Communities Minister Baroness Hanham has announced £5.4 million of European investment to build state-of-the-art business facilities which will further development on Enterprise Zones.
Lady Hanham confirmed that the European Regional Development Fund Competitiveness Programme 2007- 2013 is investing £3.29 million in the HCA owned Darlington Business Growth Hub where work will start later this year.
The Baroness also announced that the European Regional Development Fund is investing £2.1 million in Boho 5, part of the DigitalCity initiative, that is expected to create at least 250 new jobs in 10 years.
The scheme is set to provide 2,322 sq m of high quality business accommodation targeted specifically at small and medium enterprises operating in digital and creative sectors.
Baroness Hanham said: “I am delighted to formally announce European Regional Development Fund investment for the Darlington Business Growth Hub and Boho 5, which will see the development of high quality premises enabling new and growing businesses to create jobs and wealth in Tees Valley.”
Darlington Business Growth Hub will comprise additional 3,200 m² of high quality Grade A office space for small and medium enterprises and is due to open January 2015.
The project will see the creation of at least 25 new businesses and 350 new jobs within the first 15 years of operation. The project is being managed by Darlington Borough Council with the Homes and Communities Agency providing the match funding.
David Curtis, Executive Director at the Homes and Communities Agency (HCA) said:
“The confirmation that these schemes will receive European Funding means that the HCA will invest an additional £5million in creating jobs in the Tess Valley.”
“We will invest £3million in the Darlington Growth Hub to help create a purpose built facility that will help new businesses grow and supports local jobs. Our £2 million investment in Boho 5 is a key part of our wider long term investment in Middlehaven to help create educational and employment opportunities for Middlesbrough”
The European Regional Development Fund Competitiveness Programme 2007-13 is bringing over £300 million into North East England to support innovation, enterprise and business support. It will help create and safeguard 28,000 new jobs, start 3,000 new businesses and increase the productivity by £1.1bn per annum.
Willmott Dixon has been selected to deliver phase three of the Orchard Village scheme in Rainham that will see the creation of hundreds of new homes and jobs in the trades.
Old Ford Housing Association, part of affordable housing provider Circle Housing Group, is responsible for the £80 million masterplan to replace the 1960s-era high-rise Mardyke estate with Orchard Village, which was recently listed by Inside Housing as one of its Top 50 UK Affordable Housing Developments for 2013.
The third phase of Orchard Village will see Willmott Dixon build 87 homes, with 29 available for affordable rent, 28 for shared ownership and 30 for sale.
This latest deal means that Willmott Dixon will have been involved in all three phases of the village, which is replacing 516 homes with 555 new homes comprising 339 general needs, 64 shared ownership and 152 private sale properties. There are also local shops and a new Primary Care Trust facility.
Orchard Village’s creation is a six year process, with completion by 2015. During that time, Willmott Dixon will have demolished six tower blocks and ten low rise blocks and replaced them with lower rise, more family-friendly homes.
Charlie Scherer, chief operating officer at Willmott Dixon’s housing company said: “We’re very proud of our role in building Orchard Village, which will offer a fantastic living environment to so many people.
“During phases one and two, our community engagement was a key feature, so much so that we were recently one of only a few projects in the UK that won a Considerate Constructor Scheme gold award. This is an ethos that will very much continue as we start phase three.”
New homes and jobs are being created in Telford as part of a £11 million project by Sanctuary Group that will see the building of hundreds of new homes in the area.
The leading housing and care provider is developing 86 extra care apartments for over 55s as well as 12 apartments specially designed for people with learning difficulties, in Ketley.
A 500-strong workforce has begun work on the Ketley Park Road site as part of a £60 million partnership with national contractor Seddon to build more than 700 new homes in the Midlands.
Councillor Hilda Rhodes said: “This is an excellent scheme which very much reflects the council’s drive to support businesses and I was delighted to kick start the work on the site. I look forward to seeing the projects develop in the months to come.”
David Charmbury, area manager with HCA, said: “The HCA is pleased to be working with our strategic partners and making investment into this scheme.
“Not only will the development cater for local need, it will also provide much needed economic and employment benefits for the borough and complete another key component of the wider Telford Millennium Community.”
The new extra care scheme, set in landscaped gardens, will feature communal facilities including a restaurant, lounge, gym and hair salon.
Sanctuary’s development, Andrew White, said: “This is an ambitious project which will create much needed homes for older people in this part of Ketley. Sanctuary is dedicated to creating new jobs and apprentice posts at all our developments and this site is no different.”
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Highlands and Islands Enterprise (HIE) has appointed Kier as one of four construction firms on its new prime contractor framework to deliver the majority of its building projects that will create new jobs.
In the agreement, which will last up to four years, Kier joins Galliford Try Construction, Mansell Construction Services, and Robertson Construction to work on projects estimated to be worth around £6 million per year.
HIE director of regional development, Carroll Buxton, commented: “We are delighted to have agreed a contract with these four highly skilled and respected companies, all of which have strong links to the area.
“This partnership framework approach provides flexibility for the businesses and healthy competition for us which will ensure best value for the public purse.”
