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Driving Growth

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Driving Growth DRIVING GROWTH ‘Britain’s coolest little city by the sea’ GQ Magazine WELCOME TO BRITAIN’S OCEAN CITY Plymouth is a spectacular waterfront city offering exciting development opportunities making it a top location to live, work and do business. As an ambitious and confident city, Plymouth continues to grow at a rapid pace. With £500 million of property deals in the pipeline and an approved capital programme of £378 million at the end of January 2019 there is no better time to invest. Plymouth is seeing many exciting changes, with even more on the horizon. British Land are well underway with developing their £53 million investment in Drake Circus Leisure, creating a new leisure destination right in the heart of the city centre. We have seen the construction sector in Plymouth grow by 24 per cent since 2011 compared with 11 per cent nationally. Plymouth is also leading the way with the Mayflower 400 commemorations and celebrations in 2020. This exciting year will see the opening of The Box, a multi-million pound development that will transform the existing buildings into a new, unique cultural attraction that highlights Plymouth and its place in the world. Whether you’re looking at starting a new enterprise or relocating a current business, Plymouth will help you flourish. Councillor Tudor Evans OBE Richard Stevens Leader, Plymouth City Council Chair of Plymouth Growth Board City Vision One of Europe’s most vibrant waterfront cities, where an outstanding quality of life is enjoyed by everyone. 180614 dgm updated graphics for Growth Brochure crop marks.pdf 1 14/06/2018 15:43:48 180614 dgm updated graphics for Growth Brochure crop marks.pdf 2 14/06/2018 15:43:48 KEY PLAN IN NUMBERS Countryside/ TO TAVISTOCK £ Hospital Community Park MoD Dockyard WHAT WE WANT Sports hub European £ Offices A386 Marine Site Improving nowledge TO ACHIEVE health inequalities District heating £ industries Port Housing Medical sector less than tilities 2% Transport capacity Ocean City infrastructure of our waste Sustainable C City Centre Heritage assets going to landfill transport live within District Centre Cultural hub JOBS Train Station D 1hectare nearly DERRIFORD AND Strengthening 2 football pitches of Coach Station communities Events 800m NORTHERN nature reserve per to nearest CORRIDOR PR Park and Ride isitor economy Waste recycling 400m GROWTH of a bus stop 1,000 people primary school Transport quality Minerals Local Centre AREA gateway L Transport £ Distribution Community safety 20,400 connectivity £ Business/energy 243,000 £ new obs Plymouth niversity park rban fringe sm of employment D £ TAMAR a c Marine and SW Devon a c b Primary school industries space £ b population of , BRIDGE N 1 001 © Crown copyright and database rights 2017 Ordnance Survey 100018633 Plymouth PR days best support SALTASH AREA OF A38 SEARCH at the start of Policy 300,000 child’s life Area 0.15 CO2 hectare per 1,000 400mwalking distance people of allotments/ to nearest local reduce carbon a c community food b play space emissions by C RAILWAY STATION C growing space AREA OF SEARCH RAILWAY STATION M AREA OF SEARCH M CITY CENTRE £ 50% Y £ Y . AND 0 79 4,550 £ hectare per 1,000 A374 MoD WATER FRONT new affordable CM GROWTH CM people of playing homes Plymouth AREA pitch £ A38 Policy Area MY TORPOINT CITY MY CENTRE 800m PR to nearest CY CY convenience C £ CMY CMY store , L 19 000 £ a c Mbps £ b 400m 25 new homes K £ K to nearest to all premises Plymouth Policy accessible access of broadband EASTERN natural space Area CORRIDOR GROWTH AREA PR AREA OF SEARCH A379 BRITON PLYMOUTH POLICY AREA SPATIAL PRIORITIES LEADING HEALTHY GROWING INTERNATIONAL ILLUSTRATIVE CITY CITY CITY CITY The city’s three growth areas have been identified as key to delivering major growth in housing, employment A city fulfilling its strategic People live in happy, healthy, A city which has used its Plymouth is internationally and associated infrastructure to drive Plymouth’s growth. role as a major economic safe and aspiring strengths to deliver quality renowned as the ’s driver for the heart of communities and sustainable growth premier marine city, and the South West famous for its waterfront, maritime heritage and culture. 