Transcript Marston Vale Innovation Park Manufacturing and Engineering

Growing Places Fund
Marston Vale Innovation Park
(Advanced Manufacturing and Engineering Focus)
and Wootton Housing
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
• On-site roundabout
• Spine road section
Utilities
• Water
• Electricity/gas
• Foul drainage
• Telecomms/broadband(superfast)
£200k
£300k
£500k
£600k
£600k
£200k
£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
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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)