THE TIME IS NOW

PETERBOROUGH: THE CITY OF OPPORTUNITY OUR CITY: WHERE WE ARE an extremely well connected city FOR major UK destinations EDINBURGH City Centre to A1(M) in WELCOME TO UNDER 15 MINUTES international One of the UK’s fastest growing airports less and best connected cities than 2 hours away by road York

Leeds & Bradford 2 HOURS

Manchester DRIVE to Felixstowe A1(M)

East Coast

Main Line and PORT OF LONDON

Nottingham

East Midlands A47 Norwich A14 Direct trains BIRMINGHAM PETERBOROUGH Direct to Birmingham A14 & Birmingham

International Cambridge A1(M) Felixstowe Luton Freight Stansted 39 minutes Oxford Port of London to London King’s Freight Cross Station Heathrow LONDON

DEVELOPMENT OPPORTUNITIES | 2 OUR CITY: BENEFITS

SO, WHY PETERBOROUGH? OUR CITY is changing, and fast

Peterborough is We’re one of the UK’s fastest Gigabit city >  Retail catchment of nearly growing cities with a unique Since becoming the UK’s 1 million entering a new and history as an ancient cathedral first gigabit city in 2013 >  One of the highest business exciting phase in its city and designated a New we’ve now got a full-fibre start-up rates in the UK Town in the 1960s. Now we’re network to nearly every home growth. A thriving, set to be a driving force within and business premises in >  The city also sits within a one of the most innovative and Peterborough. major growth area of the UK cosmopolitan city creative areas of the UK. – covered by the London- Stansted-Cambridge with medieval We want to work with Affordable Corridor and the Oxford- developers, investors and Some of the most affordable roots, our stunning Cambridge Arc within businesses as ambitious as we property and land prices in the & cathedral sits in the are to secure Peterborough’s the country within commuting Peterborough Combined continued economic success distance of London: centre of a vibrant, Authority and make it the best place to multicultural city live and do business in the UK. >  Average house price WHY c.£235,000 Forward thinking that celebrates its Young, diverse and > Grade A office space attitude diversity. growing fast £13.50 per sq.ft We’re a global leader of smart city infrastructure and circular Our cosmopolitan population >  Prime industrial space at economy – leading the way for of over 200,000 is predicted to between £5.75 and £7.25 a more sustainable future. grow to 225,000 by 2040. per sq.ft > Fastest population growth Diversified and robust High employment rate rate of any UK city at 1.6% economy Our economic activity level of per annum over the last 79.3% puts us higher than the A robust and resilient local 10 years UK and regional average. economy of over 7,160 >  Diverse and young businesses spanning world population: 62.2% working University class manufacturers, global development plans age residents, 20.6% food producers, hi-tech giants non-UK nationals and innovative start-ups, and In 2022, a new University in NOw? > It’s projected that 17,600 a strong professional services Peterborough will be open new jobs and 19,440 new sector: with plans to enrol 12,500 homes will have been students by 2030. developed between >  A bustling high street with 2015 – 2036 one of the highest retail occupancy rates in the UK

Peterborough is attracting more and more national and global businesses, the unrivalled transport links and exciting plans for growth make the city a great choice for businesses seeking to relocate or expand - PETERBOROUGH CITY COUNCIL

DEVELOPMENT OPPORTUNITIES | 4 OUR CITY: READY FOR GROWTH

READY FOR GROWTH

full-fibre gigabit network to every home and business £1 billion £30M premise in the city city centre regeneration

£120M at Quays £3M to bring 350 luxury WHAT WE apartments, Hilton UK Future City Demonstrator Fund Garden Inn Hotel, to develop Smart City and circular gin distillery, and economy programmes to protect the modern office environment and drive up productivity spaces ARE DOING £1.2 billion £43M on East Coast Main Line will railway station redevelopment bring the Peterborough – London commute down to Nearly 5 million passengers just 39 minutes used Peterborough train station 2017 – 2018 NOW £20M £60M towards a brand-new university which 77,000 sq ft extension of Queensgate will have 12,500 students by 2035 shopping centre, including a 10-screen multiplex cinema

