Cheshire Science Corridor Enterprise Zone - Development Update

Tuesday 4th October 2016

Agenda

Overview of the Cheshire Science Corridor and its strengths

Benefits of Enterprise Zone status

Development update

Find out more…

Client Name | Cushman & Wakefield

Cheshire Science Corridor Enterprise Zone

Client Name | Cushman & Wakefield

Strengths of the Cheshire Science Corridor

Established business base in key growth sectors

Highly skilled, productive and entrepreneurial labour market

Well connected by road, rail, air and water

Supportive public sector

Client Name | Cushman & Wakefield

Benefits on Enterprise Zone Status

Business Rate Discount (Up to £275,000 5 years) First year Enhanced Capital Allowances (Assisted Areas) Clear and streamlined planning Commitment to enhance broadband infrastructure Dedicated Enterprise Zone Growth Director Re-investment of Business Rate Revenue Enhanced market profile at international level (UKTI) Collaboration with research and education establishments

Attract 20,000 new jobs and 500 businesses to Cheshire and Warrington

Client Name | Cushman & Wakefield

The Enterprise Zone Sites

Site Sector Focus Key Incentive

Alderley Park(Cheshire East)

Life Sciences BRD

Birchwood(Warrington)

Energy and Nuclear BRD

Thornton Science Park(CWAC)

EnergyEngineeringAutomotive

BRDECA

Protos(CWAC)

Environmental TechnologiesEnergy

ECA

Ellesmere Port Sites(CWAC)

Advanced ManufacturingEnvironmental TechnologiesAutomotive

BRDECA

Client Name | Cushman & Wakefield

Ellesmere Port

Cloister WayUnit 1 – 22,000 sq ftUnit 2 – 18,500 sq ftQuoting rent - £4.75 psfCompletion – November 2016

Helix Business Park

6 Units - 6,000 to 15,000 sq ftFor sale or to let BREEAM ExcellentCompletion – Early 2017

Client Name | Cushman & Wakefield

Protos

50MW capacity wind farm £65 million 20MW biomass facility New road and roundabout Cheshire Wildlife Trust Ecological Area

Under Construction

Pipeline

Timber recycling plant D&B up to 350,000 sq ft

Client Name | Cushman & Wakefield

Birchwood

Cavendish AvenueUnit 711 – 14,000 sq ftUnit 712 – 17,500 sq ft (Werfen)Unit 713 – 21,600 sq ft

Daten ParkMajor refurbishmentBuilding One - 22,000 sq ft

Client Name | Cushman & Wakefield

Find out more…

www.cheshiresciencecorridorez.com