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Rotherham Economic Growth Plan 2015-25

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Rotherham Economic Growth Plan 2015-25 Rotherham Economic Growth Plan 2015-25 Accessible Enterprising Innovative Prosperous Contents Chapter Title Page 1 Abbreviations and Acronyms 3 2 Executive Summary 4 3 A Growth Plan for Rotherham 7 4 Priority Projects and Programme 13 5 Theme 1 – Grow Existing and Develop New Business 15 6 Theme 2 – Skills for Employment and Progression 18 7 Theme 3 – Inclusion, Wellbeing, and Employment 20 8 Theme 4 – Employment Land and Business Premises 23 9 Theme 5 – Housing 25 10 Theme 6 – Town Centre 27 11 Theme 7 – Transport 29 12 Delivery Plans and Performance Information 31 Appendices 1 SWOT Analysis 44 2 Core Strategy Links 46 3 Growth Zones 48 4 Funding 52 5 Governance 53 6 Predicted Employment Growth by Sector 54 Rotherham Growth Plan 2015-2025 2 2. Executive Summary 2.1 Overview 2.2 Rotherham’s Vision The Rotherham Economic Growth Plan maps out a for Growth programme of investment in economic growth and To make Rotherham a place where: infrastructure over the short, medium and long term. The Plan, which has a 10 year lifetime, is a partnership n businesses will flourish and grow; between the public, voluntary and private sectors. n the population is highly skilled and enterprising; The plan is split into a number of themes, matching n the necessary infrastructure, including housing, closely with the Sheffield City Region (SCR) Strategic is provided to support economic growth. Economic Plan (SEP) to ensure strong links between the The vision is based on creating an economy in which two. These themes are: business will prosper and local residents will have the n Grow existing and develop new businesses enterprise and employment opportunities which reflect n Skills for employment and progression their ambitions and skills. n Inclusion, well-being and employment 2.3 Economic Growth n Employment land and business premises Plan Objectives n Transport Rotherham needs both more and better jobs to increase n Town centre its contribution to the national economy and provide n Housing residents with the employment opportunities to meet The Economic Development team of the Council has their needs. day to day responsibility for ownership of the plan. The Growth Plan will: They will report progress and issues to the Rotherham n Seek to deliver 10,000 net new jobs in the private Business Growth Board. Sub groups, chaired by Board sector over the next 10 years, from the current figure members, and involving appropriate stakeholders, of 92,900. producing delivery / action plans covering the following areas; n Seek to create 750 additional new businesses over the next 5 years through targeting those sectors with n Business Growth greatest potential. n Skills and employment n Seek to increase GVA through starting, growing, and n Town Centre attracting businesses. A major review of the Plan will be undertaken in 2016 to consider relevant findings of the Corporate Governance Inspection, plus strengthen links to the revised Health & Well-being and Community Strategies which will be published later early 2016. Subsequent to that reviews will be carried out every 3 years. Rotherham Growth Plan 2015-2025 3 2.4 Economic Growth n Employment Land and Business Premises: Rotherham will provide the employment land and Plan Themes commercial and industrial premises to support new The themes to the Economic Growth Plan follow those employment. This will include bringing forward new of the SEP as closely as possible; but also add local value employment sites close to the strategic road network to the outcomes. and helping support the delivery of “spec” units for new investors. n Growing existing and developing new businesses: Increase the size and strength of n Housing: It is important that land for new the Rotherham business stock, target support residential development is available to support a on those sectors in which Rotherham has an growing population and changing housing needs, identifiable economic advantage, attract greater including the needs of an older population. The Local numbers of higher value businesses to invest and Plan sets a very challenging target of almost 1,000 locate in the borough. Providing support, including new houses per annum, with major developments access to finance, to businesses with the highest proposed at Waverley, Bassingthorpe Farm and growth potential; to maximise their performance, Dinnington. safeguarding and increasing employment. n Town Centre: The Town Centre is a high priority n Skills for employment and progression: There for the borough, will be a major driver of economic is a need and opportunity to reduce unemployment growth and acts as a barometer of the overall health and increase skill levels amongst the Rotherham of the borough. There is considerable potential communities and provide business with the skilled to increase employment in and close to the town and motivated workforce they require to deliver centre in leisure, retail, office and other commercial growth. The Growth Plan will seek to maximise activities. We will also seek to substantially