Croydon l ondon. An international business destination

Transcription

1 Croydon l ondon An international business destination

2 Croydon London: Europe s 3.5 billion regeneration initiative Over the next five years: 2.8m sqft Grade A office space. 1.5bn Westfield/Hammerson scheme Europe s largest urban retail destination. 7 new hotels. 28 new public squares & spaces. 9,500 new home starts. New world class train station at East Croydon, connecting to London Bridge, Victoria, the City and Gatwick airport within 20 minutes. International business clusters in financial services, engineering, tech & media and government. A revitalised and vibrant city centre environment. Whether you are a major international business or exciting new start up, there has never been a better time to locate in Croydon London OPPORTUNITY

3 outstanding transport connections be at the heart of the action - just 15 minutes to Central London and international transport hubs M1 LUTON AIRPORT 62 CAMBRIDGE 97 STANSTED AIRPORT 71 M11 M40 MAIDENHEAD M4 M25 CROSSRAIL HEATHROW 43 EUSTON 40 VICTORIA 16 NATIONAL RAIL LINKS KINGS CROSS/ ST PANCRAS INTERNATIONAL 31 LONDON BRIDGE 12 CANARY WHARF 33 CROSSRAIL CITY AIRPORT 50 SHENFIELD M25 Croydon s outstanding transport connections open up a comprehensive range of commuter, national and international transport options for your clients, your staff and your business without compromising connectivity with central London. WIMBLEDON EAST LONDON LINE TRAMLINK M3 CROYDON M25 7 miles ( 15 ) LOCAL COMMUTER NETWORK M25 M23 BRIGHTON 38 GATWICK AIRPORT 14 M26 30 services an hour to Central London 30million investment will increase number & frequency of services and turn East Croydon into the 10th busiest station in the UK 11 services an hour to Gatwick Connections

4 Premium doesn t need to be expensive Existing tenants Atkins Grade A Prime Rent p sq.ft** Business rates Costs p sq.ft (Indicative) Travel time to City Travel time to London Victoria Travel time to International connections (Gatwick unless mentioned) Croydon has 8m sq.ft commercial floorspace the largest business hub outside the West End and the City/Canary Wharf. Over 20% has been refurbished in the past 10 years and another 2.8m sq.ft Grade A space is in the pipeline, providing accommodation formats and options for all occupiers. AIG Europe Allianz Mott MacDonald Croydon */ 9 12 minutes 16 minutes 14 minutes Comparison locations - London Hammersmith minutes 14 minutes 32 minutes London Victoria minutes N/A 30 minutes Kings Cross minutes 8 minutes Paddington minutes 14 minutes 31 minutes 15 minutes Competitive Connected Compelling The Croydon Concierge package AECOM IPC Media Liverpool Victoria Stratford minutes 26 minutes 52 minutes Chiswick minutes 29 minutes West End minutes 7 minutes City N/A 14 minutes Outside London 43 minutes 37 minutes 32 minutes (City airport) Invest in to access a unique package of business benefits: Free for a year Business Rates scheme we are so confident you will love your new location, we ll let you try it for a year free of charge. A dedicated, customer focused business account manager to facilitate your relocation & fast track any queries from initial enquiry right through to getting down to business. Mercer Carillion Zurich Goldman Sachs Network Rail Crawley minutes 43minutes 4 minutes Manchester hrs 29 minutes 2hrs 24 minutes Glasgow hrs+ 4hrs+ Reading minutes 53 minutes 20 minutes (Manchester) 29 minutes (Glasgow) 55 minutes *Free for a year business rates scheme: Rates apply after expiry 2015 **Prices taken from BNP Parabis/CBRE assessment July 2013/Knight Frank 2013 Central London Qtrly Access to an exclusive finance fund to enable you to grow your business and protect your competitive advantage. Home Office Value

5 Attracting the best TALENT The world class transport connections mean Croydon is within 30 minutes travel time for 1.1m economically active individuals, a highly educated catchment pool including 33% within the educated urbanite/wealthy executive/prosperous professionals demographic (source: ACORN 2013). Oxford Circus: 33 mins A new London LIFESTYLE Victoria: 16 mins London Bridge: 12 mins Croydon is poised to be home to London s professional class Clapham Junction: 8 mins House prices nearly half the London average. 9,500 new home starts in the next 5 years, with top quality new city centre apartments coming on the market at c. 300,000. Prices increasing by 6% year on year. Going out Future supply EAST CROYDON Elite class staff: Croydon has one of the highest numbers of residents with higher education qualifications in the UK - within the top 5% of all local authority districts. Local education standards are 3% higher than UK and London average and 87% of population are economically active. Some of the UK s top performing independent schools, including the Brit School, London s leading creative academy are amongst a comprehensive education programme which outperforms the UK average. Home to 28 of the top 30 UK retailers, including Superdry, House of Fraser, Top Shop and Waitrose. 800 restaurants including Michelin-listed fine dining at Alberts Table and Brasserie Vacherin. World class acoustics facilities at Fair Field Hall, about to undergo a 33 million refurbishment. London s greenest borough with 128 parks. Within 15 minutes direct access to the areas of outstanding natural beauty on north/south downs. International quality golf courses. Leading horse riding/racing facilities. World class cycling and outdoors activities. Private aviation facilities at Biggin Hill. Talent LIFESTYLE

