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31846 STDC Brochurev3.Indd Building Our Industrial Strategy South Tees Development Corporation Tel: 01642 408000 Teesside Management Offi ces [email protected] Redcar TS10 5QW www.southteesdc.com 3318461846 SSTDCTDC BBrochureV3.inddrochureV3.indd 1-21-2 223/08/20173/08/2017 112:182:18 BACKGROUND AND HISTORY FOREWORD Ben Houchen. Tees Valley Mayor. Chair of the South Tees Development Corporation. The South Tees Development Corporation is an exciting new enterprise that is crucial in promoting the economic development and business growth in our area. Covering 4,500 acres, it is the fi rst business and co-ordinate land British Steel has also made a strong In October 2015, Sahavirya Steel communities affected by the The establishment of a Mayoral Mayoral Development Corporation to ownership will transform this site into and growing commitment to the site. Industries (SSI) went into liquidation, SSI closure, but there is also an Development Corporation, to deliver be set up outside of Greater London. a global industrial hotspot. marking the end of almost 170 years acknowledgement that the Task Force this vision of the regeneration of the These projects, and many more Chaired by me, and supported by of iron and steel making on Teesside. can only go so far in responding to South Tees area, is an important step The opportunity to reunite the in our inward investment pipeline, a powerful board that exemplifi es Immediately following the closure a the economic impact arising from the in the journey towards economic fragmented land ownerships created demonstrate the level of ambition for a strong private-sector and local Task Force was set up with the aim loss of steelmaking to the area. The recovery and sustained prosperity by the break-up of the former Tata our area. community focus, it is the single of providing tailored support to challenge of replacing lost industries for Tees Valley. Steelworks in 2010 presents a once greatest regeneration opportunity Whilst this is a huge development affected workers, local businesses, with long-term, sustainable, in a generation chance to drive our in the UK and anchors Tees Valley’s opportunity for the South Tees area, communities and the wider economy. large-scale employment opportunities economy forward in a world-class response to the Northern it is by no means limited to the The Task Force has been focused for the future generations of Tees Valley location. Under the direction of the Powerhouse and Government’s boundaries of the site and we are on helping workers and families by is one that requires major intervention Corporation’s Board, we will grasp Industrial Strategy. working closely with our partners supporting new business start-ups, and signifi cant investment, as well as this opportunity and create a and local businesses to champion growing businesses and providing an ambitious, but deliverable vision The Development site is well-known carefully chosen balance of major neighbouring sites and the whole help to impacted companies in the and industrial strategy for the area. for including the home of the former investors, cutting-edge industry and of Tees Valley as a place for future SSI supply chain. SSI Steelworks, but that is only part supply-chain services that stretches investment. of the story and the powers handed out across Tees Valley. The Task Force has made a positive down from Whitehall for investment This is a 25 year vision and one that contribution to the people and Already, the world’s largest in infrastructure to attract new will be pivotal in transforming the purpose-built biomass energy plant, South Tees area, and wider Tees MGT Teesside, is being constructed Valley, into a national asset and it is on the site and the area will provide a key part of my mission to deliver access to export for the world’s 25,000 new jobs in Tees Valley over largest Polyhalite Mine, accessed the next ten years. from a 23-mile tunnel to the Sirius Minerals mine in North Yorkshire. 2 3 3318461846 SSTDCTDC BBrochureV3.inddrochureV3.indd 3-43-4 223/08/20173/08/2017 112:182:18 • To contribute to the delivery of UK Government’s Industrial Strategy by supporting the growth of internationally competitive industries with access to global markets. In December 2016 the South Tees Site Company Ltd was established by Government and is responsible for the safe, secure and cost-effective management of the former SSI Key objectives: steelworks site. • To ensure the South Tees area It will play a pivotal role in the safe becomes a major contributor to redevelopment of the South Tees the Tees Valley economy and area working to a “make it safe/keep complements, rather than it safe” strategy. competes, with the rest of the region, bringing the SSI site, and other under-utilised land, back in to economic use • To attract private sector investment ABOUT THE SOUTH TEES and secure good quality, higher DEVELOPMENT CORPORATION skilled