DEVELOPMENT OPPORTUNITIES | 7 OUR CITY: CURRENT DEVELOPMENTS OUR CITY: CURRENT DEVELOPMENTS

“Fletton Quays will provide a new community for Peterborough’s expanding population, providing high class city centre apartments “The £60 million extension, anchored by a 10-screen Guy Thomas Head of Retail at Empire Cinema, will sit alongside new restaurant Landlease in a striking brands and bring further opportunities whilst positionING Queensgate SHOPPING CENTRE as a architectural style. significant retail and leisure destination” The redevelopment of the South Bank is also HOUSING GROWTH Since 2010, Between 2010 - 2017 over enhancing the city centre time economy and bringing sure to cement Peterborough’s status as one 5,000 homes were built and riverside. A mix of brownfield sites back to life. Peterborough across the city at the residential and commercial These areas will make way for Hamptons, the Ortons and development opportunities of the UK’s fastest growing cities” has consistently a growing number of highly Fengate, providing amenities within some of the busiest skilled young professionals in ranked among and open areas for growing areas of Peterborough are search of an affordable and families. creating fresh opportunities convenient base. the top 10 UK with a busier high street, As growth continues across an even more lively night cities for growth the city, the focus is now on in its housing stock. Bob Weston Chief Executive and Chairman of Weston Homes

DEVELOPMENT OPPORTUNITIES | 8 OUR CITY: DEVELOPMENT AREAS OUR CITY: DEVELOPMENT AREAS A growing city OUR CITY: Peterborough has a wealth of investment opportunities. OPPORTUNITY SITES KEY Opportunity sites 1 Station Quarter 2 North Westgate 3 Northminster Peterborough Station Quarter 4 Rivergate City Council Peterborough Station is a vital rail intersection on the East adopted its local Coast Main Line. Over 5 million passengers use the station 5 University every year with growth of 3% per annum over the next 5 years. plan in July 2019. There is a major opportunity to create a high-quality 6 Embankment This sets out the user experience that will transform visitor impressions of 7 Middleholme overall approach Peterborough and boost the city’s potential as a business location. to development 8 Fletton Quays The vision shared by Network Rail, LNER, the Council and 2 in Peterborough B Combined Authority is to create a state-of-the-art station 1 ou r g gateway building with a new office park and surrounding es to 2036 and Boul 3 retail facilities. North Westgate e v beyond. The a r d schemes outlined This city centre site close to the station is ideally placed for are supported by commuters who want to make 1 the local planning the most of the 39 minute 1 train service to London. North policy. Westgate has plenty of space PETERBOROUGH for commercial and residential premises. CATHEDRAL Bishop’s Road 5 Fengate The ambition is to support city centre based, residential lifestyles providing excellent Northminster access to retail, cultural and leisure amenities. Planning The vision for this site is to policy supports mixed-use 4 create major residential-led, redevelopment including a KEY THEATRE mixed-use development range of retail, employment, 6 within an enhanced public housing, office and leisure realm. The site has potential uses, which integrate 7 for over 150 dwellings effectively with the existing and a new multi storey car retail area. park. Development should protect and enhance local London Road Embankment 8 historic assets, including the Cathedral Precincts and and Middleholme Peterscourt. The council will These sites present exciting support proposals to improve opportunities for major multi- or relocate the market. use commercial sport/leisure/ Interested in further LONDON ROAD information? STADIUM culture facilities and activities, Rivergate and when combined with Contact Opportunity Peterborough: planned pedestrian and Rivergate provides an important [email protected] cycle links, they will be well link between the city centre, the or visit investinpeterborough.co.uk University connected to the river, the River, Embankment and Fletton railway station and the City Quays. There are opportunities From 2022 Peterborough will become home to a new business Centre. Middleholme is for further redevelopment with and technology focussed university with a curriculum geared to identified as an area for future housing and independent retail, high growth sectors of the economy. The campus will expand to residential development with DEVELOPMENT OPPORTUNITIES | 10 food and beverage use. accommodate over 12,500 students by 2030. a high design quality. OUR CITY: LOOKING TO 2050 OUR CITY: OUR ENVIRONMENT OUR CITY: OUR CITY: LOOKING TO 2050 OUR ENVIRONMENT

