New opportunities in the Blackpool Bay Area Make your move An Investment Prospectus Welcome to the ‘Can Do Coast’ The Blackpool Bay Area has a rich history in manufacturing and tourism, is home to a population with the full variety of skills to support new investment and business and is also blessed with an unrivalled environment and a fantastic quality of life. This prospectus seeks to provide a flavour of the opportunities on offer in the area, an insight into the work already underway to support new enterprise and investment, together with an outline of the ways in which we can assist with the growth of your business. 2 3 Westinghouse Electric Company BAE Systems Blackpool & The Fylde Nautical College Location and map The Blackpool Bay Area is at the heart of the Northwest bay, close to Manchester, Liverpool and Preston. 4 Blackpool at the heart of the ‘Can Do Coast’ Blackpool is synonymous with fun, excitement and new leisure experiences for people from all sections of British society. Today, Blackpool continues to evolve and has embarked on a radical and ambitious programme to reinvent itself as a World Class Resort destination. Significant investment in Blackpool’s infrastructure is clearly evident through improvements to public space, the revitalised promenade, the ‘Festival Headland’ and events space in front of the Tower, investment in the illuminations spectacle, Brilliance - a light and sound show - in the town centre and an events programme that goes from strength to strength annually. All of these activities serve to raise Blackpool’s profile and to help maintain its appeal outside the traditional “season”. The Pleasure Beach Resort has created the UK’s first Nickelodeon themed attraction incorporating a multi-million pound investment within the park, which was operational for the start of the 2011 season. Equally significant is the welcome introduction of Merlin Entertainments who are building upon their operation of Sea Life Blackpool with the addition of The Blackpool Tower, The Blackpool Tower Dungeon and the new Madame Tussauds during the 2011 season. The £150m Houndshill shopping centre extension has set the tone for further investment from other nearby landowners in their premises. The re-introduction of department store shopping with Debenhams in 2008 has stimulated other national multiples to occupy units in the town centre. The early phases of the £150m MUSE Developments Central Business District (CBD) scheme are all set to go ahead during 2012. The Avatar Airbender ride at Nickelodeon Land Investment in Blackpool: Houndshill Shopping Centre £150m Promenade & Tramway £190m Higher Education Campus £10m Central Approaches Phases I & II £16.4m Regeneration by Light (including Birley Street) £2.8m Blackpool Tower £40m Nickelodeon Land at Pleasure Beach Resort £10m St John’s Precinct £4.7m Property Acquisition Programmes £13.2m 5 It’s not only Blackpool These recent developments are just a snapshot of progress in the Blackpool Bay Area. Business is not standing still. International firms are already choosing the Hillhouse site for advanced chemicals and polymers research, development and manufacture, ahead of other European sites, whilst Typhoon Fighters continue to roll off the production line at BAE Systems’ Warton plant and the Westinghouse Electric UK provides fuel, plant design, and equipment for the worldwide nuclear power industry. The area is innovating fast with a track record of business success across a broad range of industries from manufacture of food to street furniture, from nuclear power and environmental technologies to aerospace and from service and support industries to hospitality and leisure. Public realm enhancements to the main town centres and seafronts in Lytham, St Annes, Cleveleys and Fleetwood have not only lifted quality but set the bar higher for other related developments. Selling success: Companies present in the Blackpool Bay Area BAE Systems Westinghouse Electric UK Global Renewables Wyre Power Farmgen Danish Oil & Natural Gas Global Renewables Universal Products Limited Victrex Vinnolit Asahi Glass & Chemicals Europe Glasdon Universal Products Limited Tangerine Confectionery Burton’s Foods Fox’s Biscuits Lofthouse’s Fisherman’s Friend Kepak Group Laila’s Fine Foods Siemens Hewlett Packard Fujitsu Auto Indemnity Guardian Financial Services Napthens Solicitors Balfour Beatty N S T Travel Group Federation of Small Businesses Merlin Entertainments Nickelodeon 6 Accessible to all With a resident population of c.330,000 people, a marketplace of 10 million people within a two hour drive time and more than 13m leisure visitors annually, the area is ready to do business. Motorway access to the heart of the area The M55 motorway is the Blackpool Bay Area’s very own high capacity link to the north-west and beyond. An ever improving local network provides rapid access to all of the major business and residential areas. Railway connections to the West Coast Main Line Electrification of the Blackpool connecting line is scheduled to be completed by 2016 with much anticipated direct links to London expected to be re-introduced together with increased capacity higher frequency services. Blackpool International Airport Located at the heart of the area, the airport has tremendous potential for growth as a transport hub but also as a business centre with greater than local significance. The Tramway Not only a tourist asset but a state of the art, 21st century high speed and high capacity people mover serving the coastal strip between Blackpool and Fleetwood. Port of Fleetwood An established port with a historic association with the fishing and processing industries but also home to a 450 berth marina and port facilities incorporating full ro-ro capabilities. High Speed Broadband The Blackpool Bay Area is well served by impressive high speed broadband internet coverage. Speeds averaging over 6 Mbps occur in the urban areas whilst efforts to support further increased speeds throughout the area are subject to significant investment by our partners. The Blackpool Bay Area is highly accessible by road and rail. Dedicated motorway infrastructure provides reliable high speed and high capacity access to the north-west and beyond. 