From its offices in Aberdeen, Kier is currently working on a number of projects across the region and its appointment on the framework will further strengthen the relationship between Kier and the HIE, established through the delivery of projects via the Scape National Minor Works Framework, on which Kier is the sole contractor.
Kier Construction regional managing director, Brian McQuade, said: “The appointment to HIE’s framework will provide Kier with an excellent opportunity to continue its relationship with local communities delivering employment and training opportunities in various disciplines and professions in the construction industry.
“Kier looks forward to supporting HIE in its role as the economic and community development agency for the Highlands and Islands of Scotland.
“Our knowledge and relationship with the local supply chain combined with our national buying power will deliver best value construction solutions that will support community benefits and development throughout the highlands.”
HIE is now discussing a number of pipeline projects with the businesses and hopes to award the first projects under the framework later in 2013.
Business and Energy Minister Michael Fallon has announced the creation of an Offshore Wind Investment Organisation (OWIO) to boost levels of inward investment and to further stimulate jobs in the UK offshore wind industry.
The OWIO is expected to boost the UK offshore wind industry alongside Government support for three offshore wind innovation projects as well as pave the way for new employment opportunities in the trades.
Energy Minister, Michael Fallon said: “Offshore wind is a major success story for the UK, and we want to boost levels of inward investment. This will be an important part of our industrial strategy for the sector later this year, and we are creating the Offshore Wind Investment Organisation to drive that activity.
“We already have more installed offshore wind than anywhere else in the world, and this brings enormous economic benefit to our shores, supporting thousands of skilled jobs.
“Through the formation of this industry-led partnership and through our support for innovation projects, we will boost the positive benefits that the offshore wind sector can bring to the UK economy.”
The OWIO is one of the recommendations of the forthcoming industrial strategy and will be headed by a senior industry figure. The organisation will be a partnership between industry and Government, established by UK Trade & Investment, that will complement the work of DECC and BIS in delivering the Government-wide offshore investment objectives.
Michael Fallon also announced three innovation projects that Government will support as part of Offshore Wind Components Technologies Scheme:
- Power Cable Services Limited, based in Kent, have been awarded a £540,000 grant towards their high voltage subsea cable jointing technology project
- Aquasium Technology Ltd with partners Burntisland Fabrications Ltd and TWI have been awarded a grant of £769,600 towards their cost-effective fabrication project.
- Wind Technologies Ltd (Cambridge) have been awarded a £728,355 grant to design, manufacture and test an innovative 5MW medium speed drive train concept.
The Minister announced the support during his keynote speech to Renewable UK’s Offshore Wind 2013 conference in Manchester today.
Industry delegates at the conference are also able to attend the first ‘Share Fair’ session enabling them to hear about investment opportunities from major players in the market. This addresses one of the priorities identified by the offshore wind industrial strategy partnership between Government and industry.
What is your reaction to the Government plans to boost levels of inward investment and create new jobs in the UK offshore wind industry? Share your thoughts by commenting here or raise your voice on our Facebook and Twitter pages.
Much-needed new homes, jobs and training opportunities are being created in Telford as part of an ambitious £11 million project by Sanctuary Group.
The housing and care provider is developing 86 extra care apartments for over 55s as well as 12 apartments specially designed for people with learning difficulties, in the suburb of Ketley.
A 500-strong workforce has begun work on the Ketley Park Road site as part of a £60 million partnership with contractor Seddon to build more than 700 new homes in the Midlands.
Local suppliers will be used wherever possible on the development and there will be grants available for local community projects.
Andrew White, Sanctuary’s Development Director, said: “This is an ambitious project which will create much needed homes for older people in this part of Ketley. Sanctuary is dedicated to creating new jobs and apprentice posts at all our developments and this site is no different.”
Councillor Hilda Rhodes, Telford and Wrekin Council’s cabinet member for Customer Services, marked the start of work on site during a special sod cutting ceremony.
She said: “This is an excellent scheme which very much reflects the council’s drive to support businesses and I was delighted to kick start the work on the site. I look forward to seeing the projects develop in the months to come.”
Ian Calder from Seddon said: “We’re delighted to be creating apprentice training opportunities through this important housing scheme. Boosting local economies by providing new jobs and training is a central feature of our work with Sanctuary.”
An extra £1.3 billion has been spent on building affordable homes, new health facilities and schools in the past year, the Welsh government has said.
Jane Hutt said that despite cuts to the capital Budgets, the Welsh Government has focused on important priorities of creating new jobs and boosting economic growth.
Ms Hutt said: “The additional investment we have made from capital reserves, totalling almost £462m, in the short term has the potential to create around 8,000 jobs during construction phases. In the longer term, this will boost growth and support the delivery of more efficient public services.
“In addition we have continued to work across the Welsh Government to maximise our opportunities. For example, we have worked to develop an Infrastructure Priority in the 2014 – 2020 European Structural Fund Programmes.
“A potential £1.8bn source of investment which could make a significant contribution to the delivery of our key priorities.”
