Bristol & Bath Bristol & Bath
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COVER Filton Enterprise Area Bristol & Bath Avonmouth Severnside Enterprise Area Development and investment hotspots Emersons Green Enterprise Area Bristol Temple Quarter Enterprise Zone Bath City Riverside Enterprise Area J21 Enterprise Area Contents Investing in Bristol & Bath A £1bn opportunity 02 Key reasons to invest The thriving UK region of Bristol & Bath has been selected as a 04 Bristol Temple Quarter Enterprise Zone growth hotspot by the UK Government, and offers six new business 06 Bath City Riverside Enterprise Area 08 J21 Enterprise Area districts, major transport links, infrastructure and housing projects, 10 Map of investment and development hotspots and expanding world-class centres of excellence. 16 Filton Enterprise Area 18 Emersons Green Enterprise Area Many global and niche players are already thriving here, securing 20 Avonmouth-Severnside Enterprise Area 24 Bristol & Bath market review world firsts and record growth in the region’s five core industries: creative and digital, high tech, low carbon, aerospace and advanced engineering, and professional services. At the heart of this exciting business ecosystem is a cutting-edge research and development base, leading academic institutions and high-calibre graduates. Couple this with an envied natural and built environment – Bristol has been voted the UK’s best city for quality of life* and Bath is a world heritage city – and you have an extremely powerful case for investment. We invite you to invest in this ambitious city region and be part of an extraordinary success story. London 1hr 20mins © BBSP Bristol and Bath Science Park at Emersons Green Enterprise Area *Sustainable Cities Index 2010 01 London London 1hr 20mins 1hr 20mins Key reasons to invest A vision and strategy for success M4 M5 Filton Bristol & Bath has the vision and strategy to grow, and the Avonmouth Enterprise Area Severnside Government and private sector backing to make it happen. Filton 100 hectares Enterprise Area National Composite Centre University of the M4 1,800 hectares West of England Bristol and Bath Avonmouth Science Park Unlocking land and commerce Boosting skills Bristol Port Bristol Robotics Lab • £500m estimated investment through the Bristol City Deal. • Four top universities supply the jobs market with 10,000 Emersons Green • £420m investment through the Strategic Economic Plan graduates every year. M5 Bristol Enterprise Area (currently in negotiation). • Investing in post-16 skills from a slice of a £114m Skills Engine Shed & 45 hectares • £59m European funding direct to the region. Funding Agency award. SETsquared • £1bn land portfolio released for economic growth • A growing population of one million-plus; 42 million Bristol Temple Quarter and housing in Bristol alone.* people within 150 miles. Enterprise Zone • Bristol awarded Green Capital of Europe 2015, 70 hectares accelerating investment in green tech, recycling, University Of Bath’s Bristol Airport Innovation Centre low-energy transport and affordable housing. Expanding centres of excellence Bath City The Guild • Creative industries predicted to grow from £660m GVA J21 Riverside to £1bn GVA by 2020. Bath Spa Enterprise Area University Enterprise Area University of Bath Better, faster transport and connectivity • Aerospace and advanced engineering growth at the 72 hectares 98 hectares • Bristol Airport, already offering flights to 100-plus Advanced Technology Centre. Weston-super-Mare destinations worldwide, is investing millions in new • National Composites Centre benefitting from a £28m Bath M5 transport links and facilities. injection. • Motorway and rail upgrades offering faster links to • Nuclear Research Centre exploiting a £20m research London, the Midlands and beyond. portfolio. • Investment in ultra-fast broadband. Bristol & Bath is a • Green energy breakthroughs at the Bristol Channel Tidal vibrant test bed for ‘open and breakable’ wireless and Energy Test Bed and the UK Tidal Blade Test Facility. Business-ready infrastructure across six enterprise hotspots fixed networks, placing the region at the vanguard of mobile • Major new tech investments: Technology and Innovation communications, ‘smart cities’ and autonomous systems. Centre; university-based centres for innovative Bristol & Bath encompasses one ‘enterprise zone’ and five ‘enterprise • Ten-year transport fund delivering innovative and manufacturing; an enhanced Manufacturing areas’. The Government-backed business districts offer rate discounts, sustainable city-wide metro and rapid transport schemes. Advisory Service. • £450m ploughed into the UK’s leading port,** an simplified planning, on-site partners and customers, superfast broadband international gateway for deep-water container ships. and easy access to labour pools, motorways, rail, airports and ports. *Up to £1bn of Bristol City Council assets and land and property owned by public sector partners will be managed by the Bristol Public Property Board. **Bristol is recognised as the most economical port distribution location in the UK, being able to access a population of 45 million people within a 300km radius. 