Peterborough is Peterborough City Council > Invest in public realm and Opportunity knocks Since it became The success of our We’ve shared Peterborough‘s have delivered a wide range has a clear plan for the city’s greenspace to enhance the economy shouldn’t come circular economy and of projects that empower entering a new future with an ambitious city centre environment Peterborough also lies at the one of four UK at the expense of the smart city experiences residents to live sustainably, focus on long-term renewal of meeting point of two of the environment. That’s why at over 30 international shape the city’s future plans and prosperous > Work closely with Network Environment the city’s fabric. We want to UK’s leading growth areas: we’ve committed to creating conferences, collaborating and enhance Peterborough’s Rail and rail operators to chapter. A provide modern amenities for Cities, a fully circular economy in with international partners natural environment. enhance the capacity and > The eastern end of the residents and a bustling centre Peterborough by 2050. to share best practice. pro-growth amenity of the Station Oxford-Cambridge Arc Peterborough that leaves visitors spoilt for We’re even supporting the Quarter and take full > The northern end of has become an agenda will choice, and with a lasting The Future Peterborough establishment of new smart advantage of faster rail the London-Stansted- international programme, run jointly by cities in India in partnership make the most passion for the city. journey times on the East Cambridge Corridor leader in the fields Opportunity Peterborough with the British Standards Coast Main Line and Peterborough City Institute (BSI) and the Foreign of a plentiful Delivery through This ‘Golden Triangle’ of eliminating of smart city and Council, is working with & Commonwealth Office collaboration > Work with the the UK economy will be supply of key industries to embed (FCO). Cambridgeshire and performing as strongly as circular economy waste & employment The delivery of the plan will Peterborough Combined this innovative approach to require strong collaborative Silicon Valley by 2050 and as it strives to resource efficiency across the Organisations like and housing Authority to explore new Peterborough is set to play maximising working between the City funding models and help create the UK’s economy – eliminating waste Peterborough Environmental Council, private developers, an important role in this and maximising resource City Trust (PECT), development investors secure gap transformation. environmental resource housing associations, investors funding for infrastructure lifespans. The City Council Peterborough City Council, opportunities. (including Homes ) Our rapid growth over the capital. has also declared a climate Opportunity Peterborough, > Provide a one stop service lifespans and statutory consultees. As last few decades and high emergency and committed SUSTRANS and programmes for inward investors through such, the Council will adopt an business start-up rates to making its activities zero- like Future Peterborough Opportunity Peterborough ‘open for investment strategy’, has created a thriving and carbon by 2030. offering a commitment to: > Deliver joined up city centre robust economy with world management services to > Provide greater planning class businesses spanning ensure a safe, secure and certainty and help to reduce advanced engineering well managed environment risks for developers and and manufacturing, hi-tech through a new Business investors innovators, a thriving creative Improvement District; and industry, agri-tech, logistics Our green > Proactively work with > Proactively market and and fintech. landowners and developers promote the city centre credentials: to assemble, masterplan and attractions, events and and unlock key sites activities to residents and THE visitors. SOLAR ENERGY ECO-FRAMEWORK A 45-mile network of The fourth highest Embedding knowledge cycleways, footpaths and the new local plan to 2036 – A pro-growth strategY number of domestic of sustainability issues bridleways, designed solar PV installations in in schools across the as part of a sustainable Great Britain city transport system

