Northamptonshire Investment Prospectus

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Northamptonshire At the heart of opportunity for business



Northamptonshire THE place to invest Northamptonshire is at the heart of the UK’s transport and

• Efficient and fast passenger and freight rail links

business infrastructure providing unrivalled access and a

• Two dedicated rail freight terminals at Daventry

strategic gateway at a local, national and international level to customers and suppliers. Northamptonshire’s strategic location has…

International Rail Freight Terminal (DIRFT) and the

Eurohub in Corby

• Three rail networks serving the region in all directions

Easy access to the major road networks, M1, M40,

M45, M6, A14 (A1-M1 Link), A43 and A45

• Major ports of Felixstowe, Southampton, Liverpool and

• Five international airports within one hour’s drive

time: Heathrow, London Luton, Birmingham,

East Midlands and Stansted

now connect with Europe via the Channel Tunnel

Tilbury are within 3 hours

• Over 95% of the UK’s population located within

• Three major air freight hubs nearby, including

East Midlands Airport – the UK’s largest dedicated

pure air freight terminal

a four hour drive time

• Less than one hour to London by train • Located at the heart of the Oxford-Cambridge

Arc, Europe’s Premier hi-tech region

Airports Trans-European Network Route Oxford to Cambridge Arc

Coventry (15 miles) Birmingham International (27 miles) East Midlands (40 miles) Rockingham

Rail freight terminal

CORBY

Birmingham New Street 70 Mins

A14

D.I.R.F.T

EUROHUB

DESBOROUGH

A43

ROTHWELL

OUNDLE

J18

M45

A605

KETTERING

J17

A508

DAVENTRY

Long Buckby

THRAPSTON

A43

WELLINGBOROUGH

A45

NORTHAMPTON

J16

A45

M1 A5

A6

J15

St. Pancras 49 Mins

A508 A422

BRACKLEY M40

Oxford 18 Miles

St. Pancras 49 Mins

A428

TOWCESTER

King’s Sutton

Cambridge 30 Miles

RUSHDEN

J15A

Airports

A43

Silverstone

London Euston 48 Mins

Luton (27 miles) Heathrow (59 miles) Stansted (85 miles) Gatwick (97 miles)

London Marylebone 79 Mins

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Why Northamptonshire? £11 billion of infrastructure investment planned by 2021 Northamptonshire has been at the forefront of a significant

headline office rents of only £14.00 per square foot,

UK government programme of new investment and

Northamptonshire is the alternative, greener, more cost

investment encouragement for housing, business and

effective location.

commercial property development – £11 billion of public sector investment in transport and infrastructure is planned by 2021 – plus 141,000 new jobs and 167,000 new houses

5 international airports within 1 hour of Northamptonshire

by 2031. Northamptonshire is at the centre of a UK leading

The greener, more cost effective location with direct access to London

communications network, allowing easy access to UK markets and population and ensuring quick links to continental Europe - 5 international airports including

Frequent and fast rail services from Northampton,

London Heathrow and Birmingham International are

Kettering, Wellingborough and Corby allowing easy access

within 1 hour of Northamptonshire.

from Northamptonshire to Central London, and with top

Northamptonshire exudes a quiet confidence in the knowledge of what it has to offer; welcoming people, a warm heart, great places filled with hidden treasures and successful businesses right in the middle of everywhere…… what more do you want?! Ian James, Chief Executive Officer, British Pepper & Spice Co. Ltd

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Leading the development of new UK construction technologies Northamptonshire is taking a lead role, in the UK, in encouraging the development of new forms of construction technology. A consortium of Northamptonshire and East Midlands regional partners are investing ÂŁ8m in the construction of the new iCon sustainable construction building at Daventry. The building will have 60 units for start-up businesses, a conference room for 300 people, exhibition spaces, meeting rooms, reception and networking space and will be a national hub for research and businesses at the cutting edge of the construction industry.

