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The Ba The Bays Precinct ys Precinct Reference Gr erence Group oup Business Workshop August 2016 We Welcome Holly Langler Agenda Ag Whit White Ba e Bay P y Power Station updat r Station update Over Ov ervie view of inno of


  1. The Ba The Bays Precinct ys Precinct Reference Gr erence Group oup Business Workshop August 2016

  2. We Welcome Holly Langler

  3. Agenda Ag Whit White Ba e Bay P y Power Station updat r Station update • Over Ov ervie view of inno of innovation district resear tion district research ch • Workshop discussion rkshop discussion • Re Report b back • Ov Over ervie view of ne of next st xt steps eps • 3

  4. Presentations Presentations Nathan Penberthy Duncan Read

  5. Whit White Ba e Bay P y Power Station r Station 5

  6. Whit White Ba e Bay P y Power Station r Station Request f est for Pr r Proposals oposals • Held from October 2015 to February 2016 • 13 submissions received from Australian and international proponents • Closed in June 2016 with no further stage Ne Next st xt steps eps • Immediate priority • UrbanGrowth NSW to act as master developer • Initial focus on Power Station building and securing end users • Staged program of development 6

  7. National agenda and vision f National agenda and vision for NS r NSW “The industria “The industrial relic of the Whit relic of the White e Ba Bay P y Power Station r Station and surr and surrounds will ounds will be transf be transformed int ormed into a global centre a global centre f for high-t r high-tech jobs and inno ech jobs and innovation.” tion.” Premier Mike Baird, Bradfield Oration, October 2015 8

  8. Inno Innovation districts tion districts ‘a synergistic relationship between people, firms, and place that facilitates idea generation and accelerates commercialisation’ Bruce Katz, Brookings Institution, 2014 9

  9. Inno Innovation district studies tion district studies • Katz & Wagner, Brookings Institution ‘The rise of innovation districts: A new geography of innovation in America’ (2014) • McKinsey & Company ‘Cultivating a successful innovation district’ (2016) • Future Cities Collaborative ‘Growing the Australian innovation economy’ (2016) 10

  10. AT ATP S Sydney 11

  11. Sydney cont Sydne context 12

  12. Global success f Global success fact ctor ors A networked concentration of talented people who Human capital embrace a collaborative, risk-taking culture The scale, density and exposure of economic activity is Economic composition deep, anchored by key tenants and mixed uses Infrastructure and connectivity is delivered early, Infrastructure often in partnership, and is reliable Patient and stable partnerships, with passionate and Governance nimble leadership Brand and identity is authentic Identity From: How to create a successful Innovation District, McKinsey &Company, 2016 13

  13. Workshop discussions rkshop discussions Your vie ur views on ho s on how w w we can… can… Attract, gr ttract, grow and re and retain talent? tain talent? • Suppor Support activity and ne activity and netw twor orks? ks? • Connect and ser Connect and service future needs? ice future needs? • Encourage patient par Encourage patient partner nerships? hips? • Build an authentic identity? Build an authentic identity? • 14

  14. Wo Workshop discussions discussions

  15. Re Report back back

  16. Ne Next st xt steps eps Workshop summar shop summary and e y and evaluation aluation • Ne Next R xt Reference Gr rence Group activity oup activity • New w Ne w websit bsite • Inno Innovation district strat tion district strategy egy • Fu Further r reading • 17

  17. Thank y Thank you

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