WORLD Smart City

Encouraging of the Year 2015 sustainable An international award in recognition of our goal to FOREST FOR ZERO WASTE PLACES SHARE PETERBOROUGH 19,440 17,600 12,500 development operate as a truly circular that improves the economic, city. We’re now committed PETERBOROUGH In 2012 Peterborough was A ground-breaking NEW HOMES additional jobs STUDENTS AT A NEW social and environmental to UN Sustainable named as one of six UK resource sharing platform UNIVERSITY CAMPUS conditions in the area Development Goals and Over 180,000 trees will cities to trial innovative for businesses to use creating a zero waste be planted in and around methods of waste across the city economy by 2050 the city by 2030 management and reduction OUR CITY: THE LOCAL ECONOMY OUR CITY: THE LOCAL ECONOMY A LOCAL PASSION,

A GLOBAL HUB The city has several key BUSINESS sectors that are set to grow With its affordable Since 2010, Peterborough’s Enterprise hubs within the jobs market has grown by Allia Future Business Centre, costs, gigabit over 20% and given residents Brightfield Business Hub, significantly over the next 20 years connectivity, increased earning power that’s Haatch, Makerspace and 24% business catching up with workplace Peterborough Workspace are fantastic location earnings. catalysing start-up growth, stock growth which has been higher than The city’s position within and transport links, the UK average for the last 2012-2017 the Oxford-Cambridge Arc Current jobs by sector: five years. Peterborough has and the London-Stansted- fast become one Cambridge Corridor With so many opportunities, 7,160 businesses, of the premier will see the government Peterborough is now investing heavily in housing, home to robotics and food WITH 119,000 inward investment infrastructure, education and manufacturers, 3D printers and 8kJOBS 5kJOBS destinations in transport links to unlock the modular house builders, right jobs full potential of one of the through to logistics giants, Manufacturing Digital & IT the UK. most productive areas of the professional service providers Key employers: BGL Group, country. and digital innovators. and Advanced Remark Group, CDW, DSM Group Engineering We have a fertile digital start-up Key employers: Caterpillar Perkins, environment and several voluntary Peterborough is already the UK HQ of: Peter Brotherhood, Photocentric, groups support digital businesses, OAL, E-Leather, Advanced Handling, freelancers and entrepreneurs – Agile Royal HaskoningDHV, Whirlpool, Peterborough, Digital People in Radical Sportscars, Peterborough and Ministry of Testing.

7kJOBS 33kJOBS Agri-Tech, Food & Drink Financial and Just some of the businesses that have invested in Peterborough in the last five years: Key employers: British Sugar, Professional Services Oakham Ales, Baker Perkins, Kingsley Key employers: Travelex, Access Beverages, Masteroast, Islands Prepaid (Mastercard), Royal Sun Cacao, Produce World, Baker Perkins Alliance, Bauer Media

3.5kJOBS 6kJOBS Construction Key employers: Lesko Modular, Logistics Princebuild, R G Carter Construction, Key employers: IKEA, Amazon, DEVELOPMENT OPPORTUNITIES | 14 Morgan Sindall, Lindum Group Yearsley, Lidl, Lawrence Davis OUR CITY: SUSTAINING GROWTH OUR CITY: SUSTAINING GROWTH

Property in Our proactive approach to growth has seen housing supply keep Peterborough has up with demand. Affordable increased in value land and property coupled with excellent connectivity has by around 40% made us a popular destination since 2010 yet our for professionals who need a residents benefit fast, direct commute to London and easy access to cities like from a lower than Birmingham, Leeds, York and average house price Edinburgh. to earnings ratio. Residents can even enjoy a lively calendar of celebrations thanks to the heritage and cultures of our diverse communities. Peterborough also has one of the highest levels of green space with expansive parks including the beautiful Ferry Meadows and Nene Park, a 2,500 acre country park just minutes from our city centre with lakeside and outdoor pursuits available year round.