World leading location for high performance engineering Northamptonshire is a world leading location for

Northamptonshire can rightly claim to be at the very heart of the motorsport industry in the UK. From our headquarters in Brackley, Mercedes GP Petronas has access to a vastly skilled and enthusiastic workforce, along with a crucial chain of valued suppliers based in the county.

research and manufacturing in high performance engineering, with a particular expertise in motorsport Silverstone and its centre of excellence is here plus Mugen, Mercedes-Benz HighPerformanceEngines and Cosworth are just three of the prominent and important names in this industry that are based in Northamptonshire.

An enviably accessible location Northamptonshire is at the centre of the UK providing easy access to a substantial market for goods and services. Northamptonshire’s central position also makes it the UK’s leading location for companies involved in advanced

Nick Fry, CEO Mercedes GP Petronas

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logistics and distribution.


Excellence in education, plus sector-leading growth

Nationwide Building Society, Staysure.co.uk Ltd, Corus, Wincanton, Avon Cosmetics Limited, Carlsberg UK, granoVita, Alpro Soya, Weetabix Food Company,

Excellence in education, plus sector-leading growth with,

Snap-on Tools and Travis Perkins are just a few

for example, an international lead in technologies for

examples of companies with substantial activities

managing and converting domestic and industrial waste;

in Northamptonshire.

a UK leading fashion school; and a centre of global of leather.

20 million visitors spending £760 million annually

Business is booming

Thanks to its relatively undiscovered status, quality

excellence and research in the development and use

consumer offering and diverse tourism industry Northamptonshire is also a successful location for many

Northamptonshire is an increasingly popular destination

other, nationally and internationally known companies –

for visitors, either on business or for fun.

across a range of different sectors: Barclaycard,

Where do you relocate a London office? Successfully making it’s way onto the short-list, Northamptonshire has now become our preferred choice for customer interaction. Its unique central location provides VELUX with an unrivalled opportunity to engage at a face to face level with our customer base Kevin Brennan, Relevancy Manager, VELUX Company Ltd

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Key Sectors Advanced Logistics Northamptonshire is located right at the heart of the UK and this unique central location in the “Golden Triangle”, coupled with exceptional transport links, makes logistics one of the county’s largest industry sectors. Northamptonshire is at the hub of the UK’s transport and business infrastructure, providing unrivalled easy access and a strategic gateway at a local, national and international level to customers and suppliers. Newcomers to Northamptonshire find themselves in good company with some of the best known logistics firms having long since located here. Companies like NYK Logistics, Wincanton, Stobart Group, Wrefords Transport, Clipper Logistics Group and Coca-Cola Enterprises Ltd have chosen the county as the best place to locate their logistical operations.

Casestudy: Panasonic Logistics Company UK Ltd Northamptonshire is extremely well situated from a logistics perspective with an excellent road network linking all of the major cities and towns. So much so, that I firmly believe that Northampton is now considered the centre of the country’s logistics industry Simon Kay, General Manager, Panasonic Logistics Company UK Ltd

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Low Carbon Technologies The Low Carbon Technology sector is currently estimated to be worth around ÂŁ3.5 trillion rising to ÂŁ4.6 trillion by 2015. As the world moves from an oil-based economy to a low carbon economy, companies at the forefront of the sector stand to make massive gains from the wide range of opportunities opening up for them. Northamptonshire is a centre of excellence in specified low carbon technologies and home to a range of organisations and companies who lead their field in renewable energy, sustainable construction, recycling and waste management.

Case Study: Jayplas Established in 1975, J&A Young (Leicester) Limited trading as Jayplas has grown to become the UK’s largest plastics recycler. The company have operations around the UK but they have chosen Corby in Northamptonshire as the location for their new PET recycling facility.

