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

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Derby City Embassy - MIPIM 2011

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