Professional Documents
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Typhoo Wharf
Custard Factory
Beorma
Interconnect Birmingham
Deliver multi-channel, multi-modal movement and information system Three phases; First Phase: installation of around 24 pedestrian wayfinding products (totems) in City Core Second Phase: role out across wider part of City Core including Digbeth. Third Phase: extend the wayfinding system to connect New Street Station and John Lewis
Westside
Southern Gateway
Why Birmingham?
Approach
Consists of seven clusters of 26 sites based on the Areas of Transformation in the Big City Plan Focus on Financial and Professional services, ICT sector, Creative Industries and Digital Media Will provide:
Investment via retained business rates to unlock development sites i.e. TIF model Simplified planning process via two Local Development Orders Support for Super (Ultra) Fast broadband Business Rates relief to support SMEs
What's on offer?
All Enterprise Zones will benefit from
A business rate discount worth up to 275,000 per business over a five year period Retention of business rate growth for a period of at least 25 years Simplified planning approaches for the zone Support for superfast broadband roll-out throughout the zone
EZ Criteria
Criteria;
Considered land/property available for development Either vacant, cleared and have plans for future development. Generating additional economic activity
The Impact
40,000 new jobs
across range of growth sectors
Floor Space Once complete 1.3m sq metres including 700,000 sq metres office/commercial The re-use of 3.8 hectares of buildings/land + 2.bn GVA per annum Increased business rates 70m p.a.
Simplified Planning
Local Development Order Timetable
Agreed in principle by Planning Committee 26th Jan 2012 Consultation/notification with stakeholders, owners/occupiers, statutory and non-statutory consultees Feb/March 2012 Formal agreement by Planning Committee Draft to Secretary of State April 2012 If no intervention after 21 days, becomes adopted.
Next Steps
Draft Investment Plan
4m ERDF Bid just approved; total project value over 10m Stimulate economic growth and job creation To run Spring 2012 - 2015 Improvements to vacant, derelict, underused properties and sites
Two levels of grant: Property Assistance: up to 100K Key opportunities (gap funding): over 100K
Questions