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One Year on Airedale Corridors Airedale Corridors The Masterplan One Year On

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Page 1: Airedale One Year On One Year On.pdf · • The average house price in Airedale stands at £146,000 which is consistent with house prices across the region and represents value for

One Year onAiredale Corridors

Airedale CorridorsThe Masterplan One Year On

Page 2: Airedale One Year On One Year On.pdf · • The average house price in Airedale stands at £146,000 which is consistent with house prices across the region and represents value for

One Year onAiredale Corridors

Airedale

The launch of the Airedale Masterplan in March 2005 triggered a £2bn regeneration programme that will shape the Valley and position it as a key economic component of the city region.

Progress to date has been exhilarating with the document embedded in strategic planning, transport and economic strategies and policy at regional and city region level. Property markets are rising fast in all sectors encouraging new residents to settle and businesses to invest in Airedale. Funding from Yorkshire Forward, Central Government and other bodies has been secured and is already being invested in strategic projects.

The concepts of Rural Backdrop and the Creative, Connected and Lifestyle Corridors established themes for investment and provides a framework that allows everyone to take a stake in the regeneration of Airedale. This integrated process has caught the imaginations of many different and infl uential organisations

including British Waterways, Yorkshire Water, Network Rail, Metro, Airedale Hospital and local businesses.

Masterplan

Vibrant town centres are attracting people to Airedale and providing local amenities for residents

Towpath restoration along the Leeds & Liverpool Canal at Saltaire is an example of infrastructure improvements enhancing the environment

Page 3: Airedale One Year On One Year On.pdf · • The average house price in Airedale stands at £146,000 which is consistent with house prices across the region and represents value for

One Year onAiredale Corridors

Embeddingthe Strategy

Work has gone on behind the scenes embedding the strategy into regional policy that gives the Masterplan credibility and a basis for co-ordination and leverage of investment and action.

• At a regional planning level Airedale has been identifi ed as a priority location for employment and regeneration. The individual towns of Keighley, Bingley and Shipley are sustainable locations for new jobs and housing that will support the city region.

• Pivotal to the Airedale Masterplan was the area’s role as a hub for commercial research and development. This role has been supported strongly by Yorkshire Forward through the development of the Advanced Digital Institute. The Regional Economic Strategy sets out a clear agenda for the Bradford District where Airedale is identifi ed as a priority.

• A new transport vision for the city region has emerged based on an integrated set of transport outcomes and priorities. This is developing into a transport investment plan that will determine expenditure on key projects over the next few years. Key projects that have emerged form the Airedale Masterplan including the dualling of Hard Ings, Shipley Interchange and Shipley Eastern Link Road and the Leeds Bradford International Airport rail link.

SOUT H Y OR K SHIR E SUB A R EA

YOR K SUB A R EA

LEEDS

HALIFAX

BRADFORD

KEIGHLEY

SKIPTON

HARROGATE

WETHERBY

HUDDERSFIELD

DEWSBURY

SELBY

CASTLEFORD

WAKEFIELD

BARNSLEY

YORKILKLEY

BATLEY

BRIGHOUSEPONTEFRACT

KNARESBOROUGH

HOLMFIRTH

DEVELOPMENT PATTERNSArea of Regeneration Opportunity

Regeneration / InvestmentOpportunities of Sub AreaSignificance:

Airedale

Bradford/Leeds

Coalfields

Aire Valley south/east of Leeds

South Dewsbury

Area of High Quality Environment

SETTLEMENTS

Regional Centre

Sub Regional Centre

Principal Service Centre

Emerging Housing MarketRenewal Strategy Main AreaMain Linkages

TRANSPORT

East Coast Mainline Railway

Local Connection Priorities

Other Strategic Rail Links

Inland Navigation

The Regional Spatial Strategy recognises the important role of Airedale in the city region as a centre for commercial research and development

Adjacent to the new A650 Bingley Relief Road, the Britannia Wharfe residential development is symbolic of urban renewal in Airedale

The refurbished Tower Mill at Dalton Mills in Keighley provides new business space for the creative community

DEVELOPMENT PATTERNSArea of Regeneration Opportunity

Regeneration / InvestmentOpportunities of Sub AreaSignificance:

