Introducing our TEAM

Benefits explained:

connectivity,digital, transport, marine & offshore

The ADZ boundary:

KEY SITEOVERVIEW

NewcastleGateshead:

OPEN FOR BUSINESS!

July 2012WHAT IT MEANS FOR YOU

The NewcastleGatesheadAccelerated Development Zone

2 million population,800,000 labour poolwith 1 in 4 educatedto degree level. 43,000 business base

generates £32 billion of GVA.

4 leading universities.85,000 students.66% student retention.

The North East’sVITAL STATISTICS:

STEPHENSON QUARTER & CENTRAL STATIONA 13.2 hectare site located around Newcastle’s Central Station, is primed for a mixed use scheme comprising of 50,000sqm of offices, 1,500sqm of retail, leisure, hotel and business centre developments, together with public realm and connectivity improvements. Planning cconsent has been secured and work is set to begin on transforming the Central Station through public realm. Construction of the hotel and offices is set to begin in the next 12 months.

EAST PILGRIM STREET Already a vibrant and buzzing area, this 14 hectare site is situated alongside Newcastle’s retail and commercial core. Building on the existing success of the businesses located here, the opportunities for this new mixed use and distinctive area of the city are endless. Key demolitions and sidemolitions and site remediation works have commenced to prepare the land for development.

GATESHEAD QUAYS & BALTIC BUSINESS QUARTERThis area totals 40.7 hectares and offers a huge array of development opportunities for any potential investor. Situated on the the quayside of the River Tyne and next to some of the regions key cultural attractions, the area offers huge potential for mimixed use development including offices, leisure development and hotel accommodation. There are also exciting plans to develop an International Conference and Exhibition Centre in the near future.

SCIENCE CENTRALNewcastle is one of six designated Science Cities in the UK, received in recognition of the ground-breaking and pioneering research carried out by the region’s leading universities. 12.1 hectares located in the heart of the city is set to become a hub for science-led innovation. DDevelopments and businesses located on the site will be neighbours to science and research professionals and world-leading research facilities and activity. Significant work has commenced to clear the site and enabling works will be complete by July 2013.

Accelerated Development Zone:A designated zone has been created specifically to increase opportunities for developers.

It It covers a huge area and four distinct sites within the city centre that will be primed for investment and growth:

• Science Central.

• Gateshead Quays & Baltic Business Quarter.

•• East Pilgrim Street.

• Stephenson Quarter & Central Station.

30% lower house prices than UK average (50% less than London & S. East).

Competitive cost of business as North East

earnings 10% below national average.

www.investNewcastleGateshead.com

NewcastleGateshead is

OPEN FOR BUSINESS!

CONNECTIVITY:Digital: the City Deal will transform Newcastle into a ‘Super-Connected’ city. Over the next three years, the city will see significant uplifts in its digital infrastructure, with investment in strategic sites that will provide businesses access to superfast bbroadband speeds of up to 300 Mbps. Gateshead is already operating a network that sees broadband speeds reaching 10 Gbps.

Transport: the North East is the only UK region with a balance of trade surplus. To capitalise on this strength, existing transport infrastructure will receive investment. We already have wide ttransport links that include three deep sea ports and extensive road, rail and air routes. Additional infrastructure will create greater access for commuter, freight and business journeys. The development of North East transatlantic connections will add to the already plentiful stock of flight routes available at Newcastle International Airport.

MARINE & OFMARINE & OFFSHORE:Through partnership work with UKTI, the local councils and their key businesses will work to secure a further £500 million in private sector investment for the development of the marine and offshore industry.

NewcastleGateshead is immediately initiating an investment programme as a result of a ‘City Deal’.

It is a significant investment, covering 80 hectares, that will release a large number of development opportunities across the area.

It demonstrates an exciting and unique opportunity for inward investors.

The City Deal allows both Gateshead and Newcastle City Councils to retain new business rate income for 25 years, which thwhich they intend to reinvest into identified growth areas.

Over the life of the scheme the area will see investment reaching £1 billion, which will strengthen our infrastructure, connectivity, public realm and create an extensive range of developments across the North East Urban Core.

Development and growth will be accelerated on key sites and viability gaps will be bridged through enabling works including site preparation, demolitions, energy and utilities infrastructure and highways improvements.

The City Deal also sees a commitment to establish Newcastle as a Low Carbon Pioneer City.

“Total investmentreaching

£1 billion”

www.investNewcastleGateshead.com

NewcastleGateshead Initiative

9th Floor, Baltic Place East, South Shore Road, Gateshead NE8 3AE. T +44 (0)191 440 5720.

Catherine WalkerInward Investment Directorcatherine.walker@ngi.org.uk

David BootleMedia & PR Managerdavid.bootle@ngi.org.uk

Julie McIlwraithSenior Investment Managerjulie.mcilwraith@ngi.org.uk

If you would like any further information about the City Deal or any other investment opportunities currently available in NewcastleGateshead, please get in touch.

We offer our clients a bespoke service including:

• A single point of contact for potential investors. • Provision of research and statistics to support the development of your business case. • Advice in relation to wider costs, recruitment and staffing. • Skills and training guidance to support a sustainable and flexible labour pool. • Relocation advice, presentations and tours of the lo the local area. • Introductions to centres of excellence, business development networks and sector specific groups.

Meet the team