Temple Quarter Enterprise Zone Update LEP Conference 15 th November 2011 Alun Owen Service Director, Major Projects, Bristol City Council Paul Appleby Director VID Communications and Chair Bristol Media CIC
Temple Quarter Enterprise Zone Key Features Creative and Technology Hub Superfast Broadband Zone covers 70 hectares There are 12 hectares of land currently with no current use Requirement to achieve 4,000 new jobs in 5 years and 17,000 over a 25 year period New businesses will get up to a 275,000 business rate discount spread over 5 years Growth in business rates within the zone will be retained by the local area to support the Local Enterprise Partnerships priorities Simplified planning
Temple Quarter Enterprise Zone Key Returns An inspirational environment for next generation creative and technology based industries A highly sustainable and accessible location Global connectivity 250m expected business rate return over 25 years for reinvestment locally Attraction of world-leading brands
Temple Quarter Enterprise Zone Securing Infrastructure Key Infrastructure - Remodelling of the transport and services infrastructure Simplified Planning - Currently 370+ businesses - 11 significant development sites - Development of Local Development Orders - area based and site specific Superfast Broadband - Essential for on-going development - Bristol s high speed data network (76km)
Temple Quarter Enterprise Zone Securing Investment Marketing & Inward Investment - Targeting local, national and international markets - Branding/Advertising/Events - Integrated approach with local partners, UKTI, etc Business Rate Discount - Zone currently generates a ratable value of 28m and rates paid of over 12m per annum - The proposals may double this amount to be paid This is available for local investment
Temple Quarter Enterprise Zone Securing Growth Avoiding Displacement Linking with other Economic Priorities Ensuring that businesses are sustainable in the broadest sense Aiming for widest possible benefits
Temple Quarter Enterprise Zone Site Specific
TQEZ : The Opportunity Creative Bristol s 4 Levels THE FOUNDATION - McKinsey, NESTA, CIHE reports - Sticky City, Unorthodox, collaborative? THE 10 MINUTE CITY - A constellation of high quality centres DIGITAL CONNECTION - Speed & Collaboration CO-LOCATION - The produced experience
TQEZ : The Opportunity VISIONING OCTOBER 10 th 200 people as the first engagement cohort, developing a framework of: CORE VALUES CORE PURPOSE GOALS Long-term and Immediate plus outlying CHALLENGES (& SOLUTIONS)
TQEZ : The Vision : Core Values Core Values SUSTAINABLE Ethical, genuinely sustainable, enduring, and creating a legacy INCLUSIVE Reflects & actively promotes the social, cultural & economic diversity of the city INNOVATIVE A centre of excellence for creativity & innovation
TQEZ : The Vision : Core Values Core Values A SENSE OF PLACE A unique soul, a clear culture; enjoyable and hard to leave FOR PEOPLE A living place, a community, not just a workplace LOCAL For Bristol, not just in Bristol
TQEZ : The Vision : Core Values Core Values EVOLVING Stimulates change within itself BIG/SMALL Human-scale, a local heart with a global view INTEGRATED Permeable, linked to the rest of Bristol
TQEZ : The Vision : Core Values Core Values COLLABORATIVE Free-thinking, integrated BEAUTIFUL Exemplary development embracing design best practice & respecting heritage
TQEZ : The Vision : Core Purpose Distilling the core purpose PERCEPTION Front door to Bristol : a beacon for future cities : challenging conventions
TQEZ : The Vision : Core Purpose Distilling the core purpose HOW THE ZONE IS A beautiful, industrious area : connects : cultivates the diversity of creativity in the area, realising potential : launching new business
TQEZ : The Vision : Core Purpose Distilling the core purpose HOW BRISTOL BENEFITS The Zone joins up & enriches the city, tapping in to Bristol as big/small ; It connects inclusively to communities ; creates well-being and reaches beyond, to the region
TQEZ : The Vision : Goals BIG GOALS A zero carbon exemplar GDPP Production + Pleasure Integrated city/transport/community More awards than anywhere else No Boundary to the Zone Best place for business in the WORLD
TQEZ : The Vision : Goals 2016 Goals Redevelopment started Support & capacity building for SMEs Temporary pop-ups Expo 2016 Iconic buildings
TQEZ : The Vision : Vivid Descriptions A mix of working, living, shopping and leisure space a campus, with a human buzz a freshers week feel Temple Meads transformed into an open area, using the tunnels, new entrances An interesting place to hang out piazzas and green spaces - Covent Garden, Borough Market, pop-up shops, independent trading With water transport like Amsterdam or Venice
TQEZ : The Vision : Outliers Challenges Leadership Drawing in talent Success measures & perceptions Zero carbon Engagement & inclusion Funding Planning & timing
TQEZ : The Vision : Next Steps Engagement - present the framework to wider groups Development create instruments based on values & purpose Action creating milestones and deadlines, measures to unblock barriers
Temple Quarter Enterprise Zone Initial Programmes of Work (1) The following key pieces of work will be completed by April 2012: Agree content and shape of area wide LDO Produce draft Urban Design Framework Complete Transportation Strategy Complete Marketing Strategy
Temple Quarter Enterprise Zone Initial Programmes of Work (2) The following key pieces of work will be completed by April 2012 cont d. Identify and implement interim uses of a number of the key sites Meet with existing developers who have planning permissions in the zone Develop sector engagement plans Work with Creative Industry Leads to develop offer in EZ Strategically acquire 2 significant sites Complete feasibility studies on Superfast Broadband