02 03 Bristol Temple Quarter Enterprise Zone The UK’s most exciting metropolitan business destination Bristol Temple Quarter Enterprise Zone, one of the largest urban regeneration projects in the UK, provides an opportunity to provide 240,000m² of accommodation across a range of uses including commercial, residential, retail and leisure space, all of which will be ideally suited to the needs of creative industries, digital technology, green businesses and financial and business services. Developers and occupiers will benefit from a business rate discount scheme, a simplified planning regime and ubiquitous superfast broadband. Planning permission has already been granted for 110,000m² of development to come forward. Temple Quarter will benefit from a large amount of investment in its infrastructure, including £21m to improve access in the area; £11m to provide superfast broadband, and £200m for the citywide MetroBus scheme which will further connect Temple Quarter with the rest of the city. Access to the former diesel depot site, where the proposed £90m Arena will be located, will be vastly improved with a new £11m multi-lane bridge, whilst Network Rail has committed to investing in the electrification of the line from London to Bristol and a full redevelopment of Temple Meads station, which is set to be completed by 2018. Size a rapid and flexible response to enquiries. 70 hectares A Spatial Framework has been prepared to guide prospective developers and investors. Planning status This non-statutory guidance sets out key 110,000m² of development already has urban design principles, reflecting the city’s planning permission, with capacity to ambitions for the zone. develop at least 130,000m² more. Who’s here Temple Quarter Enterprise Zone Ownership 350 businesses are already in the zone, Illustrative Development Scenario - View 1 The majority of development sites in Temple including prestigious Top 50 law firm Burges City Design Group Quarter are in single ownership. The council Salmon, BT, IBM, Osborne Clarke, Canada April 2013 has put in place a simplified planning system Life and HSBC. New occupants include and dedicated planning service to help reveal EMO, the Real Adventure Company and the potential of sites and provide LICenergy UK, a Danish windfarm developer. 04 05 Size Bath City Riverside Enterprise Area 98 hectares (developable area 36 hectares) A mixed-used riverside development within a World Heritage Ownership city featuring high-value business Bath & North East Somerset Council Planning status The masterplan will be complete in early summer 2014, and will be approved Bath City Riverside Enterprise Area will embody Bath – an internationally as interim planning guidance until adoption as part of the placemaking plan. renowned, beautifully inventive, entrepreneurial 21st-century city. Who’s here Just like Bath, this innovative, creative and business-friendly quarter will have Future Publishing, Buro Happold, BMT Defence, Grant Associates IPL, a strong social purpose and spirit of wellbeing. Here, everyone will be invited Mindspeed Intel, Amdocs, University of Bath’s Innovation Centre to think big and help create an extraordinary legacy for future generations. This unique area also features Bath Riverside: the city’s western riverfront is being transformed into a modern residential quarter to support the city’s flourishing economy and skilled workforce. The vision for the enterprise area is already being delivered by Crest Nicholson in partnership with Bath & North East Somerset Council, Curo and Homes and Communities Agency at Bath Riverside. A masterplan has been commissioned to realise a ‘river park’ focusing on work life, urban life, wildlife, water life and park life. 06 07 Opportunity to Invest J21 Enterprise Area – Leisuredome – Hotel A professional services hub with excellent transport links – Food and Drink Centre of Excellence Junction 21 Enterprise Area provides substantial development opportunity for investors and business looking for easy access to markets across the Junction 21 Worle Parkway M5 Motorway UK, Europe and beyond. J21EA sits alongside the M5 corridor providing Station easy access to the M5/M4 interchange and rest of the UK. It is part of a £1bn expansion of Weston-super-Mare. Weston Gateway Weston Gateway Business Park The 72ha of available employment land provides the opportunity to build (South and Central Gate) on the engineering and high-tech