Plymouth Growth Board Matt Ward, Head of Strategic Development - PowerPoint PPT Presentation

Plymouth Growth Board Matt Ward, Head of Strategic Development Projects, Plymouth City Council Ocean City Infrastructure 17 June 2019 OFFICIAL

Structure of Presentation  Current projects  Policy context  Future projects OFFICIAL

HEADLINES  2018/19: 2,336 direct jobs 2,827 indirect jobs £207m inward investment  £98m approved capital programme  £40m grant funding secured  £500m property deals in the pipeline  Adopted Joint Local Plan OFFICIAL

CITY VISION: BRITAIN’S OCEAN CITY One of Europe's most vibrant Vision - Britain's Ocean City waterfront cities where an One of Europe's most vibrant outstanding quality of life is enjoyed waterfront cities where an by everyone outstanding quality of life is Vision - Britain's Ocean City enjoyed by everyone One of Europe's most vibrant waterfront cities where an outstanding quality of life is enjoyed by everyone

MILLBAY Completed to date: 424 homes, 6944sqm commercial, 1,000 place free school, English Cities Fund 179 berth marina and 136 restaurant and interim ‘boulevard’ link to city centre apartments (Plot A2) and £215m 80 extra care apartments (Plot C2) under construction, programme to transform 126 bed hotel + Future plots include 15 acre former commercial + 58 docks area more homes, Clyde Quay Apartments (plot C1) leisure/retail, office and in planning 500+ space car park OFFICIAL

MILLBAY • New boulevard • 2018: £5.5m Council funding for public realm improvements • Completion early 2020 • Hotel OFFICIAL

OCEANSGATE PHASE 1 • New home of marine enterprise • First phase completed • 74 direct jobs • 90 indirect jobs • Marine Business Technology Centre OFFICIAL

OCEANSGATE PHASE 2 • 2,300m 2 office and light industrial space • Linked to phase 1 • Work underway, due to complete 2020 OFFICIAL

OCEANSGATE PHASE 3 14,000m 2 offices and workshops: • 5,600m 2 new space and 7,400m 2 existing buildings Marine and advanced technologies • Land, docks, jetties and a range of • industrial buildings OFFICIAL

DRAKE’S CIRCUS LEISURE 12-screen Cineworld • IMAX cinema 15 restaurants • 420 new car park • spaces Add image OFFICIAL

DRAKE’S CIRCUS LEISURE 318 direct jobs, • 386 indirect jobs Open this autumn • 68% let: • Five Guys Zizzi Cosy Club Nando’s Paradise Island Only leisure • development outside London Add image opening in 2019 OFFICIAL

CHARLES CROSS • BT work started November Main works • February 2019 Works • scheduled for completion mid October Cost: £7.4m • £2.1m Growth • Deal • £5.3m s106

DERRY’S • PCC-enabled £50m project • 9,000m 2 retail / leisure • 11-bed Premier Inn • 500-bed student accommodation • Completion December 2019 Add image OFFICIAL

THE BOX • The BOX will put heritage and art at the heart of the city • £39m project, 165 direct jobs, 200 indirect jobs • Opening Spring 2020 (build complete September, fit out follows) OFFICIAL

THE RANGE • £25m project • 6,000m 2 retail / 7,000m 2 office • New head office • 450 new jobs • Completion September OFFICIAL

JOINT LOCAL PLAN 2014 – 2034 OFFICIAL

Value of Recent Planning Permissions and Developments £450,000,000 £400,000,000 £350,000,000 £300,000,000 £250,000,000 £200,000,000 £150,000,000 £100,000,000 £50,000,000 £0 2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 OFFICIAL

Derriford Transport Scheme Completed 2018

Northern Corridor Strategic Cycle Network Expanded 2018

Forder Valley Link Road Progress / Update: DfT Business Case Submitted 11/1/19  Costs have increased through   poor ground conditions  Link road & bridge wider, but future proofed  Bigger scheme = More environmental mitigation  Design development during Pre- Construction  Existing carriageway condition DfT Business Case Costs £49.36m: structurally poor. Highways England £4.47m  Site Clearance works to start from  DfT £22.55m  February 2019 with Main works S106/developer £4.47m  starting in Autumn 2019 PCC £17.86m  Completion Autumn 2021 

Woolwell to the George  Dualing of A386 from George Junction to Woolwell Roundabout  Improvements to Woolwell Roundabout  £15.7m scheme  Will be part of PCC bid to Transforming Cities Fund  Construction: 2021/2022

DERRIFORD DISTRICT CENTRE Add image OFFICIAL

RAILWAY STATION • £80m regeneration project • Key gateway Add image OFFICIAL

RAILWAY STATION • University refurbishment of “Intercity Place” • Station concourse improvements • New car park • Hotel • Second university building • New retail and office space • Improved public Add image realm and pedestrian links OFFICIAL

RAILWAY STATION Add image OFFICIAL

HOTEL DEVELOPMENT • Bath Street: 175-bed Moxy Marriott • Derry’s: 110 -bed Premier Inn • Millbay: 110-bed Premier Inn • Railway station: 130- bed hotel • Home Park: 116-bed hotel • Royal William Yard: 14-bed hotel by Bistro Pierre • 4 other confidential opportunities OFFICIAL

ROYAL WILLIAM YARD • Cinema • Retail • Offices • Residential OFFICIAL

CIVIC CENTRE / CIVIC SQUARE Civic Centre • £35m project • 144 apartments • Restaurants • New public realm Civic Square: £2.5m public realm • improvements Add image OFFICIAL

OLD TOWN STREET / NEW GEORGE STREET • Kiosk / pavilion retail units • New public realm • £30m partnership between British Land and the Council • £10m funding from the Council • Due to start late 2019 Add image OFFICIAL

OLD TOWN STREET / NEW GEORGE STREET OFFICIAL

BATH STREET • £40m regeneration project • Homes England investment • 147 new homes • Ground floor retail units OFFICIAL

COLIN CAMPBELL COURT • £50m regeneration project • Homes England investment • Residential-led OFFICIAL

ASSET INVESTMENT FUND: LANGAGE • Hearder Court • Phase 1 complete & let • Phase 2 complete & part-let • Phase 3 planned OFFICIAL

ASSET INVESTMENT FUND: PHOENIX WHARF PIER • £0.5m PCC investment • Ready for Mayflower 2020 OFFICIAL

ISSUES  Land  Build cost  Values  Brexit  Funding / investment  Availability of grant funding OFFICIAL

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