increase access to sustainable, decently paid employment the residential offer within the town centre, making and relevant training that gives adults and young it a much more vibrant and diverse place to visit, people the best chance of success, alongside work and live. focusing on higher level skills development. n Transport: Rotherham benefits from its strategic n Inclusion, Well-being and employment. location on the motorway network, while new Promoting wellbeing is important to Rotherham development such as High Speed 2 (HS2) has the and by ensuring that the skills businesses require is potential to increase the attractiveness of the communicated effectively to local educators and Borough as an investment location. It is important skills providers the Growth Plan will contribute to that public transport is available which connects resolving the issue of low wages and household local residents to places of employment, both in incomes. This will ensure that workless and low the Borough and in other centres such as Sheffield. income residents are advised effectively on what Improving rail, tram and bus services will be critical they require to gain, or progress, in employment; to meeting this objective, as will promoting greener benefitting from the jobs and business growth that options such as walking and cycling. the Plan will deliver. Rotherham Growth Plan 2015-2025 4 2.5 Priority Projects and Town Centre Programmes n A programme of major capital works have been identified for the town centre. These will build on Business Growth the work to date (rail station, football stadium, n The Sheffield Rotherham Economic Corridor: High Street, etc.), adding to vitality of the town houses major industries including Tata, Forgemasters and increasing its profile as visitor and investor and Alcoa. The University of Sheffield through the destination. Advanced Manufacturing Research Centre (AMRC) • Redevelopment of the Markets Complex: have delivered direct and tangible impacts on The RMBC owned complex is major attractor industry, through technology development and of footfall in the town centre, but needs work demonstration. There are also other major economic to ensure it continues to attract higher levels of assets at the AMP and Sheffield Business Park visitors. including the Nuclear AMRC. • Forge Island: Following the relocation of Tesco, • Advanced Manufacturing Innovation Forge Island is the largest development site District (AMID): Through a partnership available within Rotherham town centre and between Rotherham MBC, Sheffield City Council, essential to the sustainability of the Corporation Sheffield University, Sheffield Hallam University Street side of the town centre. Housing, office or & major land owners; the AMID programme leisure developments have all been identified as seeks to transform and enhance the innovation possible uses. assets within the Sheffield Rotherham Economic • Leisure and visitor: to prioritise the delivery Corridor into the UK’s first manufacturing based of a cinema and hotel within the town centre Innovation District. supported by related developments. • Tram-Train: A 2 year pilot funded by DfT, • Office development: provision of a major new starting in 2017, running a tram on existing office development linking into the town centre heavy rail tracks; from Sheffield City Centre and with easy access to the bus interchange and to Parkgate, via stops at Meadowhall and the rail station. Rotherham Station • Higher Education Campus: the town • Meadowhall HS2 Station: HS2 are currently centre has the potential to accommodate a proposing the construction of a South Yorkshire higher education campus, including student station at Meadowhall, which will act as a accommodation. A similar HE Centre in the catalyst for major economic growth around Dearne would provide coverage for the large Waverley, the AMP and Templeborough, as well scale growth in jobs and employers in this area. as Rotherham town centre. n Increase the Business Incubation Network: Add Visitor Economy to the network of Business Incubation Centres (BICs) n Leisure Development: Pit House West provides that the Council already run; assisting new and an opportunity to develop a nationally significant growing SMEs in the borough. To maximise coverage leisure development close to Rother Valley Park and of the network, the new facility should be located in the M1. Discussions are currently at a very advanced the east of the borough, around Hellaby/Maltby. stage with a major leisure operator. n Yorkshire Man of Steel: The Yorkshire Man of Steel is a landmark sculpture for the region, to be located in Kimberworth overlooking the M1. Rotherham Growth Plan 2015-2025 5 3. An Economic Growth Plan for Rotherham The Rotherham Economic Growth Plan maps out a 3.1 History programme of investment in economic infrastructure One of four Metropolitan areas within South Yorkshire, and activities over the short, medium and long term. Rotherham occupies an area of 28,653 hectares. The Plan, which has a 10 year lifetime, is a partnership Bounded by Sheffield to the west, Barnsley to the north, between the public, voluntary and private sectors.
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