7 Affordable Quality The Blackpool Bay Area offers all of the characteristics to support an attractive return on investment, including a high quality environment, a diverse skills pool and willing workforce but above all it offers affordability and value for money. Residential and commercial property prices are incredibly competitive and wage rates are lower than national averages. Quality education and training Blackpool & the Fylde College (B&FC)(an associate college of Lancaster University) and Myerscough College continue to grow their reputations for innovation & excellence in learning. B&FC has strong national links with the Ford Motor Company and locally with BAE Systems and Global Renewables and prides itself on being responsive to the needs of employers. B&FC have also recently developed a new £10m University Centre offering a wide range of courses in the heart of Blackpool. The area also boasts schools of the highest order with grades comparable with the best in the country. A skilled and flexible workforce The Blackpool Bay Area can offer a workforce with the broadest range of skills. This is evidenced by a long-standing association with the nuclear, aerospace and automotive industries and other technical manufacturing which has proved to be an incubator for a succession of specialist enterprises. A significant association with the service sector, including insurance and the Civil Service has created a pool of reliable, flexible and work ready individuals with skills suitable for call and service centres and regional or head office operations. Affordability explained: A place to live and work Weekly Pay 81% of national average The area is blessed with some of the best countryside, coastal scenery, recreational amenities and beaches anywhere in the North-West. These are supplemented by some of the UK’s finest and most challenging golf courses, including Royal Lytham & St Annes, home to the 2012 Open Championship, in addition to a world famous array of leisure attractions. There is a wide variety of quality housing and locations to choose from within the urban ribbon along the coast or the rural towns and villages further inland. Modern town centre office rental from £8.50/sq ft Modern business park office rental £10/sq ft Modern industrial / warehouse leasehold (5,000sqft) £4.75/sq ft Prime shopping centre Zone A rental £130/sq ft Development land (B1 use) from £150,000/acre 3 bed post war semi-detached house: Blackpool ave. £124,300 St Annes ave. £135,000 4 bed new build detached house: Harbour Village, Fleetwood ave. £227,995 Tickets for Calendar Girls @ The Winter Gardens Opera House from £11.25 8 A Partnership for Support A partnership of the area’s three Local Authorities and Lancashire County Council has supported the creation of The Blackpool Bay Area Company. Its role is to lead in the establishment and delivery of economic strategy across the area. The company is also charged with encouraging and facilitating investment into the area. We can provide intelligence on available sites and developments and will do our utmost to assist investment in anyway we can. We will provide guidance through red tape, funding bids, assist with key negotiations, planning application support and any other guidance or advice that may be needed. Economic Strategy objectives: A productive visitor economy for the future – recognises the need to up-shift the value of the visitor economy, support investment in new and varied products, improve accommodation stock and retain retail spend within the area. Diversification and growth in key industries – promote continued growth in sectors that already have a strong foothold in the area and provide opportunity for new businesses to be established which will diversify the employment offer. Asahi Glass & Chemicals Europe Ai Claims Solutions 9 Strategic Sites The compact geographic nature of the Blackpool Bay Area supports the identification and promotion of a spatial hierarchy of development sites. These are strategically important locations which contain key businesses and development opportunities. The list is not exhaustive or designed to exclude other sites that can be developed or identified individually. It is more a reflection of priorities and opportunities aligned with the economic strategy. The sites provide a broad mix of opportunities and in relation to business, industry and leisure related investment. They are located within areas that have already been the subject of investment activity, and are all well located and supported by the relevant local authorities as priority sites for development. The Blackpool Bay Area values business. The time is right to take advantage of a coastal location with ambition. The following pages contain a snapshot of opportunities within these key areas. Strategic Sites Connectivity Map: Urban centre Motorway Main Road Railway Tramway Strategic sites:1. Hillhouse International 2. Fleetwood 3. Blackpool Town Centre