Corby is a great location for our new investment. We had searched a long time for suitable premises and were delighted to have found the right sized building at a competitive price with great logistics and the necessary utilities. We have had great support from the local council in many areas and have been able to recruit local people across a diverse skills base. Darren Thompson - Finance Director Jayplas

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High Performance Engineering Northamptonshire sits at the heart of the world class cluster of Motorsport Valley®, this includes a third of the cluster’s top 20 motorsport engineering companies and a set of motorsport venues, including Silverstone which are second to none in the UK. Motorsport and its supply chain has also driven the development and growth of companies which make up the much bigger cluster of 450 high performance engineering companies that service or have a close fit with this motorsport ethos. The cluster consists of engine builders, precision engineers, electronics expertise and one of the major international motor yacht designers and builders in the UK. There is a huge overlap which takes the business activity of the HPE companies into servicing the automotive, aerospace, electronics, material technology, water sports and medical technologies sectors. Northamptonshire has:

Casestudy: Cosworth

• 200 plus major motorsport companies employing 6,000 people with an annual turnover of £0.6 billion • 450 High Performance Engineering companies employing over 10,400 employees • Internationally recognised engine builders including Cosworth, Ilmor Engineering, MAHLE Powertrain, Mercedes-Benz HighPerformanceEngines and Mugen Euro • F1 constructors Mercedes GP Petronas and Force India • Silverstone – the only Grade 1 motorsport circuit in the UK • Rockingham – the only ‘oval’ motorsport circuit in the UK • Santa Pod – the UK’s premier drag racing strip

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Cosworth is based in Northamptonshire in the middle of a technology cluster, which provides us with an essential support infrastructure for our business. The ideal location provides excellent transport links by road, rail and air and places us at the centre of the UK’s motorsport, automotive and aerospace sectors Jog Lall, General Manager and Director, Cosworth


Food & Drink Some of the world’s strongest and oldest food and drink brands operate from Northamptonshire. Companies like Granovita, Carlsberg, Whitworths have chosen the county as their UK headquarters, local businesses like Weetabix and Bokomo have become world leaders, greenfield investors such as Alpro are undergoing strong growth and British Pepper & Spice who have been trading for over 300 years are based in Northamptonshire. Northamptonshire’s location gives ease of access to both retailers and regional distribution centres, cutting transport

Casestudy: Carlsberg

costs and exploiting established distribution networks.

Carlsberg UK is very proud of its company history, with its Brewery based in Northampton being one of 92 local production sites in over 50 countries around the world. The Northampton site is the HQ for all UK operations and has been a significant part of the growing landscape in Northampton for over 30 years. Our phenomenal success over the last 10 years has seen Carlsberg UK’s Northampton base double in size with the construction of its National Distribution Centre just off the M1. This clearly demonstrates one of the key benefits of Northampton as a location, with its fantastic access to all points of the UK

national logistics and regional distribution centres used by

The county is at the heart of “The Golden Triangle” of food and drink companies and food retailers such as Tesco, Coca Cola Enterprises Ltd, Morrison and ASDA. Local colleges such as the University of Northampton are building expertise in providing specific food technology training courses, vocational skills; business and enterprise training as well as managerial and executive level business courses. Northamptonshire also has a growing independent food and drink sector and an increasing number of successful entrepreneurs, new companies and new retailers emerging. The sector is the second most valuable within the county’s visitor economy (topped only by shopping) and forms 18% or £150m of the overall visitor expenditure and accounts for almost 3000 jobs. Prominent, successful and award winning local producers include potted beef manufacturers, Sauls of Spratton; local breweries, Frog Island and Hoggleys; and rapeseed oil manufacturers Farrington Oils.

Gareth Roberts, Head of Sponsorship & Media Relations, Carlsberg UK

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Financial Services Northamptonshire offers a competitive business proposition

property development – £11 billion of public sector

to financial services companies. The combined benefits of

investment in transport and infrastructure is planned by 2021

population growth, a strategic location and a competitive

– and 141,000 new jobs and 167,000 new houses by 2031.

cost base mean the county can provide businesses with a strong competitive edge. Northamptonshire is home to leading financial organisations such as Barclaycard, Nationwide Building Society, Handelsbanken, iPSL and many more Northamptonshire’s central location places it within a two hour drive of 75% of the UK’s population. Getting to London and the City is fast and convenient and takes less than 50 minutes by train.

