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Connecting London and the South East to the Future. FASTER Connecting London 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 London Plan 22 Croydon: 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, Gatwick Airport 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 East London. 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 Thameslink 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.
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