incorporating Central Business District 4. Central Station 5. Rigby Road Site 6. Fylde Coast Gateway incorporating National Savings & Investments 7. Blackpool Airport Corridor 8. BAE Systems, Warton 9. Toshiba Westinghouse, Springfields 10 Hillhouse International Location: Thornton, adjacent A585 Size: 600 ac (243 ha) Key stakeholder / owner: NPL Estates Ltd Summary: A large, fully secure and serviced strategic industrial and employment site situated on the Wyre estuary, close to the Port of Fleetwood. Occupied by existing successful multinational chemical and polymer companies. Substantial opportunities for growth and diversification. Purpose: Heavy industry, chemical, polymers, energy, housing, office and retail. Hillhouse International has a well earned and long established reputation as a centre of excellence for the development and production of cutting edge chemical and polymer based products primarily serving the export market. The site is currently home to several key multi-national operations including Victrex PLC, Vinnolit GmbH and Asahi Glass & Chemicals Europe Ltd, who specialise in the manufacture of high grade polymer based products from within the 270 ac fully serviced secure site. The products produced are used in industries varying from aerospace through to medical orthotics. Global Renewables Ltd commenced operation of a £120m waste recovery park in 2010 and later in the same year David Wilson Homes took control and commenced operations on a site, which will eventually see the construction of 273 homes. “Wyre Power” are committed to construction of a £600m gas fired power station, expected on site during 2012. Opportunities: Benefitting from proximity to the secure site, a further 30 ac (12 ha) has been identified for development of the “Riverside Business Park”. This has potential to accommodate B1 office pavilions and B8 type uses including trade counter operations in an attractive and accessible location overlooking the Wyre estuary. An additional 45 ac (18 ha) has been set aside for housing development to complement other existing permissions and developments which have taken place across the site. The site is able to offer a multitude of opportunities for investment and relocation with the support of the Local Authority and an up to date planning policy. 11 Central Business District A proposal that will address an imbalance in the representation of commercial office space, improve the interchange and arrival experience at Blackpool North Railway Station, meet the demand for food retail space and improve the environmental quality of the area. The Central Business District scheme is being delivered by MUSE Developments Ltd in partnership with Blackpool Council. A first phase will introduce commercial office space into a central location, supported by a 90,000 sq ft foodstore operation, hotels and associated retail floorspace, traffic flow reorganisation, modernised car parking and public realm improvements, including a new civic square. Blackpool Council is committed to centralising a significant element of its office based staff into the town centre from remote sites across the Borough. Future phases will provide a new transport interchange and a hotel at the railway station, additional offices and further transformation of the streets leading from the new public square with new and active ground floor frontages. Opportunities: The development will be anchored by the foodstore and a Blackpool Council office function, both delivered early in order to provide a critical mass and create momentum for the development. There are, however, exciting opportunities for forward thinking commercial operations to be a part of the Central Business District development. Approximately 50,000 sq ft of commercial offices and in the region of 30,000 sq ft of non-food retail space are included in the early phase development. First phase development is anticipated to commence early in 2012. 12 Location: Blackpool Town Centre Size: 25 ac (10 ha) Key stakeholder / owner: MUSE Developments Ltd / Blackpool Council Summary: Significant developer-led redevelopment scheme situated on the edge of Blackpool Town Centre, around The North Railway Station. Anchored by a foodstore, Blackpool Council and other office development and a transportation hub, the scheme will create a new business focus within this strategically important site. Purpose: Back office administration, professional services and retail. Blackpool Airport Corridor Location: Blackpool Airport and environs Size: 210 ac (85 ha) Key stakeholder / owner: ING, Land Securities, Marr Developments, Balfour Beatty & Morrisons, Blackpool & Fylde Councils. Summary: A large mixed-use development opportunity with an operational airport as its focus. Occupied by a broad mix of uses including retail, office, manufacturing and warehousing there is potential for additional growth and / or redevelopment. Opportunities for ingoing occupation and expansion and significant redevelopment. Purpose: Light manufacturing, back office administration, retail and distribution. The Airport Corridor encompasses several key employment sites which have experienced significant growth and development in the last decade and already boast a wide range of established operations including retail, office, industrial and warehousing uses. Located on the southern fringe of Blackpool, the Corridor benefits from a dedicated dual carriageway link to the M55 motorway, just 2.5km away, and advantageous positioning on the strategic network. Comprising Blackpool Airport and the adjacent Blackpool Retail and Business