Airedale

Bradford/Leeds

Coalfields

Aire Valley south/east of Leeds

South Dewsbury

Area of High Quality Environment

SETTLEMENTS

Regional Centre

Sub Regional Centre

Principal Service Centre

Emerging Housing MarketRenewal Strategy Main AreaMain Linkages

TRANSPORT

East Coast Mainline Railway

Local Connection Priorities

Other Strategic Rail Links

Inland Navigation

Page 4: Airedale One Year On One Year On.pdf · • The average house price in Airedale stands at £146,000 which is consistent with house prices across the region and represents value for

One Year onAiredale Corridors

The private sector is critical to the delivery of the Masterplan.Partnership with the private sector is vital to delivering the quality and scale of regeneration underpinned by strong market demand that generates confi dence.

• The desire to purchase property for business is still strong but there is also an emerging offi ce rental market where rents have now risen to £16 per ft2. A new offi ce development at Aire Valley Business Park in Bingley has been taken up prior to completion, clearly demonstrating strong market demand for high quality new offi ce accommodation.

• Keighley has a strengthening retail presence and commands rents of £80 per ft² higher than many typical UK market towns. New developments in Shipley and Bingley are typically mixed use schemes with cross-subsidy between residential developments and retail units.

• Demand for industrial accommodation is strong with businesses relocating to new and improved premises. High-tech manufacturing and precision engineering remains strong, particularly around Keighley.

West Yorkshire Police relocated to Airedale House in Keighley, channelling public investment into Airedale

MarketsMoving

Aire Valley Business Park has provided new offi ce space which has been taken up before completion

Page 5: Airedale One Year On One Year On.pdf · • The average house price in Airedale stands at £146,000 which is consistent with house prices across the region and represents value for

One Year onAiredale Corridors

New waterside residential development is proving popular throughout Airedale such as Britannia Wharf in Bingley

Yo Yo Cafe Bar Restaurant has recently opened in Shipley, extending its restaurant cluster

• There is over £500m of private sector investment in new residential schemes currently being delivered or in the pipeline in the form of new apartments, mill conversions, family housing, residential care and key worker accommodation.

• The average house price in Airedale stands at £146,000 which is consistent with house prices across the region and represents value for money across a range of accommodation types.

• The increase in house prices in Airedale, a 41% rise since the inception of the Masterplan in 2003, is greater than its prosperous neighbour, Wharfedale. Airedale is becoming recognised as a highly desirable residential location and an excellent opportunity for investment.

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10

20

30

40

50

Aireda

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Wha

rfeda

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Pric

e in

crea

se (%

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41%

25%

House Price Increase Since Inception of Airedale Masterplan in (2003-2006)

Page 6: Airedale One Year On One Year On.pdf · • The average house price in Airedale stands at £146,000 which is consistent with house prices across the region and represents value for

One Year onAiredale Corridors

Rural Backdrop

• Yorkshire Water’s £65m investment in Esholt Treatment Works as part of the Freshwater Fisheries Directive will clean the River Aire to even higher standards. Planned investment in ‘fi sh passes’ by the Environment Agency will bring further benefi ts.

• The feasibility study into the re-opening of the Bradford Canal has been completed. Signifi cant support has been achieved for this £50m project from the public and private sector. It is set to attract up to £1bn of investment between Shipley and Bradford city centre.

• Bradford Council has been recognised as a Beacon Authority for its provision of rural services, which meet the needs of the complex network of towns and villages throughout Airedale

Creative Corridor

• One of the largest employers in the valley, Airedale NHS Trust is building on its enviable record as best small hospital in the UK and establishing a new centre of excellence where it will pioneer new effi cient ways of working and establish greater links with the surrounding economy.

• Bingley Grammar School has been awarded specialist status as a business and enterprise college and is forging links with the developers of the future Bingley Technology Park on the former auction market site opposite.

• The Tower Mill at Dalton Mills has been refurbished for new high quality business space at the heart of a new £24m mixed use scheme preserving and enhancing the heritage of the complex.

CorridorsUpdate

Re-opening of Bradford Canal will provide a rural corridor of regeneration in an urban context between Shipley and Bradford city centre

Links between Bingley Grammar School and the future Bingley Technology Park will offer unique creative opportunities for Airedale

Page 7: Airedale One Year On One Year On.pdf · • The average house price in Airedale stands at £146,000 which is consistent with house prices across the region and represents value for

One Year onAiredale Corridors

Connected Corridor

• The Quality Bus Corridor between Keighley and Bradford is in place with further improvements planned to the bus stops and services.

