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Ocean Gateway Decade of Delivery 50 50 50 OCEAN GATEWAY DECADE OF DELIVERY 50 50 50 THE PEEL GROUP 2019 POSITIVELY IMPACTING PEOPLE’S LIVES COLOUR PLAN - NO PRINT HERE OCEAN GATEWAY – DECADE OF DELIVERY 50 50 50 THE PEEL GROUP 2019 OCEANGATEWAY.CO.UK 3 CONTENTS Foreword 6 Introduction 8 The first 10 years 10 Delivering on Ocean Gateway objectives 20 The next 10 years’ ambition 34 Delivering the Vision 44 References 66 Liverpool2 THE PEEL GROUP | FOREWORD THE PEEL GROUP | FOREWORD FOREWORD In 2008, we set out our vision for It has not been without its challenges Ocean Gateway, a pioneering and whilst a number of projects have programme to drive the had to evolve, the concept, principles and objectives remain relevant. This is renaissance of the strategic corridor particularly the case in the context of the Global Reach encompassing the City Regions introduction of the Northern Powerhouse, of Liverpool and Manchester and Devolution, Mayoral Combined adjacent areas within Cheshire and Authorities, and a rapidly evolving economic and political landscape. Warrington through a £50 billion Looking ahead, for the Ocean Gateway Key programme, involving 50 projects Shipping lines and sea freight and other strategic initiatives to succeed Airlines and air freight over 50 years. in raising regional and overall UK Ten years on we have reviewed how Ocean productivity, we believe a rebalancing Gateway has progressed, its relevance today framework is necessary based around: and what needs to be done to adapt and • ambitious place-based economic and deliver the vision over the next 40 years. spatial policies, Driver of the UK and Regional Economy We are pleased to report that by working • realigned and reinvigorated policies collaboratively with the public and private to support sustainable development, sectors, Ocean Gateway has enabled significant investment, despite the • a new approach to public funding that challenging economic backdrop over the tackles underinvestment in skills and last 10 years. It has supported the creation infrastructure, and promotes private- of employment, learning and business sector investment and trade, particularly opportunities, in turn stimulating further in left behind places, investment in the economy, and enriching • place-based marketing leading to lives in many communities. As well as jobs, the attraction and retention of talented it has delivered significant employment people and organisations to build on space and housing, as well as infrastructure and execute partnership-led initiatives and environmental improvements. such as Ocean Gateway. Bringing together Liverpool and Manchester City Regions A key element of Ocean Gateway has This needs to be driven by an explicit comprised investment targeted at the Government commitment to rebalancing development of key growth sectors which that recognises the opportunities and PEEL’S VISION underpin the North West’s economy challenges presented by disparities including media, digital, logistics, tourism, across the UK. FOR THE OCEAN retail and leisure, as well as supporting vital infrastructure in sectors such as low carbon The Peel Group Board GATEWAY: energy, transport, education and housing. “To maximise the potential of the North West as a globally significant region and major driver of the UK economy, using the Ocean Gateway as an economic powerhouse and environmental asset to enhance, strengthen and bring together the Liverpool and Manchester City Regions.” Ocean Gateway Prospectus, The Peel Group, 20081 6 THE PEEL GROUP | OCEAN GATEWAY 2019 OCEANGATEWAY.CO.UK 7 THE PEEL GROUP | INTRODUCTION THE PEEL GROUP | INTRODUCTION £50 £40 £30 £20 £10 £0 2010 2020 2030 2040 2050 2060 Ocean Gateway investment profile Liverpool2 official opening, 2016 MediaCityUK official opening, 2012 TRAFFORDCITY INTRODUCTION THE PEEL GROUP and supporting their growth – promoting enough renewable electricity to meet the investment over the 50 year period economic investment and securing needs of 120,000 homes), 6 educational The Peel Group is one of the leading remains undiminished. A number of key employment, both directly and indirectly. and pre-school facilities and more than infrastructure, transport and real estate planning consents and partnerships are in We have acted as a partner and facilitator 300 acres of managed green space. The investors in the UK. It is a family owned place and there is the potential to see a working with stakeholders in business, the personal stories captured in The Peel concern and we pride ourselves on our further £10 billion of capital investment in professions, government agencies, local Group’s publication ‘Our Story’3 illustrates family values. Our vision “Creating the the Ocean Gateway in the coming decade. and combined authorities and education the