Marston Vale Innovation Park (Advanced Manufacturing and Engineering Focus) and Wootton Housing Growing Places Fund Paul Vann, Economic Development Manager.

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Presentation transcript:

Marston Vale Innovation Park (Advanced Manufacturing and Engineering Focus) and Wootton Housing Growing Places Fund Paul Vann, Economic Development Manager (Growth) Bedford Borough Council

Overview of Project Infrastructure (access road and utilities) to deliver: 50 acre,1600 job, manufacturing and engineering focussed innovation park 500+ dwelling housing site £200m overall investment 450 construction jobs

Location Innovation Park/ Housing Location

Site Detail

Progress to Date Resolution to grant outline permission for innovation park (Phase 1) and housing Access roundabout (for whole scheme) built at Fields Road frontage Master plan prepared for Phase 1 of innovation park Strategic landscaping for innovation park prepared and permitted. Tender drawings prepared Utilities assessment (requirements, costs etc) prepared for whole scheme Foul drainage negotiations nearly complete (for whole scheme) PQQ issued for innovation centre partner

What GPF will specifically deliver Highways Roundabout link road £200k On-site roundabout £300k Spine road section £500k Utilities Water £600k Electricity/gas £600k Foul drainage £200k Telecomms/broadband(superfast)£100k

What’s being looked at in addition SEMLEP supported RGF bid (further £2.5m) to accelerate delivery further and support small business growth Spine Road into Phase 2 Workshop cluster ERDF bid (£1.4m) to support low carbon growth Innovation centre top up to BREEAM Excellent Workshop cluster top up to BREEAM Excellent Superfast broadband and low carbon support

Overall Deliverables 50 acre, 62,500 sqm, innovation park 500+ dwelling housing site Innovation centre and workshop cluster (BREEAM excellent) 1600 permanent, 450 construction jobs Waterway Park and SUSTRANS Route 51 Over 10 years

Why this project Significant deliverables (2000+ jobs) SEMLEP key sector focus Well advanced Ready for rapid progress Priory Business Park/i-Lab experience Clear direction Great location (dualled A421, M1-A1 link) Interest in site Ambition re quality Early return of funding (land parcel sales)