The Northamptonshire financial services companies can take advantage of the large pool of skilled graduates drawn from the University of Northampton and from 33 other major universities within one hour’s drive - including Oxford, Cambridge and London. Northamptonshire has a portfolio of readily available sites and buildings, ranging from high quality town centre offices to prestigious out of town locations. This includes the

Northamptonshire is at the centre of a UK leading

Northampton Business Park, the Kettering Venture Park and

communications network – the main North South M1 and

high profile developments in Wellingborough, Daventry, Corby

East West M6/A14 motorways pass through Northamptonshire

and East Northants and choosing Northamptonshire can result

- giving easy access to UK markets and population and

in property rental savings of between 30-45% compared to

international airports including Birmingham International and

London and the South East.

London Heathrow are within 1 hour of Northamptonshire.

Northamptonshire also provides direct access to the UK’s

Northamptonshire is at the forefront of a significant UK

world class telecoms infrastructure, including extensive

government programme of new investment and investment

broadband networks and support services across the full range

encouragement for housing, for business and for commercial

of digital and media platforms.

Casestudy: Handelsbanken Handelsbanken specialises in providing highly personalised and competitive banking services to both Corporates and Individuals. We launched our business during 2007, and our purpose built offices in Northamptonshire opened in early 2008. Northamptonshire was chosen for a number of reasons including the fact that the area is designated a key zone for growth and expansion over the next 30 years. It is also a great location with good road, rail and air access. The support we have received from Northamptonshire Enterprise Limited during the opening of our new venture has been invaluable, and has assisted us with links to other partners in the area. David Arscott, Branch Manager, Handelsbanken

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Contact Centres Northamptonshire offers a compelling business proposition for contact centre operators. Major industry operators already located in county include: Barclaycard, Nationwide Building Society, Talk Talk, Avon Cosmetics, DataForce, RS Components, Snap On Tools, National Grid and JohnsonDiversey. Over 35 contact centres already operate from the area, with more than two thirds of them employing over 50 people. Northamptonshire’s growing reputation as a contact centre location is based on directly addressing the core requirement for success in the industry – access to experienced, skilled and competitively priced labour. This labour is drawn from the 650,000 people living in the county which is set to grow to 800,000 over the next twenty years. Through the practical experience and success of brand name contact centre operators already located here, Northamptonshire delivers an attractive, all round package that gives contact centre operators a strong competitive edge. Contact centre operators can take advantage of a large pool of accredited graduates, drawn from the University of

Casestudy: JohnsonDiversey UK

Northampton and from the 33 major universities located within one hour’s drive -including Oxford, Cambridge, and London and specialist contact centre’s accreditation courses offered by the University of Northampton Northamptonshire’s central location places it within a two hour drive of 75% of the UK’s population. Getting to London and the City is fast and convenient and takes less than 50 minutes by train. Northamptonshire is at the centre of a UK leading communications network – the main North South M1 and East West M6/A14 motorways pass through Northamptonshire - giving easy access to UK markets and population and international airports including Birmingham International and London Heathrow are within 1 hour of Northamptonshire.

Northampton is an ideal central location for our national sales and support teams and Johnson Diversey’s UK head office has been here since 1977. Service is one of our main differentiators and Northamptonshire is ideal for attracting high caliber people. We have Approved Centre status with the Institute of Customer Service in recognition of our commitment to training, and use high standards to recruit and develop the best people. We have had great success in selecting and retaining excellent service professionals Rachel Clarke, Customer Services Director, JohnDiversey UK

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Case Studies Countywide Site Developments

Case Study 1

High Street Development, Wellingborough Town Centre The High Street site is a brown field development in a key area of Wellingborough town centre. The majority of the site is fronted by existing heritage buildings and provides the opportunity to develop a complementary mixture of residential, commercial, retail and parking. The Wellingborough Town Centre Area Action plan was adopted in 2009. This identifies the High Street as the first major part of the town centre redevelopment, a catalyst for the town’s regeneration. The Borough Council of Wellingborough has put significant resources into securing key properties on the site through a Compulsory Purchase Order and has secured Growth Area Funding to deliver the first phase of infrastructure for the site. This site will be released to the market very shortly and developers will have the opportunity to input into the future of Wellingborough Town Centre.