and well-paid jobs that are accessible to the people of The UK Government commissioned Lord Heseltine to write an Tees Valley independent report aimed at exploring and supporting industrial • To transform and improve the opportunities for inward investment in Tees Valley. working environment of the site, providing safe conditions to the One of the key recommendations of The South Tees Development workforce and wider community this report, “Tees Valley: Opportunity Corporation site is an area of prime Unlimited”, was to establish a Mayoral land south of the River Tees that covers Development Corporation for the South 4,500 acres. The Vision is to see the Tees area. The resulting South Tees area transformed into a hotbed of new Development Corporation is overseen industry and enterprise that makes by the Tees Valley Mayor and the a substantial contribution to the Tees Valley Combined Authority and sustained economic growth and represents an international level prosperity of the region. This Vision opportunity to grow the Tees Valley sees the creation of up to 20,000 economy, making it one of the UK’s new jobs, directly resulting from the biggest industrial economic prospects. Corporation, in skilled sectors and is heavily focused on manufacturing This is the fi rst Mayoral Development innovation and advanced technologies Corporation outside of Greater London. within a high value, low carbon, diverse It has been set up to promote the and circular economy. economic development of Tees Valley by converting assets in the South Tees The Vision extends to realising a area into industrial opportunities for positive change in the external business investment and economic perceptions of the South Tees area, growth which, once fully developed, and the wider Tees Valley, to potential will contribute an additional £1 billion inward investors. per annum to the Tees Valley economy. 4 5 3318461846 SSTDCTDC BBrochureV3.inddrochureV3.indd 5-65-6 223/08/20173/08/2017 112:182:18 Benefi ts for investors The South Tees area and wider Tees Valley industrial zone has some of the lowest operating costs in the UK, with rents and rates about half of most major cities, and a quarter of those in London and Aberdeen. Investors will also benefi t from lower energy prices. The area is home to an experienced and highly skilled workforce, with the lowest staff turnover of any other UK region, guaranteeing companies investing in South Tees access to a secure, highly effi cient workforce. SOUTH TEES DEVELOPMENT CORPORATION SITE Connectivity The South Tees Development through the vital gateway provided by Teesside Airport is a national and Location Corporation site has excellent road Darlington. European gateway, supporting the Tees Valley’s transport routes link other The site covers approximately 4,500 acres of land to the south of the River connectivity. The A66 East-West route connectivity of Tees Valley to global industrial and manufacturing hubs Located at the mouth of the River Tees and is wholly in the Borough of Redcar and Cleveland. It is in the heart commences at the site boundary markets. The airport is in close across Yorkshire, Humber, the North Tees, and encompassing the of Tees Valley’s industrial zone and benefi ts from strategically important and there is also easy access to the proximity to the rail line, which West and the rest of the North East. important assets of Teesport and businesses, facilities and operations, which includes the site of the former A19 North-South route, both of which connects the main centres of Combined with the international Redcar Bulk Terminal, the area could SSI steelworks, as well as other industrial assets. provide access to the M62 and A1(M) population, including the South Tees gateways at Teesport and Teesside not be better located to capitalise on strategic routes. Development Corporation area. Being at the mouth of the River Tees, the area benefi ts from river access and Airport, they provide some of the the unique selling point of excellent sea encompasses the major port facilities of Teesport and Redcar Bulk Terminal. fastest access for businesses and The site benefi ts from national rail transport connectivity and the deepest The South Tees area benefi ts from being situated within a major export region residents to national and international connectivity for passengers and freight, port on the eastern coast of the UK. for the UK, with Teesport being the largest exporting port in England. markets and employment. These fast with direct rail links to the East Coast This is a major asset to attract global Immediately to the south of the site is the world-renowned major industrial commuting times are a key selling main line and Trans-Pennine routes businesses and realise an complex of Wilton International. point to attract businesses and people providing access to all parts of the international-scale industrial centre to the area.
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