Norfolk and Suffolk Enterprise Zones - Delivering clean growth and innovation on our strategic investment sites - New Anglia LEP
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Norfolk and Suffolk Enterprise Zones Delivering clean growth and innovation on our strategic investment sites Five year strategic plan (2021-26)
Enterprise Zones have for many years been part of the UK Government’s wider plans for growth to support businesses and enable economic prosperity in key areas. They have established themselves as the driving force of many local economies as they unlock key development sites, consolidate infrastructure, attract business and create jobs. The New Anglia LEP area of Norfolk Great Yarmouth and King’s Lynn as Anglia LEP and district and county and Suffolk is home to two multi-site well as larger urban areas such as local authorities have enabled Enterprise Zones which were awarded Greater Norwich and Ipswich and reinvestment of retained rates status in 2012 and 2016 respectively. surrounding area. income to help unlock commercial The two Enterprise Zones cover 16 sites through new infrastructure as All business rates growth generated commercial development sites which well as supporting programmes by Enterprise Zones is kept by the are all in key priority locations as across the wider LEP area to assist LEP and relevant local authorities identified in the Economic Strategy businesses and supply chains, boost in the areas for 25 years to reinvest for Norfolk and Suffolk. These include innovation and enhance skills. in local economic growth. Across the A11 and A14 Corridors, key coastal Norfolk and Suffolk, strong and zone locations such as Lowestoft and effective partnerships between New Cover photos: Workers at the Amazon warehouse at Sproughton An aerial view of Norwich Research Park 2 Norfolk and Suffolk Enterprise Zones Completion of the Proserv headquarters at Beacon Park, Great Yarmouth
�� Impact in Norfolk and Suffolk so far Cover 16 Total�business rates retained Growing businesses and over the lifetime of all sites is more than commercial international inward investors� sites £200m with significant have been supported, including LDH La�Doria, in priority reinvestment into infrastructure Amazon,�Treatt, Unipart, Proserv, locations and marketing to Leaf Expression Systems,�Birketts,�IJYI,� accelerate development Merxin,�Lexhag�and Raptor Aerospace. 4,454 jobs, A�successful A proportion of retained business supported�over 199 partnership rates incomes supports approach between the delivery businesses, the LEP,�county�and� of the unlocked�116 ha district�authorities to Local Industrial of development�land� deliver a strong�place Strategy�and� based�approach, unlocking commercial Economic Strategy� and leveraged� for Norfolk over £588m� sites and supporting and Suffolk of�public and private sector� business expansion.� Major commercial investment developments completed at Futura Park and Princes Street (Ipswich), To the end of March 2021, the two enterprise zones have achieved the following outcomes: Eastern Gateway (Sproughton), Suffolk Park (Bury St Edmunds), Enterprise Jobs Businesses Construction Land made Floorspace Private capital Public capital Norwich Research Park (South Norfolk),� Zone (net) (net) jobs development m2 investment investment Ellough�Enterprise Park (Beccles) and ready (ha) (£m) (£m) Beacon Park (Great Yarmouth)� Gt Yarmouth & Lowestoft 1,942 76 806 32 55,355 51 178 2012 Space to 2,512 123 2,832 84 187,954 205 154 Innovate 2016 Total 4,454 199 3,638 116 243,309 256 332 Norfolk and Suffolk Enterprise Zones 3
2021-26 : Repositioning Enterprise Zones for Clean Growth and Innovation This strategic plan recognises and This repositioning and a relaunch reports on the significant progress with targeted marketing will help to made so far but importantly raise the profile of Enterprise Zones, identifies new opportunities to not unlocking further development The Connexions office building at Princes Street, Ipswich only support further commercial potential and attracting new Clean Growth is the golden thread development and investment but to investment. running through the Norfolk and help drive clean growth and boost A number of major strategic Suffolk Local Industrial Strategy innovation over the next five years. innovation projects are proposed for and Enterprise Zones can play an This plan aims to reposition development on several Enterprise important role in enhancing clean Enterprise Zones to drive clean Zone sites including new innovation growth in the future, underpinning growth and innovation as part of precincts, incubators and business our drive to net zero. This plan wider strategic investment zones. centres which aim to accelerate supports a number of activities and These areas align with the Priority business growth in key higher projects aimed at repositioning Places within the Norfolk and Suffolk value sectors as well as boosting Enterprise Zones for clean growth Economic Strategy and importantly innovative activity. Through this plan, – through encouraging low carbon, link Enterprise Zone development these centres will be connected into low impact developments, alternative sites, innovation clusters and hubs, the wider innovation, science and local energy sources, supporting knowledge and transport assets in a research network to help enhance the greener business practices in key more connected way (and informed ecosystem of high growth, high value sectors and encouraging sustainable by the Economic Recovery Plan). businesses across Norfolk and Suffolk. transport connectivity. 4 Norfolk and Suffolk Enterprise Zones