Site Address: High Street, Wellingborough Town Centre Site Owner: Borough Council of Wellingborough. Site Type: Mixed Use

Site Size: Residential Retail Commercial Parking

6,599m2 ( C3 ) 419m2 ( A1-A5 ) 5,161m2 ( C1, B1, D1 ) 555 places ( 200 Public spaces )

Additional Web Links: www.connectedwellingborough.co.uk www.wellingborough.gov.uk/growth

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Case Study 2

North Park Farm, Wellingborough On top of its central location and excellent communications, Wellingborough is an attractive market town, full of historical character that is well poised for growth. As a high quality High-Tec business park to provide long term accommodation for office and research facilities for new and existing businesses. The project is a major priority for the Council and has been identified as a key project in the Council’s 2020 Vision. A pre-feasibility study has been undertaken on the Council owned site and the Council is keen to work with partners and developers to bring it forward. Site Address: Niort Way, Wellingborough

Site Size: 26.04 acres

Site Owner: Borough Council of Wellingborough Site Type: The masterplan for the urban extension at Wellingborough North includes an area of 16.53 acres for a B1 business park.

Additional Web Links: www.wellingborough.gov.uk/growth www.connectedwellingborough.co.uk

Case Study 3

TCV Sites 3 & 6, Daventry An indicative masterplan has been prepared that shows the mix and distribution of uses and this will form the basis of an outline planning application, due to be submitted in October 2010. The site forms part of the Town Centre Vision for Daventry; intended to regenerate and expand the town centre, to serve a growing population from its current 25,000 to approximately 40,000 by 2026. The redevelopment of other TCV sites has ready started to come forward, including the adjoining ICON site, due to open in March 2011, offering 60 starter units and conference facilities.

Site Address: Land off Eastern Way, Daventry

Site Size: 25.40 acres

Site Owner: Daventry District Council, Lodge Road, Daventry, Northamptonshire, NN11 4FP Site Type: Mixed use development, including residential (up to 365 units), B1 (13,000sqm), college (11,745sqm), hotel (4280sqm), youth/ community facilities (4080sqm), retail (restaurants and cafes) A3/ A4/ A5 (2730sqm), ancillary retail facilities, canal related facilities (1450sqm), open space, around proposed canal and basins.

Additional Web Links: www.daventrydc.gov.uk/environment-and-planning/regeneration/ the-daventry-canal-arm/

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Case Study 4

Castle Railway Station, Northampton Redevelopment of the rail station is central to the vision for Northampton town centre, providing an iconic business and communications hub. Phase 1 will be the construction of a new multi storey car park, and a scheme to upgrade the station. Phase two will provide the opportunity for commercial development. Planning for the new station is expected to be resolved in 2011.

Site Address: Weedon Road, Northampton town centre

Site Size: 26,000 sq m

Site Owner: Network Rail Site Type: New station, rail user car parking, 26,000 sq m commercial development

Additional Web Links: www.wndc.org.uk

Case Study 5

Northampton Waterside, Northampton The waterside is an emerging new district for Northampton town centre. It will provide over 90,000 m2 of high quality mixed use development on a stretch of land running alongside the River Nene from Castle Railway station to the south of Northampton town centre.

Site Address: St Peter’s Way, Northampton town centre

Assembly of third party interests is already underway. Much investment has already been made nearby, with the new European Headquarters of Avon Cosmetics now complete and a new Marina set to open in 2011.