• The transformation of Leeds Bradford International Airport is underway with signifi cant airport infrastructure improvements as part of a £30m investment programme along with new offi ce and hotel developments.

• The £60m A650 Bingley Relief Road has benefi ted Bingley. It has also opened up the northern end of the valley, in particular Keighley, for economic development.

Lifestyle Corridor

• Scaffolding around the town centres of Shipley, Bingley and Keighley are a sign of the rapid growth in popularity of town centre living.

• The exciting £60m Grove Mills mixed-use development is a fi rst for Keighley supplying family homes, apartments, offi ce space and a gymnasium as part of a new lifestyle concept for the town.

• Refurbishment of Bingley Five Rise Locks represents investment in development of one of the prime tourist attractions of Airedale. It follows on from the restoration of Dowley Gap Aqueduct on the Leeds & Liverpool Canal.

Leeds Bradford International Airport has undertaken signifi cant investment in infrastructure to support its expanding international fl ight operations

Grove Mills in Ingrow is an exciting mixed use redevelopment on the outskirts of Keighley providing a new lifestyle concept in Airedale

Page 8: Airedale One Year On One Year On.pdf · • The average house price in Airedale stands at £146,000 which is consistent with house prices across the region and represents value for

One Year onAiredale Corridors

Advanced Digital Institute

With a strengthening market for digital products and services the economy of Airedale is set for expansion. A Chief Executive of the Advanced Digital Institute (ADI) has been appointed and recruitment of design engineers is underway for this centre of excellence in commercial research and development. The ADI is already attracting the highest quality staff from around the world and will be a catalyst for the strengthening of existing companies and growing new businesses in the future.

North Street Keighley College Site

The existing North Street Keighley College site has been purchased by Yorkshire Forward and Bradford Council to facilitate the move of the College and secure the existing site for future development. Feasibility studies will be undertaken in 2007 to examine the opportunities for its redevelopment as a hotel, specialist retail and residential complex. This site at the heart of Keighley will rejuvenate the existing retail environment and transform the image and identity of the town.

Bingley Technology Park

The former Bingley Auction Market, Coolgardie Farm, and existing Castlefi elds Industrial Estate form a 40-acre opportunity for a high-tech business park. The sites are supported by excellent road and rail access and enjoy a thriving market town setting and proximity to the excellent specialist business and enterprise college in Bingley Grammar School opposite. It is the optimum location for new business in the valley. The owners of these sites are now preparing plans for how they might jointly drive the economy of Airedale.

ProjectsUnderway

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The new ‘Don’t Tell Titus’ restaurant in Saltaire reinforces the Lifestyle Corridor in Airedale

Page 9: Airedale One Year On One Year On.pdf · • The average house price in Airedale stands at £146,000 which is consistent with house prices across the region and represents value for

One Year onAiredale Corridors

Keighley Railway Station

Funding for a scoping study for station refurbishment has been secured and is to be undertaken in Autumn 2006. This study will look to optimise the relationships with the Keighley and Worth Valley Railway and engage with new developments surrounding the site. The delivery of a new gateway to Keighley will attract the town’s new residents and reinforce the town’s position as a desirable commuter destination.

Shipley Eastern Link Road and Shipley Interchange

Preliminary road options and designs for the Shipley Eastern Link Road are being considered in conjunction with improvements to Canal Road. Coupled with the reopening of the Bradford Canal, land is released to regenerate Shipley Station as a new state-of-the-art transport interchange. Shipley is a signifi cant transport hub for the city region, as shown in the Transport Vision, reinforcing its case for investment.

Airedale One Year On

Airedale one year on from the launch of the Masterplan has made enormous progress, but much remains to be done. Support for pioneering developers and investors is essential in the form of infrastructure development and town centre renewal. The outlook for Airedale remains extremely positive.

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Waterloo Mill in Silsden is a new waterside residential development renewing Airedale’s distinctive character

Page 10: Airedale One Year On One Year On.pdf · • The average house price in Airedale stands at £146,000 which is consistent with house prices across the region and represents value for

One Year onAiredale Corridors

For further information or a copy of the full Masterplan:

Tel: 01535 618095www.airedalepartnership.org