Measuring Success: Expected Our Enterprise Zones – Strategic Locations impacts for 2021-26 – an overview New commercial development activities • 3,377 Direct Jobs Created are planned for most of the Enterprise Zone sites across Norfolk and Suffolk • 972 Construction Jobs Supported for 2021-26. These projects include new • 209 New Businesses Supported A148 A140 business incubation facilities, innovation • King’s Lynn centres and precincts, new industrial 37 Hectares of Land Developed A47 A47 Norwich Great units, office and hotel developments • 194,000 sq m of New Floorspace NORFOLK Yarmouth as well as infrastructure investments Created and 3,700 sq m A10 A11 A140 Lowestoft to support growth in key sectors such Refurbished as renewable energy, health and life A11 sciences, agri-food and advanced • £265 Million of Public Sector Bury St Edmunds SUFFOLK manufacturing. Capital Investment Cambridge A14 Stowmarket A12 • A11 £98.5 Million of Private Sector Local Site Development Plans are Ipswich Capital Investment prepared for each of the Enterprise Zone M11 A131 Felixstowe sites which map out key interventions, • £4.2 Million of Public and Private A12 development pipelines and expected Sector Revenue Investment levels of investments. A12 M25 With strong collaboration between New Anglia LEP, local authorities and private London sector partners, the following overall Enterprise Zone Sites outputs are forecast over 2021-26 across all Enterprise Zone sites: Norfolk and Suffolk Enterprise Zones 5
Delivering Growth across Strategic Investment Zones – Major Projects and Planned Interventions to 2026 Strategic Enterprise Zone Sites Key clusters/ Key Assets Innovation Assets Enterprise Zone Major Investment sector focus (Transport, (Hubs and Centres) Development Projects Zone (Priority Infrastructure & and Planned Interventions Place) Knowledge) (Highlights from Site Development Plans) Cambridge Scottow Enterprise Park Life sciences, Norwich Airport, Norwich Research Norwich Tech agri-food, UEA, NUA, WSC, Park, Norwich Digital Norwich Research Park: Corridor health, ICT, Cambridge Hub (planned), Hethel New additional commercial Norwich Research Park advanced University & Innovation, Scottow space and hotel development engineering, Science Parks Enterprise Park, Food creative Innovation Centre Suffolk Park (Bury) (planned), Haverhill Scottow Enterprise Park – New EpiCentre, Bradfield build expansion and gateway site development Haverhill Research Park* A14 Corridor Suffolk Park (Bury) ICT, Logistics Ports of Felixstowe Adastral Park, Ipswich Suffolk Park – Progress and distribution, and Harwich (+ Waterfront Innovation development of new commercial agri-food, new Freeport Centre, Stowmarket units plus build out of EZ site Gateway 14 (Stowmarket) advanced zone), University Innovation Labs, manufacturing, of Suffolk, West Gateway 14 innovation professional Suffolk College park (planned) Gateway 14 - Development Eastern Gateway (Sproughton) services of new innovation precinct and logistics operations (Freeport East) Ipswich sites; Futura Park, Princes Street & Waterfront Site Eastern Gateway - Attraction of major occupiers for at least two further logistics developments Princes St, Ipswich - Development of multistorey car park, hotel and office precinct *EZ sites part of the Cambridge Compass Enterprise Zone and included for reference but not formally part of this Strategic Plan 6 Norfolk and Suffolk Enterprise Zones
Strategic Enterprise Zone Sites Key clusters/ Key Assets Innovation Assets Enterprise Zone Major Investment sector focus (Transport, (Hubs and Centres) Development Projects Zone (Priority Infrastructure & and Planned Interventions Place) Knowledge) (Highlights from Site Development Plans) Norfolk and Great Yarmouth & Lowestoft sites; Energy & Energy Ports at Great Orbis Energy, CEFAS, Great Yarmouth - Suffolk Energy Supply Chain Yarmouth, GY Energy Business Development of O&M Campus Coast Beacon Park (GY), South Denes Lowestoft, East Incubator (planned) at Port of GY and new energy (GY), Ellough, Mobbs Way, SLIE, Manufacturing Coast College, business incubator Riverside Road, Egmere (Wells) Business Sizewell B and Lowestoft - Development of services C, Bacton, O&M Power Park and Orbis facilities Construction of bridges – Lowestoft and GY King’s Lynn Nar Ouse (King’s Lynn) Professional King’s Lynn Port KLIC, New Innovation Nar Ouse, King’s Lynn – Cambridge services Collaboration Space - Development of new Corridor Ely, Cambs* ARU/UcWA, (planned) commercial units (phase 1) ICT/Digital Cambridge Cambridge Research Park* Creative University & Planning for phase 2 including Science Parks proposed development of Manufacturing additional innovation space Construction of the LDH La Doria warehouse at Sproughton Norfolk and Suffolk Enterprise Zones 7
“Initially we didn’t think we could “This marks an exciting chapter “The new site will enable us to afford to move – this is grade A for the whole of Proserv as we showcase science at the front office space – but the Enterprise invest significantly in our future end of the business and attract Zone benefits really helped. and growth aspirations.” the sort of customers and staff We’ve got some ambitious Simon Harvey, Head of we need to drive our business growth plans … now we have the Operations at Proserv, based at forward in the future.” space to grow our business.” Beacon Park, Great Yarmouth Daemmon Reeve, Chief Executive Chris Pont and John Nicholson, Officer at Treatt, based at Suffolk IJYI, based at Connexions in “Our innovative, new facility Park, Bury St Edmunds Ipswich’s Prince’s Street district will create the perfect environment for further improving efficiency and “The simplified planning was a excellence in the manufacturing breath of fresh air and the business of quality commercial and rate incentive helped us grow, as transport refrigeration and cooling there are fewer overheads.” equipment for the retail, food manufacturing and hospitality and Ken Brown, Operation Manager, Bus Industrial Tools on South Denes pharmaceutical industries.” Business Park, Great Yarmouth Ilias Katsoulis, CEO of Hubbard Products, based on Futura Park, Ipswich Tel: 01603 510070 Email: info@newanglia.co.uk newanglia.co.uk Published May 2021
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