Site Size: 90,000 sq m

Site Owner: West Northamptonshire Development Corporation, National Grid Site Type: 90,000 sq m mixed use development Additional Web Links: www.wndc.org.uk

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Case Study 6

St Johns Development, Northampton St Johns is one of the few remaining Town Centre redevelopment sites and is at the centre of its planned cultural quarter. The Borough Council has identified the reintroduction of high profile business back into the Town Centre as the key driver to increase the local economy, improve visitor numbers and enhance the regional importance of Northampton.

Image copyright: Corstorphine & Wright

The comprehensive development scheme is set to include a 100+ bedroom hotel, high quality sustainable office accommodation, family orientated restaurants and cafés and a high quality public open space in front of the renowned Royal & Derngate Theatres. The University of Northampton has expressed an interest to take space for teaching and research facilities as well as student residential accommodation.

Site Address: Swan Street, Northampton

Site Size: 2.2 acres

Site Owner: Northampton Borough Council Site Type: 5 residential town houses/offices Commercial offices Family orientated restaurants, cafés and bars Public square Potential University facilities and residential accommodation

Additional Web Links: www.northampton.gov.uk

Case Study 7

Brackmills Industrial Estate, Northampton Brackmills is the destination of choice for leading local, regional, national and international companies such as Coca Cola Enterprises, Travis Perkins, ASDA, Tesco, Panasonic and John Lewis Partnership. Chain hotels, restaurants and leisure facilities near to the estate. In April 2009, Brackmills Industrial Estate became Northamptonshire’s first Business Improvement District. Businesses on the estate benefit from new CCTV/ANPR cameras on the estate, new lorry bays and a pro-active business community that are working together to improve the shared environment, share best practice and make bottom line savings through group procurement. Site Address: Brackmills Industrial Estate, Northampton, Northamptonshire

Site Size: 700 acres

Site Owner: Multiple Ownership Site Type: Mixed Use, Hotel, B1, B2, B8 and C1 Additional Web Links: www.brackmillsindustrialestate.co.uk

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Case Study 8

Corby Central Business Park, Corby Corby Central Business Park is a 19.76 acre development opportunity at the heart of the fastest growing town in England. Situated at the new Corby Rail Station, with direct hourly train services to London, St Pancras, the site is the gateway to a town that has seen major investment over the last 5 years and is doubling in size over the next 20. Serviced plots directly adjacent to the new station offer immediate potential for office and residential development. Our masterplan offers scope for over 35,000 sqm of commercial space, a new ÂŁ37m Further Education College already under construction and plans for close to 300 residential units.

Site Address: Cottingham Road/Station Road Corby

Site Size: 19.76 acres

Site Owner: Partner Ownership with a joint Masterplan – Northamptonshire County Council, Corby Borough Council and Homes and Communities Agency Site Type: B1, B2, Residential

Additional Web Links: www.moreincorby.co.uk

Case Study 9

Equilibrium Rushden Lakes, Rushden The site has outline planning consent for mixed use development, with a master plan for a 175 bed four star hotel, 51,835 sq ft of retail space, a marina for 100 boats and offices / business units from 1,000 sq ft up to bespoke buildings of 100,000 + sq ft. The site has direct access on to the A45 at Rushden ensuring excellent proximity to road, rail and air through the A45 and A14 road network which connects to the rest of the country. The site is currently un serviced, but would support a strong sustainable green profile, including green energy supply, heat pump system and other environmental initiatives. Rushden and Wellingborough are within a 10 minute drive time. Kettering and Northampton within 30 minutes. The nearest mainline rail station is

Site Size (sq ft, sq m, acres): 7.02 acres

Wellingborough, approximately 6 miles.