© Peterborough CAMRA

Thriving Talent

Residents have access to a first-class There is a huge amount of In 2022 a new university in further education provision Peterborough will open, education system, with a broad selection at Peterborough Regional unlocking more potential of state primary, secondary, academy, College (PRC), City for businesses and residents independent and specialist schools. Ofsted College Peterborough as we move towards a and Greater Peterborough more knowledge intensive rated 85% of schools in Peterborough as University Technical College economy. (GPUTC). Higher education good or outstanding. The curriculum will be wholly opportunities can also be grounded in the needs of accessed at University the local economy to give Centre Peterborough (UCP) graduates the best possible a £9 million ultra-modern careers, attracting talent from campus with undergraduate across the UK and around the courses in over 30 subjects. DEVELOPMENT OPPORTUNITIES | 16 world. OUR CITY: SUSTAINING GROWTH OUR CITY: SUSTAINING GROWTH A connected city Culture – top picks Peterborough has some of the Peterborough lies at a crucial junction in the UK. Annually our train station links 5 million passengers who take advantage of quickest commuter times in the links to London King’s Cross and Eurostar international in under > 900-year-old Norman >  Archaeological country - our parkways can take you 40 minutes, plus direct connections with Edinburgh, Leeds, Cathedral – and burial place Park - a 28 acre site of Newcastle, Cambridge, and Birmingham. of Katharine of Aragon significant historical value from the hustle and bustle of the city built on a > 66 scheduled monuments The A1(M), A47 and A14 are on our doorstep, providing direct settlement. It was home centre to the glorious green expanse including statues by Antony connections to nearby Stansted Airport. to the world’s first crowd- Gormley in our city centre of Ferry Meadows in just five minutes, We’re also a gigabit city with full-fibre infrastructure in place for funded archaeological and to the A1(M) in 15 minutes. all residential homes and commercial premises. > Three theatres showing dig that helped create a everything from pantomimes worldwide community of and comedy performances enthusiasts to ballet shows > Clare Cottage - the former > Museum and art gallery home of poet is housing over 200,000 items located in nearby of national and international – regarded as one of the importance greatest English poets of all time > Metal Culture - providing space for artists and >  – one of creatives. It curates an Britain’s finest Elizabethan exciting programme of houses is just 15 minutes GOING OUT international and UK artists drive from Peterborough. in residence, educational A venue for music and art activities, meetings and events, and the famous events Horse Trials Wherever your We’re well served for nightlife Arena, a 5,000 with wine bars, brasseries, pubs seat indoor venue, also hosts passions lie, and clubs. Our cultural diversity shows, concerts, events, Peterborough has a is reflected in the range of conferences and exhibitions A WEALTH OF eating places with most tastes throughout the year and wealth of facilities catered for, including Indian provides a huge pull for visitors FACILITIES FOR NEARLY for nearly every cuisine at The Banyan Tree, and businesses alike. EVERY PURSUIT & fine dining at independently We’re also home to pursuit and activity, operated Prévost and gastro- Peterborough United Football ACTIVITY pub Dog in a Doublet. whether you’re Club affectionately known as RETAIL out with friends or National chains are well The Posh, the Peterborough represented too with Phantoms ice hockey team, family. Wagamama, Nando’s, and host the UK’s biggest Turtle Bay, Bill’s, Wildwood, annual beer festival outside of Peterborough > Over 13 million people visit Arcade, filled with > Peterborough One Retail Five Guys, Prezzo, Côte London. Peterborough city centre independent retailers Park (PE1) – including has plenty of every year and investments the 50,000 sq ft Van Hage Brasserie, The Handmade >  in retail are seeing buyers Garden Centre with a Kids Burger Co., and Pret A Manger. retail parks and Shopping Centre – stay for an average of 101 Zone which regularly hosts totalling 208,000 sq ft, destinations to minutes – when the UK seasonal family events, it recently underwent a benchmark is 73 minutes! plus access to 17 other keep shoppers £7 million, 22,000 sq ft retailers busy. > Queensgate – the centre’s extension John Lewis has undergone > Maskew Avenue Retail > Brotherhood Retail Park a £20 million refurbishment Park – includes staples like – following a £25 million and a new £60 million Matalan, B&Q, Dunelm, revamp the site grew from cinema development has Currys PC World less than eight to 15 retail units begun. The centre’s 118 a five minute drive from units include Westgate Peterborough city centre

DEVELOPMENT OPPORTUNITIES | 19 Interested in further information? Contact Opportunity Peterborough: [email protected] or visit investinpeterborough.co.uk