North Kent Enterprise Zone
Presentation to Gravesham Borough
Council
Business Development & Planning and
Environment Committee
22nd November2016
Richard Longman, Head of Policy, TGKP
Scope
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Benefits of Enterprise Zones
The North Kent Enterprise Zone: bid proposals
Context
The schemes
Governance
Timetable
Actions & next steps
Benefits of Enterprise Zones
• Part of a national programme and brand
– Government priority – national and international recognition
– No specific support programmes but assistance offered where needed to
overcome barriers
– Department for International Trade involvement on inward investment
opportunities
• Benefits for occupiers
– Business rates discount up to £55,000 annually for 5 years (maximum £275,000)
or 1st year Enhanced Capital Allowances (in Assisted Areas)
• For NKEZ we have chosen business rates discounts
– Available to businesses taking up occupation before 31 March 2022 (for whom
discounts last up to March 2027)
– Incentive fully-funded by Government
• For local authorities (by agreement with SELEP)
– Retain 100% of the uplift in business rates on EZ sites for 25 years for investment
in EZ sites and into enterprise and growth in the LA’s area
– Ring-fenced from NNDR reforms
North Kent Enterprise Zone
Bid proposals
• Multi-site Zone comprises three schemes:
– Ebbsfleet Garden City (Lead: Ebbsfleet DC with Gravesham BC)
– Kent Medical Campus (Lead: Maidstone BC)
– Rochester Airport Technology Park (Lead: Medway Council)
• Total 64 hectares
• 230,000m2 new development floorspace for start-ups and SME
expansion
• Building on existing specialisms – life-sciences, medtech,
advanced manufacturing and engineering, digital technologies
• Up to 9,900 jobs by 2025/26
• Strengthening the Kent Innovation Corridor
Context: Heart of the Kent Innovation Corridor
The Schemes: 1- Rochester Airport
• 21 hectares, >48,000m2
• Advanced manufacturing and
engineering, R&D and prototyping
• Re-configuration of the operational
airport (LGF2 funded)
• Innovation ‘campus’ extending from
Innovation Centre Medway
• 1,700 jobs by 2025/26
M2 Junction 3
The Schemes: 2 - Kent Medical Campus
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16 hectares, 98,000m2
Adjacent to KIMS
B1 Research & Development,
C2 Hospital, Medical Uses
C2 Specialist Care Provision
C2 Training Accommodation
• D1 Education
• A1/A2/A3 Ancillary Services
• KIMS + Cygnet = 500 jobs by Q2
2018
• 3,300 jobs by 2027
• £250m construction value
• Links to Biogateway Network
The Schemes: 3 - Ebbsfleet Garden City
Northfleet
Riverside
• West
• East
Ebbsfleet
Central
• Northfleet
Rise
Ebbsfleet Garden City (a & b)
Northfleet
Riverside (East &
West)
• 22.4 ha,
54,000m2
• Advanced
manufacturing,
creative
industries,
environmental
technologies
• Innovation space /
workshops
• 2,400 jobs by
2025/26
Ebbsfleet Garden City (c)
Ebbsfleet Central - Northfleet Rise
• 4.1 ha, 30,000m2
• Medical and healthcare, digital
technologies, professional
services
• 2,500 jobs by 2025/26
Governance
• Complex multi-site
scheme:
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5 local authorities plus
Ebbsfleet Development
Corporation
Multiple landowners
6 principal sites in three
schemes
• Light-touch Strategic
Board to provide overall
direction, “brand
ownership,” interface with
LEP, etc
• Local arrangements
driving delivery for each
scheme
NKEZ Strategic
Board
NKEZ Coordination
(currently TGKP)
Ebbsfleet Delivery
Board
SELEP Strategic
Board
KMEP
Accountable Body
RATP Delivery
Board
KMC Delivery
Board
Provisional Timeline
Summer
2016
Site
preparation
and enabling
infrastructure
commence
Autumn
2016
Soft
launch of
NKIZ
Marketing
EndSeptember
2016
MOU
between
DCLG,
SELEP, LAs
Late 2017?
Earliest
premises
available
for
occupation
April 2017
EZ goes
“live”.
[Business
Incentives
available]
2020?
Build-out
substantiall
y complete
on EZ sites
Q3 2019
All EZ sites
have some
business
occupiers
31March
2022
Final date
for
businesses
to secure
Governme
nt-funded
EZ
incentives
Actions and Next Steps - Schemes
Rochester Airport
Kent Medical Campus Ebbsfleet Garden
• Autumn 2016:
• Internal access road
decisions on site
works completed
options and planning
October 2016
• Cygnet development
approach (LDOs)
• Autumn Statement
commences October
re Phase 2 LGF bid
2016 – ground• Phase 1 Planning
breaking ceremony?
Decision early 2017 • Revised master plan
Autumn 2016
• Autumn Statement re
J7 LGF bid
City
• Draft Implementation
Framework published
October2016
• Process for JV and
acquisition of
Northfleet
Embankment East
• HS1/Landowners’
strategy on ‘Lift &
Shift’
• Start on site 2017/18
Actions and Next Steps - NKEZ
• Strategic Board – 2nd Meeting 29 November 2016
• Consultancy support bid – December 2016
• Regulations made (DCLG) to formalise EZ
incentives – January 2017
• Branding and Website – by January 2017
• Implementation Plan – by 31 March 2017
• Marketing – early 2017
• Commencement – 1 April 2017