Site Address: West of Rushden Lakes, East Northamptonshire

Site Size: 35 acres

Site Owner: Rushden Park and Lakes Development Company Site Type: Mixed Use

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Additional Web Links: www.prop-search.com www.investinrushden.co.uk


Case Study 10

Southern Gateway Business Park, Corby Southern Gateway Business Park is the gateway site into Corby and will be developed to comprise a mixture of commercial uses. A Whitbread family restaurant and hotel have been opened on the site. In addition, land is under offer for a high quality petrol filling station. The site is fully serviced and Parcel A is to be developed comprising office / leisure / road-side uses and the remaining parcels as office / industrial units on a design and build basis. Plots are available in part and in combination. Site Address: Southern Gateway, Corby, Northamptonshire Site Owner: Bee Bee Developments Site Type: B1, B2

Site Size: 7.02 acres Additional Web Links: www.moreincorby.co.uk

Case Study 11

Towcester Moat Lane, Towcester A mixed use scheme in Towcester town centre, providing new community, retail, leisure, food and drink, residential and commercial facilities. It is an ideal opportunity for a niche developer or investor. The masterplan includes a civic building, boutique hotel complex, as well as small shops, cafes, offices and residential development. The centerpiece of the site is a renovation of Bury Mount, an ancient scheduled monument which has been at the heart of Towcester since medieval times. Site Address: Towcester town centre, South Northamptonshire

Site Size: 12,000 sq m

Site Owner: South Northamptonshire Council Site Type: Mixed Use

Additional Web Links: www.moatlane.org

Case Study 12 Reynard Park, Brackley

Prominent main road site in front of Mercedes GP Petronas F1 development. Opportunities for complementary/linked uses with F1 team. Easy access to the dualled A43 trunk road linking the M40 and the M1. Site Address: Reynard Park, Oxford Road, Brackley NN13 7BD

Site Size: 0.9 acres

Site Owner: Reynard Pension Fund Site Type: B1, B2, B8, C1

Additional Web Links: www.southnorthants.gov.uk/planning_building/1437.htm

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Case Study 13

Town Centre Regeneration, Kettering The vision for Kettering town centre is: “To create a vibrant heart for Kettering; a place that is characterful, distinctive and fun. The town centre will become a focal point for North Northamptonshire as it is the prime retail centre within the area”. To make this vision a reality the emerging Area Action Plan (AAP) has established eight “quarters” , development and growth in Kettering town centre will be focused around the development of these, whilst combining together to form an integrated and coherent whole. Commercial Offices Around 38,500m2 net additional B1 office floorspace will be delivered by 2021. The bulk of B1 offices will be in the Station Quarter 3 which will accommodate around 32,000m2 of office floorspace, incorporating a proportion of A2 Financial and Professional Services. Smaller commercial allocations, totalling around 6,500m2 are also made on 2 sites in the New Residential Quarter, as part of a mix of uses. Elsewhere B1 offices will be acceptable throughout unless there are other restrictions. Primary Shopping Area and the Evening Economy The Primary Shopping Area (Wadcroft) will be the focus for retail within the Plan Area. A minimum of 20,500m2 of

net comparison retail floorspace will be delivered by 2021. Development sites have been acquired and allocated by Kettering Borough Council for this purpose. Construction is underway and progressing towards an early 2011 opening that will see new high quality restaurant premises that will form part of the new restaurant quarter for the town centre. Culture and Tourism Proposals for additional cultural and tourism facilities will be encouraged within the AAP to enhance the current provision. Sites have been made available within the AAP for hotels. Residential Development The AAP will accommodate approximately 1,000 new dwellings during the period to 2021. A flexible variety of densities will be appropriate across the town centre depending on the characteristics and design requirements of each site. Not to mention residential use or an element of residential use in a mix of uses is allocated on sites within the plan. Next phases of our town centre development include the completion of a new restaurant quarter in early 2011, high street brands and niche shopping (Wadcroft and The Yards), and a new station and office quarter will soon follow. With planning consent approved for 5,500 high quality homes to the East of Kettering bringing with it over £180 million of investment that will be put into the town centre, local transportation links and improvements, schools and community facilities Kettering will continue to turn its vision into reality.

Site Address: Area bound by Kettering Town Centre boundary Site Owner: Multiple Ownership including Kettering Borough Council Site Type: Mixed Use

Site Size: Residential: 29 allocated sites to accommodate approximately 1,000 new dwellings Retail: a minimum of 20,500m² net of comparison floorspace. Office/Commercial: 38,500m² deliverable B1 Office/Commercial floorspace allocated.

