Derby City Embassy - MIPIM 2011

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Derby City Embassy, MIPIM 2011, Hotel Eden, Wednesday 9th March 2011.

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Derby City Embassy - MIPIM 2011

  1. 1.
  2. 2. Cllr Harvey Jennings<br />Leader, Derby City Council<br />
  3. 3. Derby City Embassy Sponsors:<br />
  4. 4.
  5. 5.
  6. 6.
  7. 7. John Forkin<br />Managing Director, Marketing Derby<br />
  8. 8. “<br />“Derby has the highest proportion of high-tech employment in the UK.” <br />David Cameron – 7th March 2011<br />
  9. 9.
  10. 10. Cambridge5.8%<br />Reading 4.4%<br />Bristol 4.9%<br />UK’s Number One City for High-Technology<br />%ofworkforce<br />UK Average 2.96%<br />Derby 11.8%<br />(source: State of the Cities)<br />
  11. 11. UK’s Number One City for High-Technology<br />Coventry 4,000<br />Number employed in high-tech<br />Leicester 3,900<br />Derby 11,900<br />Nott’m 3,500<br />(source: State of the Cities)<br />
  12. 12.
  13. 13.
  14. 14. 12,000 Employees<br />
  15. 15. 10,000 Office Employees<br />
  16. 16. 300 Employees <br />
  17. 17. 300 Office Employees (100%)<br />
  18. 18. 20 Employees<br />
  19. 19. 20 Office Employees (100%)<br />
  20. 20. New City Centre Office Requirement <br />
  21. 21. Derby – Labour Pool Travel to Work Area (45 Minutes from City Centre)<br />1,716,686<br />
  22. 22. Nottingham Travel to Work Area (45 Minutes from City Centre)<br />1,496,121<br />1,716,686<br />
  23. 23. “<br />“Derby is attracting an influx of well-qualified professionals seeking a higher quality of life.” <br />The Financial Times<br />Derby Profile<br />UK Average<br />Wealthy Executives<br />Affluent Greys<br />Flourishing Families<br />Secure Families<br />Settled Suburbia<br />
  24. 24. “<br />“Art in the heart of England.” <br />
  25. 25. “<br />“One of the world’s top ten easy trips.” <br />
  26. 26. “<br />“Derby...The crossroads of history” <br />
  27. 27. Adam Wilkinson<br />Chief Executive, Derby City Council<br />
  28. 28. MIPIM 2011<br />Council Investments in City Centre<br />Accommodation Strategy<br />Leisure Strategy<br />Castleward Urban Village<br />Regeneration Fund<br />The Future<br />
  29. 29. City Council Investments<br />Connecting Derby £40 million completion March 2011<br />Roundhouse £50 million<br />QUAD £8 million<br />Public Realm (Bridges, Cathedral Green etc) £15 million<br />
  30. 30. Investment in Infrastructure: Wayfinding Strategy £1 million<br />Signage and information boards being installed now<br />UK’s first electronically tagged city – 80 tags in phase 1<br />- Information for visitors<br />- Links to live websites<br />
  31. 31. Council Investment: Council House<br />£34 million new build and part refurbishment<br />
  32. 32. Council Investment: Longbridge Weir Hydro Electricity Plant<br />£2million<br />Start on site early 2011<br />Power for the Council House and the National Grid<br />
  33. 33. Leisure Facility Strategy<br />£50 million total<br />Swimming Pool Hub<br />2/3 sites identified for each<br />Plus ‘testing the market’<br />
  34. 34. Leisure Facility Strategy<br />Multi-functional Sports Facility Hub<br />2/3 sites identified for each<br />Plus ‘testing the market’<br />OJEU being prepared now<br />
  35. 35. Investment in Key Schemes: Castleward Urban Village<br />£100million<br />20 year partnership<br />800 dwellings, new nursery and primary schools, community building, retail/ commercial, active boulevard frontages<br />
  36. 36. Investment in Key Schemes: Castleward Urban Village<br />Phase 1: Spring 2012 = 140 units, 5 acres<br />Boulevard Phase 1<br />
  37. 37. Regeneration Fund: £10 Million<br />MIPIM Launch in 2010<br />No city centre offices in last 20 years<br />Other developments e.g. Riverlights<br />Brief for Regeneration Fund framed in discussion with developers<br />Addressing market failure<br />
  38. 38. Regeneration Fund: Early Schemes Funded<br />Developments with planning permission<br />Site ownership<br />Early starts possible<br />Concentrating on office schemes, and commercial/mixed-use<br />
  39. 39. Regeneration Fund: First Commitments<br />Darley Abbey Mills including World Heritage Site<br />Cathedral Quarter Enterprise Centre - £1m match to £3m ERDF bid<br />Castleward site acquisitions - £1m<br />
  40. 40. Regeneration Fund<br />Targets over lifetime of Fund:<br />- 200,000 sq.ft new offices<br />- £75m private sector investment<br />- 500 skilled jobs created or attracted<br />Cabinet on 15 March with schedule of potential funding:<br /> - Confirming Castleward acquisitions, ERDF match and Darley Abbey Mills<br /> - 5 key schemes for approval totalling £10m maximum Regeneration Fund contribution<br />
  41. 41. Regeneration Fund<br />All of the approved schemes will be implemented – space for another 2 or 3 in next phase<br />All approved schemes will start in 2011/12 – a balanced portfolio of projects<br />www.derbyregenerationfund.co.uk<br />
  42. 42. Regeneration Fund: Outputs in Phase 1<br />Job created/safeguarded - 860<br />Private Sector Investment - £17.95m<br />BREEAM Excellent Floorspace - 101,061 sq.ft<br />Floorspace Refurbished - 25,866 sq.ft<br /> - Initial investments in first two years - £10m<br /> - Direct leverage through 50% JVs = 2:1<br /> - Indirect leverage through related schemes, Public Realm, S106 etc – 7.5:1<br />
  43. 43. Derby Plan (Derby City Partnership)<br />Economic Strategy (Derby Renaissance Board)<br />City Centre Regeneration Framework<br />
  44. 44. Economic Strategy 2011-2016<br /><ul><li>Derby Renaissance Board Ownership
  45. 45. Key Outcomes
  46. 46. 5,700 new jobs by 2016
  47. 47. More new businesses and more hi-tech businesses
  48. 48. More use of shopping, leisure and tourist facilities
  49. 49. Fewer carbon emissions from industry and transport
  50. 50. A better built and natural environment
  51. 51. More good quality affordable housing</li></li></ul><li>City Centre Regeneration Framework<br />Steered development over the last 5 years – 480 hotel bed spaces, 1m sq.ft of planning consents<br />Reviewing existing Masterplans<br />New City Centre Regeneration Framework will address the challenges of the next 5 years<br />
  52. 52. Infrastructure<br />We will build on our investment in: <br />Public Realm<br /> Connecting Derby<br />Rail<br />Superfast Broadband<br />
  53. 53. Regeneration Fund<br /> Recycle proceeds<br /> Extend range/type of investments<br />Total lifetime outputs as predicted<br />
  54. 54. Bob Betts<br />Chairman, Marketing Derby<br />
  55. 55. Join us at…<br />“Mini-MIPIM”<br />The Derby Property Show<br />Wednesday 11th May 2011<br />Pride Park Stadium<br />
  56. 56.
  57. 57. Thank You<br />

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