Why Invest in Broxtowe’s Town Centres?

Great Transport and InfrastructureBroxtowe’s town centres are one of the UK’s leading areas in terms of public transport modernisation, with Phase 2 of NET’s tram network featuring a brand new bus and tram interchange in Beeston and a tram terminus at Toton (1 mile from Stapleford Town Centre), connecting to a new park and ride facility and placement near to the preferred site for the planned Midlands HS2 hub. This major investment in infrastructure ensures that Broxtowe is not only better linked with the City of Nottingham but also more directly with London and the North, via Beeston train station and the proposed HS2.

Broxtowe also has over 2,200 parking spaces immediately within its town centres, as a mixture of long and short stay car parks, plus additional long stay parking provisions just outside its town centres still within walking distance. Kimberley and Eastwood town centres are situated next to Junction 26 of the M1, with Stapleford benefitting from similarly close placement to Junction 25.

The University of Nottingham Park Campus is also home to a mixture of 3,000 UK and international students staying on the campus grounds, as well as additional students staying in nearby private accommodation. The campus is located 0.8 miles from Beeston town centre and 3.3 miles from Stapleford.

Many businesses have already identified the huge potential in Broxtowe’s town centres - Start-up and established businesses of all sizes are investing in each town, safe in the knowledge they can grow a business in Broxtowe and create a long lasting relationship with the customers already visiting the area. In the last 2 years, several million pounds have been invested in new business openings and refurbishments within Broxtowe’s town centres.

With all our town centres showing occupancy rates of over 88%, they are becoming a go-to destination for multi-national companies when considering new stores and a place with a proven track record for new startups.

88%

Access to an increasing and diverse local demographic - In addition to these major improvements to infrastructure, Broxtowe will see over 1,000 new homes developed over the coming years within a few miles of the main town centres, increasing the Borough wide catchment. Once completed, these new housing developments have the potential to increase the demand on existing retail and leisure and create up to an additional £13million for the local economy each year, based on average household weekly spend on goods and services available in the Borough (2012 figures).

Town Centre Management - Broxtowe has a Town Centre Management Team offering businesses on the high street a dedicated contact for business support at their local authority. Responsible for implementing physical regeneration on behalf of local authority, the Town Centre Management Team are a vital link between Broxtowe’s public and private sector stakeholders.

The teams also chair ‘Town Team’ meetings in Eastwood, Kimberley and Stapleford. These regular meetings are held to ensure that Broxtowe’s town centres remain attractive places to work, shop, live and invest, through a coordinated and proactive approach to regeneration projects.