Additional Web Links: www.investinkettering.com

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Case Study 14 Cransley Park, Kettering

Cransley Park is one of the region’s most important development sites, strategically located at a highly visible landmark location immediately adjacent to the A14 and A43. Cransley Park is set to become Kettering’s premier business location and has been conceived as a truly mixed use business park. Occupying a prominent gateway site the park will extend over 32 acres, including a 2.15 acres dedicated nature conservation area. Emphasis is on provision of a high quality development set within a fully landscaped site. Cransley Park is well located to access major train and motorway links nationwide. The park has frontages to both the A14 and A43 trunk roads and is a highly visible gateway development Site Address: J8 A14, Northampton Road, Kettering, K12 3AB

Site Size: 32 acres

Site Owner: St Francis Group Site Type: B1/B2/B8 & C1 Additional Web Links: www.stfrancisgroup.com/projects/ www.investinkettering.com

Case Study 15

Silverstone. Northamptonshire Silverstone is renowned as the Home of the British Grand Prix™, and the foremost international venue for Formula 1™ racing. It is also at the very heart of ‘Motorsport Valley®’, a global centre for the development and production of performance cars. Of the 760 acres comprising the Silverstone Estate, over 230 acres will be released for the planned redevelopment of the circuit and expansion of the Technology Park. Plans will see the development of up to 6 million sq ft of mixed use accommodation over the next 10 years and the creation of 3000 new jobs. The core concept of the new development is the creation of a community of complementary uses including the technology park, a manufacturers test centre and an enhanced educational offer. First class on site amenities will

include new conference & banqueting facilities (scheduled to open May 2011), hotels, dedicated visitor centre alongside additional sports and leisure activities. The expansion of the Technology Park will provide a wide variety of development options – both freehold and leasehold, including fast-track design and build to occupiers specifications. The Technology Park is also home to the Silverstone Innovation Centre providing a serviced environment to foster the growth of advanced engineering and motorsport related businesses.

Site Address: Silverstone Circuit, Towcester, Northamptonshire NN12 8TN Site Owner: BRDC – British Racing Drivers Club Site Type: 54 acres – Technology Park 38 acres – Hotel, conference & showroom 61 acres – B1, B2 & B3 commercial accommodation 44 acres – Leisure & exhibition 33 acres – to be allocated

Site Size: 230 acres Additional Web Links:

www.silverstone.co.uk

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About Northamptonshire Enterprise Limited: Northamptonshire Enterprise Limited is a private sector led

Northamptonshire Enterprise Limited facilitates a ‘one

public, private, voluntary sector partnership. Its purpose is

voice’ approach to economic development, inward

to develop the Northamptonshire economy, to support local

investment and tourism/destination management.

job creation in a key growth area and to build a successful and sustainable economy for the benefit of the county’s

Northamptonshire Enterprise Limited can offer a complete

communities, businesses and visitors.

range of services to assist you with your relocation to Northamptonshire. From initial commercial property

Our aim is that by 2015, Northamptonshire will be one

searches to detailed industry proposals, our business teams

of the most cutting-edge and competitive sub-regions

are set up to support your company and ensure your

in Europe and will be recognised as such by its visitors,

business growth and success.

employers, investors and residents.

Now that you have discovered what Northamptonshire can deliver for you, your business and your customers, make your move and contact us today. We want you to GROW with us, and be part of this exciting and prospering county!

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Northamptonshire Enterprise Ltd Enterprise House 30 Billing Road Northampton NN1 5DQ T: 01604 609 393 F: 01604 627 401 info@northamptonshireenterprise.ltd.uk www.northamptonshireenterprise.ltd.uk Whilst every effort has been made to ensure the accuracy of the information contained in the brochure, the members of Northamptonshire Enterprise Limited accept no responsibility for any error nor liability for any inconvenience howsoever caused. Northamptonshire Enterprise Limited reserves all editorial rights.


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