6 Redefining London s Business Geography Strong occupier demand Croydon is already a strategic international business location with over 30 global companies operating in the commercial district. The historic co-location of major firms within financial services, engineering, technology and media sectors has enabled Croydon to emerge as a global hub of innovation in its own right. Immediately available Highly competitive and flexible terms can be offered in respect of all office requirements, ensuring that a Croydon office base can help drive efficiencies in occupier s total occupancy costs. Westfield/Hammerson New 1.5bn international retail destination Canary Wharf 33 minutes West Croydon West Croydon emerging centre Interchange New 180,000 sqft Grade A space Government hub East Croydon commercial hub Major engineering/finance/ insurance cluster East Croydon London Bridge 12 mins London Victoria 16 mins Existing business clusters Insurance & Financial services 300 businesses and 5,800 employees work in the financial services cluster, primarily based in the commercial heart by East Croydon station. Engineering Over 40 major (more than 250 staff) engineering,construction & technical services firms have a presence in Croydon, including AECOM, Atkins, and Mott MacDonald an overall workforce of more than 6000 staff. Logistics With a total industrial space provision of 7.9m sq.ft, just 5 minutes away from the city centre (including almost 1.6m sq.ft classified as high tech space) Croydon is at the heart of the global logistics industry. Government The UK s biggest government and public services hub outside Whitehall. Innovative new occupier options Croydon is leading the way for new occupier formats. Our market leading new innovation centre enables international investors to plug in and get on with business within minutes of arrival in the UK. Specialist start up & entrepreneur space is available in and around Matthews Yard, a thrilling manifestation of the burgeoning creative community. Exciting plans are underway for a vertical science park, anticipated to be a leading UK hub for technology, health and environmental science sectors. Competitive Connected Compelling Matthews Yard A new creative cluster linked to Tech City Fair Field cultural hub Including Fair Field Halls, a world class conference, exhibition and music venue. Gatwick Airport 14mins KEY 50m public realm scheme revitalising key pedestrian routes throughout the city centre. Delivery Emerging business clusters Education With 42,000 resident students and within 20 minutes travel time to London s university district around Bloomsbury, Croydon represents an outstanding locational opportunity for new education facilities. Tech & media 140 tech, design and media businesses are based in Croydon, the fastest growing cluster in south London. Health and environmental sciences Access to large floorplate sites ideal for high specification facilities, a highly educated workforce and links into the existing hubs at Cambridge & Kings Cross makes Croydon an ideal base for this industry. CROYDON DEVELOPMENT PIPELINE

7 Morello St Anne s House commercial property development Pipeline Accelerated planning process The London Borough of Croydon is setting a new international standard for facilitating high quality major regeneration schemes. The Croydon planning team has developed a strong reputation for a can-do, will-do approach to assisting delivery of schemes and attracting significant private investment and interest to the commercial district. 6 complementary masterplans deliver clear viability guidance to developers interested in investing in the urban district. Comprehensive pre-planning application process, includes access to decision makers and section106/community Infrastructure Levy guidelines. GAME CHANGER WESTFIELD/HAMMERSON Use: Retail and Residential status: pre-planning a new world class retail centre at the heart of the town centre 2 million sq.ft retail/leisure space 400 new homes Chroma Use: OFFICE Status: CONSENTED 258,000 sq.ft Grade A space 17 storeys breeam Excellent Clear 15,500 sq.ft column free floor plates Website: Use: Mixed StaTUS: consented 54 storey 500 apartments 67,000 sq.ft start up space BREEAM Excellent Boutique hotel Website: Use: Mixed StaTUS: consented Completion: June storey 46 new homes New 144 bedroom hotel BREEAM Very Good College Green Use: A major new mixed use development StaTUS: PRE-PLANNING Approx. 200 new homes New cultural hub Retail/leisure uses on ground floor 33 million Fair Field Halls revitalisation programme Website: Planning permission for Renaissance, a major speculative Grade A office scheme comprising 100,000sqft arranged over 5 floors, was achieved in just 5 weeks and three days. 2013/4 2014/5 2015/6 2016/7 2017/8 Invest in Croydon with great confidence in an open and transparent planning decision making process. Renaissance Use: Office Available Now STATUS: COMPLETED 99,083ft2 Grade A space 5 storey BREEAM Excellent 1person/86 sq.ft Website: Interchange Use: Office StATUS: completed 180,000 sq.ft Grade A office space BREEAM Very Good 1 person/107 sq.ft Over 400 secure parking spaces 60 cycle park spaces Available Now Ruskin Square Use: Mixed StaTUS: CONSENTED Five new major commercial buildings 1.07million sq.ft Grade A space BREEAM Excellent Workspace for ,000 people 625 new homes new high quality pedestrian environment new entrance into East Croydon station direct from site Website: One Lansdowne Road Use: Mixed StaTUS: consented 269,000 sq.ft Grade A Space 55 storey BREEAM Excellent New Intercontinental hotel New restaurants & public spaces 400 apartments Website: Website:

8 Croydon is poised to become the economic powerhouse in south London Boris Johnson, Mayor of London City AM described Croydon as the new commuter hot spot with enhanced transport links and luxury accommodation that attracts city workers. Croydon has been a fantastic place for us and we would like to be here for a long time, Mike Webb, chairman of Allianz Global Assistance There will be massive growth in Croydon over the next decade, both in terms of sales and population. Peter Cole, chief investment officer for Hammerson Our business plan for investing in Croydon is simple: the public transport is excellent, it is part of Greater London, it has a large number of occupiers, it has a proactive and pragmatic local authority, it has huge retail potential and incumbent investors that will make it happen. Croydon is about to get a lot better. Charles Walford, Director, Stanhope Plc Speak to: Matthew McMillan Inward Investment T: Ext E: matthew.mcmillan@croydon.gov.uk Croydon london