Parks, Squires Gate Industrial Estate and the Sycamore Trading Estate, existing occupiers include Fujitsu, Auto Indemnity, Gledhill, Burton’s Foods and the National Federation of Self-Employed and Small Businesses (FSB) to name but a few. Blackpool Retail Park is fully occupied and sits on a prime site opposite a Morrison’s food superstore. Opportunities: Development across the corridor is supported by established planning policies which generally accommodate a mix of B1, B2 and B8 uses together with additional aviation related leisure use to the prime airport frontage. The Airport and adjoining business parks are well placed to meet demand including supply chain, back of house / administrative and avaiation related technical facilities. The Business and Industrial Parks have substantial undeveloped capacity and opportunities. For example, the largely under-utilised Squires Gate Estate has a gross floor area in the region of 1,000,000 sq ft and benefits from a 440m prime road frontage. There remain a variety of opportunities across the Corridor including recently constructed office and business starter-units together with clean and serviced construction sites. Larger scale opportunities will become available in the next three to five years as the aviation plans at the airport and opportunities at Squires Gate are realised. 13 National Savings & Investments A rare opportunity to acquire a prime site on the edge of Blackpool which offers superior accessibility, a Development Plan allocation for employment purposes and some potential for mixed use development. The National Savings & Investments site is ideally located close to junction 4 of the M55. Extending to 29.5 ac (12 ha), the site is currently allocated for employment use in the Development Plan. The site has been home to NS&I Premium Bonds since the mid 1970’s. Recently, occupation has been shared between NS&I and the Department of Work & Pensions. NS&I staff have consolidated into refurbished and extended accommodation within a 6 ac part of the wider site. DWP in the form of a ‘Job Centre Plus’ call centre occupy one of the 3 linked buildings on the site. Two key opportunities for development of an unused part of the site and redevelopment of existing employment land are available. The site is located less than 1km from the M55 with dual carriageway access to the site entrance. Opportunities: The National Savings site contains two distinct opportunities for development, supported by Blackpool Council’s development plan policy. Recent consolidation of activity on site has released 12.8 ac (5.2 ha) of prime development land capable of accommodating up to 200,000 sq ft of new build B1 Office accommodation. Additionally, the main building complex offering 170,000 sq ft of accommodation spread across three inter-connected buildings is available. This might suit a head office type operation, for education / training or sub-division into managed B1 space. The site is in the freehold of NS&I whose agents, Jones Lang La Salle, are managing its sale. 14 Location: Blackpool M55 Junction 4 Size: 29.5 ac (12 ha) Key stakeholder / owner: National Savings & Investments Summary: Prime development opportunity with business park potential, located adjacent to junction 4 of the M55 motorway. Purpose: HQ operations, back office administration, training / education. Central Station Location: Blackpool, Seafront & Town Centre Size: 17.6 ac (7.15 ha) Key stakeholder / owner: Blackpool Council Summary: Strategic leisure investment site located to the South of Blackpool Town Centre. Dedicated links to the motorway and the local strategic highway network support an unrivalled opportunity to provide leading edge leisure development. Purpose: Leisure and retail. Superbly located on the edge of Blackpool Town Centre. A 250m boundary onto the new Promenade and direct access to the motorway network combine to provide the ingredients for an unrivalled comprehensive development opportunity. The site of the former Blackpool Central Railway Station has had a varied history since the railway closed in 1964. Currently occupied by a mix of car parking and coach facilities together with various leisure and civic operations including Sea Life, Madame Tussauds, Lancashire Constabulary and HM Courts Service. Opportunities: Allocated in the development plan as a major leisure site and supported by an adopted Supplementary Planning Document, the site is largely within public ownership. Currently subject to an exclusivity undertaking with Greenbank Developments which is set to run until March 2012 whilst development mix and feasibility is determined. The outcome of development investigations will determine the speed with which the Central Station site will be brought forward. The key to delivery is in a comprehensive approach to masterplanning and development. 15 Interested? The Blackpool Bay Area Company is here to help. We can offer: - a single point of contact for all development and investment enquiries - impartial advice and business development support including staffing and skills assistance - site finding and partnership brokering - local authority liaison - support to identify and access funding through public and private sectors - promoting the interests of the Blackpool Bay Area at a Lancashire, North-West Region and National level - championing investment across the region. For more information, please... Call: Rob Green or Lee Burrell 01253 478909 Website: www.investblackpoolbay.com Visit: The New Blackpool Enterprise Centre Lytham Road Blackpool FY4 1EW
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