range of positive impacts the projects future from our proud past to positively Given the right economic conditions and providers. have made on impact people’s lives” extends across our with supportive the people of investments and projects. FIRST 10 YEARS government the region. Many “As the nation sets out its course to tackle policies, we The Peel Group has grown through an In 2008 the Peel Group launched the other examples the issues of productivity and prosperity believe our ethos of recycling capital and long-term Ocean Gateway concept and programme, of social impact in a sustainable way, it is incumbent that original ambition commitment, gaining a reputation for promoting 50 projects across the Liverpool in the Ocean leadership is shown in delivering positive of facilitating visionary projects, particularly in the North to Manchester corridor to deliver an Gateway area policies which rebalance the UK economy £50 billion of of England. unprecedented scale of co-ordinated private can be found in and seize all the opportunities that exist in investment sector investment. Working with public and the Peel Group’s the regions to increase prosperity.” Our diverse network of businesses ranges in the Ocean private sector partners, many of the projects Corporate Social from ports to airports; land to leisure; John Whittaker, Chairman, The Peel Group Gateway have made significant progress over the last Responsibility media to hotels; windfarms to biomass in remains decade. Amion Consulting have undertaken Report ‘Living our a portfolio of investments both in listed achievable and an assessment of progress and prepared an Values’4. and unlisted companies. We are seeking to indeed new projects will emerge in future Economic Impact Assessment for the first 10 invest across the UK from the Shetland Isles years given the undoubted opportunities years2. In total £5 billion of capital has been DELIVERING OUR AMBITION to Kent, and Cornwall to Norfolk. that exist within the area. What is clear is invested in that time delivering more than The period from 2008 – 2018 was that Ocean Gateway has made, and will For almost 50 years under the stewardship 8 million sq ft of employment space, 21,000 adversely impacted by the 2008 financial continue to make, a significant contribution of our Chairman, John Whittaker, we have permanent jobs, 4,800 new homes, 307 MW crisis, ensuing credit crunch and more to job creation and the GVA growth goals been making strategic business acquisitions of electrical generating capacity (including recently Brexit uncertainty. Nevertheless, of the Northern Powerhouse. the desire to deliver £50 billion of 8 THE PEEL GROUP | OCEAN GATEWAY 2019 OCEANGATEWAY.CO.UK 9 Aerial View of MediaCityUK and surronding area OCEAN GATEWAY - OCEAN GATEWAY THE FIRST 10 YEARS 10 THE PEEL GROUP | OCEAN GATEWAY 2019 OCEANGATEWAY.CO.UK 11 Dunbar Edinburgh Eyemouth Glasgow Motherwell Berwick-upon-Tweed Galashiels Melrose Ayr Campbeltown Morpeth Newcastle upon Tyne Hexham Gateshead Stranraer Sunderland Carlisle Larne Durham Hartlepool Belfast Penrith Stockton Workington Newtownards Tees Valley Middlesbrough Whitehaven Darlington Windermere Scarborough Kendal Newcastle Ripon Bridlington Lancaster Harrogate Heysham York Blackpool Burnley Bradford Leeds Selby Hull Preston THE PEEL GROUP | OCEAN GATEWAY - THE FIRST 10 YEARS THE PEEL GROUP | OCEANBlackbur GATEWAY -n THE FIRST 10 YEARS MEDIACITYUK TRAFFORDCITY Wakefield PORT SALFORD Grimsby HULTON PARK Bury Bolton Doncaster Wigan Barnsley LOGISTICS NORTH Manchester LIVERPOOL WATERS MediaCityUK PORT OF LIVERPOOL Trafford Rotherham Liverpool WIRRAL WATERS Sheffield Birkenhead Warrington LIVERPOOL JOHN LENNON AIRPORT PROTOS Lincoln PORT WARRINGTON Mansfield INVESTMENT IN 160 OCEAN GATEWAY £1.23 Stoke-on-Trent THEMES MW RCES FLEXIBLE ELECTRICITY OU BILLION S RE £5BNCAPITAL INVESTMENT GVA PER ANNUM GENERATION LE B T A R N A I N “In the 10 years since the launch of A S Nottingham T S P Ocean Gateway over £5 billion has O U S R been invested through partnership T 21,000 & 8 MILLION SQ FT with the public and private sectors Derby L on Ocean Gateway projects. There O EMPLOYMENT SPACE G JOBS I has been significant progress with S T I projects in all three Ocean Gateway C C Pwllheli O S themes. M ” M U 146.9 300 ACRES Neil Lees, Deputy Chairman, N IT IE MW The Peel Group S 4,800 & M E R LOW CARBON A EG N C EN ELECTRICITY HOMES AG PA ERATION ED S Kings Lynn GENERATION GREEN 12 THE PEEL GROUP | OCEAN GATEWAY 2019 OCEANGATEWAY.CO.UK 13 Norwich Gt. Yarmouth Leicester Peterborough Wolverhampton Lowestoft Corby Birmingham Coventry Aberystwyth Northampton Cambridge Worcester Ipswich Cardigan Hereford Harwich Fishguard Colchester Luton Brecon Cheltenham Gloucester Chelmsford Carmarthen Oxford Merthyr Tydfil Pembroke Swansea
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