The additional infrastructure investment in Wales will see a number of construction schemes underway including the Local Government Borrowing Initiative to the 21st Century Schools programme and completion of the A465 through a non-dividend investment vehicle
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Communities Secretary Eric Pickles has announced to increase the Government’s infrastructure investment in enterprise zones by £100 million that will create thousands of local jobs in the trades.
The investment package will help the thirteen enterprise zones to receive more money for 18 projects to build new service roads, car parking and other infrastructure, transforming ‘shovel ready sites into job ready sites’.
The fund, originally £60 million, is designed to help zones reach their real growth potential faster as economic engine rooms of local economies. Following a competitive bidding process the successful proposals will now undergo further testing to ensure value for money for the taxpayer.
Enterprise zones have already created 3,000 new jobs, attracted 126 businesses, generated 105,000 square metres of new commercial floorspace and secured almost £229 million of extra private sector investment.
In addition to this, 5 enterprise zones are also receiving £24 million to tackle traffic bottlenecks and road congestion near their site through Department for Transport funding.
Eric Pickles said: “Enterprise zones are stimulating job creation and economic growth in different parts of the country with their special package of incentives to attractive new business ventures.
“The government is putting its money where its mouth is and making sure enterprise zones have the buildings and infrastructure they need to make sites ready for business to set up in.
“Enterprise zones are proving extremely popular with business – they have already created over 3,000 jobs for local people – a 75% increase in just 5 months – and many more will be coming down the pipeline because of this new support.”
Andy Rose, Chief Executive at the Homes and Communities Agency, which is administering the fund, said: “The response from the enterprise zones to this investment opportunity demonstrates just how crucial upfront infrastructure is to development.
“It is great news that this additional investment means more priority sites can be funded than first thought, creating more jobs in the areas that need them.”
Today’s announcement is just one of range of steps the government has taken to rebalance the economy and support local businesses to grow and create jobs.
The government has reformed the way councils are funded so they have new incentives to go for growth and support local businesses. It has established 39 local enterprise partnerships that along with enterprise zones are able to access millions in government investment to support their local economy, including the £770 million Growing Places Fund and £2.4 billion Regional Growth Fund.
The schemes backed by the London Enterprise Panel (LEP) are in areas where ambitious regeneration plans are in place and where transport infrastructure will help unlock significant economic growth.
These schemes are set to deliver improved rail links between Tottenham Hale and the Upper Lee Valley; major road improvements in Bexley and support Ealing to harness the economic opportunities coming from Crossrail.
Collectively the projects could safeguard existing or create an estimated 45,000 jobs, support the construction of tens of thousands of homes and attract significant private investment into deprived areas.
The LEP’s adoption of these bids is a significant milestone for these projects and the proposals will now progress to a final stage, including more detailed work developing business cases, technical modelling and delivery mechanisms.
The Mayor of London, Boris Johnson, said: “Transport links are a vital precursor to economic development. This money is earmarked for investment into transport schemes which have significant potential to stimulate growth and job creation.
“I welcome the London Enterprise Panel’s assessment of which projects are best placed to do this and City Hall will now be working with the bid teams to progress these ambitious proposals.”
The bids approved by the London Enterprise Panel will provide extra services at Northumberland Park and Tottenham Hale, improving rail links between Stratford, the Upper Lee Valley and beyond including Stansted Airport.
Collectively with Angel Road Station improvements, this will support the commencement of the Meridian Water development and regeneration at Northumberland Park where there are plans for an estimated 3,500 homes and 500 jobs.
It will also support the development of an estimated 15,700 new homes, 21,900 new jobs in the Lee Valley and up to 15,000 jobs in adjoining areas.
£2.5 million allocated to upgrade Angel Road station and support regeneration in Enfield (bid from Enfield Borough Council). Angel Road station is vital to the regeneration of Enfield and specifically to support the Meridian Water development and regeneration in the Lower Lea Valley more widely.
Station improvements will increase passenger capacity through an enhanced commuter rail service and boost employment across wide range of trades in the building construction industry.
The Government is going to build thousands of homes at stalled housing sites and create new construction jobs through a multi-million investment package set to kick-start the economy and boost the trades.
Today, Housing Minister Mark Prisk confirmed that 14 major housing schemes across the UK will benefit from the investment that can start building up to 38,000 new homes.
A share of the Local Infrastructure Fund, which has a total budget of £474 million, will create thousands of jobs for local communities and people in the trades across the country.
The funding programme is targeted at large-scale sites of over 1,500 homes that could deliver real benefit to their communities.
Housing Minister Mark Prisk said: “This government is determined to get Britain building again. That’s why we are working with local housing schemes that have their plans in place, but need help to move forward.
“Our support through the Local Infrastructure Fund will help deliver the homes this country needs, create thousands of jobs and inject millions of pounds of investment into local economies.”
Homes and Communities Agency Chief Executive, Andy Rose, said: “This investment from the Local Infrastructure Fund is about building momentum behind some of those larger locally-backed housing developments to accelerate the supply of new homes.
“There is work to be done to ensure these bids deliver value for money for the taxpayer and fit with local priorities, but I am looking forward to getting out on site and seeing progress on successful bids in the months ahead.”
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