city edge’ status area. Further job expansion across and a retreating economic function. industries such as these will be realised in South London with a second runway. At just 14 minutes from Gatwick Airport and 12 minutes from Central London, Strengthening Croydon’s Tech City is Croydon is strategically positioned not only beneficial for the sector but to take advantage of the opportunity also has the capacity to drive wide scale presented by expansion at Gatwick and change in Croydon. Tech and media focus wide-scale investment into can be effective agents in rebranding South London. an area, bringing in the coffee houses, hip bars and independent shops that Gatwick can also play a major catalytic subsequently alter the perceived role in instilling market confidence desirability of the location as a place for commercial investors and public to live and work. With such changes, sector partners in Croydon, which housing developers will also be is vital to gain the commitment and confident to invest in Croydon, driving speed of investment witnessed in East housing growth. London around the Olympic Park and in the Royal Docks. Not only will a Overall Croydon is fast taking the top commitment to delivering an additional spot as the new regeneration centre runway by 2025 provide just the type of the Capital; it has already attracted of deadline that an area needs to major retail investment via Westfield drive change and focus regeneration, and has seen a tech boom akin to its the long-term nature of the business neighbour at Tech City in Hackney. With opportunities that increased aviation this mantle comes the opportunity capacity brings ensures longevity of the to create thousands of supply chain regeneration process well beyond 2025. jobs and export opportunities and an Equally, in the absence of a tangible ability to redefine Croydon to a well- catalyst that co-ordinates government connected, vibrant, exciting, highly investment and provides sufficient skilled and thriving part of the Capital short-term and long-term confidence and the South East. for private investment, there is the danger that the physical transformation of place will not be realised, and many of the potential social and

26 Connecting London and the South East to the Future. Faster. Above: Stratford Below: Croydon

Connecting London and the South East to the Future. Faster. 27 28 Connecting London and the South East to the Future. Faster. how Gatwick can add value to South support the transformation of Additionally, the fast connections London’s Growth Nodes London Bridge into one of the most to Gatwick and increased choice advantageous and vibrant business of flights offered through a second London Bridge districts within the capital, as a location runway will support the objective of that will offer excellent accessibility to the London Plan in promoting the Gatwick is just 28 minutes from the airport, traditional CAZ, the City of Strategic Cultural Area of South Bank, London Bridge Station which is London and Canary Wharf. This will Bankside and London Bridge. With undergoing major change as a result help to achieve a longstanding aim increasing hotel development in the of Thameslink upgrades. By 2018, the to increase the economic focus of area, expansion at Gatwick will support station will boast the largest concourse the City of London south of river and a repositioning of London Bridge not in the UK and enjoy increased support the growth of up to 25,000 only a gateway but as a destination in passenger capacity by almost two jobs envisaged for the area by 2026. its own right and an extension of the thirds, making it one of the busiest South Bank and Bankside offer. Expansion at Gatwick will also support hubs in the capital. the growing importance of the area Additionally, £2bn is being invested as a world leading centre for medical in the new London Bridge Quarter, training, research and treatment with in which western Europe’s tallest the location of Guy’s Hospital and the building - - has signified the King’s College Medical School in the emerging ambitions for the area. area, both of which enjoy significant A second runway at Gatwick will international prestige.

Connecting London and the South East to the Future. Faster. 29 Tech City and Farringdon Gatwick provides a direct connection to Farringdon in just 38 minutes. will provide the only interchange between Thameslink, and the , consequently becoming one of the city’s busiest stations and most important interchanges. Farringdon is located adjacent to and Old Street, which together form the hub of London’s Tech Industry, Tech City. Expansion at Gatwick is pivotal to the competitiveness of Tech City: fast access and enhanced international connections are key to driving innovation within the industry as well as supporting the transfer of staff and knowledge. It also supports Tech City’s ability to attract overseas technology firms and act as Europe’s “silicon capital” within a network of other tech hubs.

Nine Elms Due to its proximity to both Clapham Junction and Victoria, Nine Elms will benefit from good accessibility to Gatwick Airport. The entire Opportunity Area, covering 450 acres of land between Park and Bridge, is one of the largest and most transformational regeneration schemes occurring in London. With the £620 million US Embassy scheme proposals at its heart, Nine Elms will be an internationally orientated new residential and business district; poised to benefit directly from increased flight options from an expanded Gatwick airport. Additionally, with the restoration of , the “New South Bank” district will also have a strong cultural and tourism offer.

30 Connecting London and the South East to the Future. Faster. Elephant and Castle Gatwick will open up direct employment opportunities for the local population of Elephant and Castle which still has pockets of deprivation. The area will be directly connected to the airport within 40 minutes, and could play a role in repositioning Elephant and Castle as an attractive commercial location as constrained Central London expands. Already the area is showing signs of a concentration of Latin- American businesses that would be able to strategically take advantage of flight connections from Gatwick. Council also outlines ambitions within the Elephant and Castle Supplementary Planning Document to encourage the development of an enterprise culture and inward investments by providing opportunities for SME start-ups. The combination of a quick connection and growing low-cost carrier business flight options at Gatwick is conducive to this goal.

Clapham Junction Clapham Junction is the UK’s busiest interchange station and provides a direct line to Gatwick Airport in just half an hour. Its high volume of local and regional travellers, business and tourism travellers places Clapham Junction on the map as a gateway to the local, regional, national and international economies. The relationship between Clapham Junction and Gatwick has always been strong and will be further enhanced by expansion at Gatwick. Clapham Junction is currently planning for future growth on the rail network and the local area could realise new jobs strengthening its local economy on the back of Gatwick’s expansion.

Connecting London and the South East to the Future. Faster. 31 gatwickobviously.com // @LGWobviously