180614 dgm updated graphics for Growth Brochure crop marks.pdf 1 14/06/2018 15:43:48 180614 dgm updated graphics for Growth Brochure crop marks.pdf 2 14/06/2018 15:43:48 KEY PLAN IN NUMBERS Countryside/ TO TAVISTOCK £ Hospital Community Park MoD Dockyard WHAT WE WANT Sports hub European £ Offices A386 Marine Site Improving nowledge TO ACHIEVE health inequalities District heating £ industries Port Housing Medical sector less than tilities 2% Transport capacity Ocean City infrastructure of our waste Sustainable C City Centre Heritage assets going to landfill transport live within District Centre Cultural hub JOBS Train Station D 1hectare nearly DERRIFORD AND Strengthening 2 football pitches of Coach Station communities Events 800m NORTHERN nature reserve per to nearest CORRIDOR PR Park and Ride isitor economy Waste recycling 400m GROWTH of a bus stop 1,000 people primary school Transport quality Minerals Local Centre AREA gateway L Transport £ Distribution Community safety 20,400 connectivity £ Business/energy 243,000 £ new obs Plymouth niversity park rban fringe sm of employment D £ TAMAR a c Marine and SW Devon a c b Primary school industries space £ b population of , BRIDGE N 1 001 © Crown copyright and database rights 2017 Ordnance Survey 100018633 Plymouth PR days best support SALTASH AREA OF A38 SEARCH at the start of Policy 300,000 child’s life Area 0.15 CO2 hectare per 1,000 400mwalking distance people of allotments/ to nearest local reduce carbon a c community food b play space emissions by C RAILWAY STATION C growing space AREA OF SEARCH RAILWAY STATION M AREA OF SEARCH M CITY CENTRE £ 50% Y £ Y . AND 0 79 4,550 £ hectare per 1,000 A374 MoD WATER FRONT new affordable CM GROWTH CM people of playing homes Plymouth AREA pitch £ A38 Policy Area MY TORPOINT CITY MY CENTRE 800m PR to nearest CY CY convenience C £ CMY CMY store , L 19 000 £ a c Mbps £ b 400m 25 new homes K £ K to nearest to all premises Plymouth Policy accessible access of broadband EASTERN natural space Area CORRIDOR GROWTH AREA PR AREA OF SEARCH A379 BRITON PLYMOUTH POLICY AREA SPATIAL PRIORITIES LEADING HEALTHY GROWING INTERNATIONAL ILLUSTRATIVE CITY CITY CITY CITY The city’s three growth areas have been identified as key to delivering major growth in housing, employment A city fulfilling its strategic People live in happy, healthy, A city which has used its Plymouth is internationally and associated infrastructure to drive Plymouth’s growth. role as a major economic safe and aspiring strengths to deliver quality renowned as the ’s driver for the heart of communities and sustainable growth premier marine city, and the South West famous for its waterfront, maritime heritage and culture. TEN REASONS TO INVEST IN PLYMOUTH, BRITAIN’S OCEAN CITY 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. 1 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. 2 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. 3 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. MEDICAL, HEALTH AND LIFE SCIENCE CLUSTER Plymouth has one of the largest hospitals in Europe and over 7,000 students enrolled in the medical, health and 4 life science courses. Over 150 businesses operate within Plymouth Science Park. CONNECTED Superfast broadband coverage is 99%, and Ultrafast broadband is 92 per cent (higher than the UK average of 84 per cent). It ranks seventh in the country on ultrafast broadband. 5 Plymouth has the biggest free wi-fi network in the south west, covering the city centre, the Hoe and waterfront. 21 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. MARINE SCIENCE Plymouth is a global centre of excellence for marine science and technology and has one of the largest clusters 6 of expertise in the world. With 7,100 skilled people in marine manufacturing working in the city, the sector includes global research partners: Plymouth Marine Laboratory, Marine Biological Association, University of Plymouth and the Continuous Plankton Recorder (CPR) Survey (previously known as Sir Alister Hardy Foundation for Ocean Science). The blue tech / marine sector in Plymouth accounts for 21 per cent of the national blue tech /marine employment. This is 11.3 per cent of the city’s total employment. Key businesses include Babcock International, Thales and Princess Yachts.
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