2.5.4. Mersey Waters Enterprise Zone Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

What does the zone include?

A
  • A new cruise liner facility alongside the Princess Dock
  • The new Leeds-Liverpool canal link extension
  • Millions of square metres of office space
  • 3 luxury apartment towers
  • A 760 space multi storey car park
  • 2 high quality hotels which offer excellent meeting and conference facilities and health clubs
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2
Q

What will the scheme do?

A
  • Tax breaks and planning rules will be cut back to attract new businesses and create jobs
  • It will create 20,000 new permanent jobs for the Liverpool City Region
  • It straddles both sides of the river and converts 2 major regeneration projects in Wirral and Liverpool
  • Aim to do this through using Wirral Waters and Liverpool Waters as catalysts to increase development in local economy
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3
Q

Luton Airport

A
  • 5th largest by passenger numbers and one of the fastest growing airports in the UK
  • In late 2022, they held a second statutory consultation on the proposals to increase the capacity of London Luton Airport to 32 million passengers per annum -> the scheme will bring a scale of reduction in order to improve the visual and environmental state of the airport
  • The airport said the plans would support its aim to produce zero emissions ground operations by 2040.
  • The success of Luton Airport acts as a catalyst for the economy of the region, currently contributing £2000 per minute to the national economy
  • The development opportunity comprises three sites surrounding or connected to Luton Airport : Century Park, Airport Businesses Park and Stirling Place
  • Luton is currently undergoing a major transformation with more than £1.5 billion in private sector investment
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4
Q

Royal Docks

A
  • South London’s only enterprise zone
  • Created 35,000 jobs and 4,000 homes in the zone and 60,000 jobs and 25,500 homes within the wider network
  • By 2037/38, there will be an investment of £8 billion, including £600 million of TFL investment in the DLR network
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5
Q

Sector focus

A
  • Business services
  • Green enterprise
  • Hospitality
  • Leisure
  • Creative industries
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6
Q

What has been created?

A
  • Planning has been created to utilise the former docks and create a ‘floating village’ of homes, shops, restaurants, a visitor destination an workspace
  • Already a magnet for businesses with industry leaders including Tate and Lyle, Slemens Crystal, ExCel London and the University of East London already based there
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