Regeneration Strategy

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Regeneration Strategy Isle of Wight Regeneration Strategy Isle of opportunities Sandown 2 Isle of opportunities Contents Executive Summary ................................................................................................................................ 5 Foreword ..................................................................................................................................................13 Introduction ............................................................................................................................................14 Where are we now? ..............................................................................................................................16 Place .................................................................................................................................................16 Financial Sustainability ..............................................................................................................16 Unique Island Characteristics ..................................................................................................16 Population ......................................................................................................................................17 Economic Base ..............................................................................................................................18 Business Base ................................................................................................................................18 Connectivity ..................................................................................................................................18 Where do we want to be? .................................................................................................................19 What people like about the Island ........................................................................................19 How would people like to see the Island described in future? ...................................20 How do we get there? .........................................................................................................................23 Physical Regeneration ...............................................................................................................24 Housing ...........................................................................................................................................29 Infrastructure ................................................................................................................................35 Public Sector Assets as Pump Primers .................................................................................39 Skills and Business Development ..........................................................................................43 Area Regeneration ......................................................................................................................51 Communications, Engagement and Partnership Working ...........................................57 Monitoring and Evaluation ......................................................................................................58 Resourcing Regeneration .........................................................................................................59 Appendices ..............................................................................................................................................60 Appendix 1: Area Profiles ..........................................................................................................61 Appendix 2: Area Regeneration - Key Priorities and Actions .......................................66 Appendix 3: Action Plan ...........................................................................................................68 3 Isle of Wight Regeneration Strategy DRAFT: VERSION 6 June 2018 Consultation This draft strategy is a consultation document and feedback from stakeholders is welcomed. We have asked a series of questions throughout the document, which are intended to suggest areas which you might wish to comment on, but please feel free to tell us anything else you think we need to consider before finalising the regeneration strategy for the Island. Please visit iwightinvest.com for details on how to respond, and to see the list of events being held to discuss the strategy. You can also send your responses directly to [email protected] or send by post to: Regeneration County Hall High Street Newport PO30 1UD The consultation runs from 19 July 2018 to 12 October 2018 Cover picture: Carisbrooke. Right: Cowes 4 Isle of opportunities Isle of Wight Regeneration Strategy Executive Summary 5 Our vision is for the Isle of Wight to be an inspiring place to grow up, live, work and visit. This 2018-2030 Regeneration Strategy for the Isle of Wight aims to set out how the council is leading the agenda to ensure the economic future of the Island and create the Island that is a great place to grow up, live, work and visit. The strategy sets out where we are today and the actions and activities we believe will enable the vision for the future to be realised. Following a year of conversations and discussions, this document aims to capture the challenges the Island faces and set out the ways in which these challenges might be overcome during the next 10 to 12 years. The strategy is split into six key themes and these are outlined in detail and each theme asks for your views on what has been written and what is planned. This executive summary is designed to allow the reader to get a snapshot of the document and set out what we mean by each theme and some of the key activities and actions that are planned. We would welcome your input as a resident, a business, an interest group or as any other representative group. The consultation for the strategy runs from 19 July 2018 to 12 October 2018, with a series of events and workshops being held as well as the ability to respond online. Please visit iwightinvest.com for details on how to respond and the list of events being held to discuss the strategy. WHAT PEOPLE LIKE ABOUT THE ISLAND WHAT PEOPLE WOULD LIKE TO SEE MORE OF • Better transport links • Better paid jobs • Better health care facilities • Better protection of the environment • Affordable housing • Leisure facilities for all ages • Cultural facilities 6 Executive summary Isle of opportunities HOW PEOPLE WOULD LIKE THE FUTURE TO LOOK This is the key starting point. These aspirations, developed by the collective community need to be balanced carefully with the overriding requirement for the Isle of Wight Council to make better use of its assets to generate income to sustain services. These aspirations are never far from the thinking behind the key projects within the seven main elements of this strategy. Physical Regeneration (see pages 24 to 27) For the Isle of Wight, physical regeneration is making best use of our assets to create the environment in which new businesses can locate, local businesses can grow and delivering appropriate housing in the right locations. It’s about preserving the best, replacing the worst, striving for high level design and build quality and ensuring that future growth does not adversely impact on the natural beauty of the Island or the resources we have. How will we achieve this? • Making best use of the council’s own property and land assets. Transforming unloved assets into vibrant and thriving living, working and leisure environments • Enabling others to do similar with their own assets through a new Island Plan and pro-development approach to planning Key projects • Newport Harbour • Redundant school sites • Ryde Nicholson Road • Pier Street toilets • Shanklin Spa • Medina Yard • BAE Campus • Harcourt Sands • Sandham Middle School and Bay Academy site • East Cowes Marina Development • Kingston Marine Park • Camp Hill prison site • Island Technology Park • Ryde East developments, including • Dinosaur Isle and surrounding land Pennyfeathers 7 Housing (see pages 29 to 34) In the context of regeneration, housing refers to new housing units added to the Island’s housing stock or bringing old and run-down housing stock back into use. There are a variety of ways in which this can be achieved in both the social and private markets but ultimately, increasing the council tax base from new units is the income generation that is vital to the medium term financial plan of the council. That being said, we are clear that housing should be in the right locations, of the right tenure and to meet the right market demographics. How will we achieve this? • Continue to negotiate the best possible quantum of affordable housing from developments and where the council accepts financial contributions, ensure there is an appropriate model in place for building new homes with the funds collected • Develop appropriate delivery models to allow the council to build and own housing in both the private and affordable sectors • Bring empty properties back into use to provide good quality housing • Directly deliver or enable the delivery of 143 units of Island independent living housing per year Key projects • Sandham Middle School site is developed as an outstanding example of Island independent living with community and intergenerational facilities • Deliver 100 to 200 units of affordable housing per year • Ensure there is an up-to-date housing strategy • Create a pipeline of development opportunities
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