The Partnership for Urban South Hampshire (PUSH), and its wider family of partners, are ready to help potential investors with enquiries of whatever nature as the sub-region looks to build on its track record of success in the globally competitive markets in which it operates.
PUSH has a very clear vision to make South Hampshire a place where conditions are right for business (re)location, creation, innovation and growth. South Hampshire has all the key ingredients to make this happen. Under its current economic development stratregy, by 2026, it is set to achieve annual economic growth rate of 3.5%, generate 59,000 net additional jobs, and build 2 million square metres of commercial floorspace and 80,000 new homes. These targets are under review in the light of the impacts of the recession.
The area is widely recognised for its clusters in aerospace, defence, marine, automotive and business services. It is the home of a number of world class, knowledge-driven companies such as EADS Astrium, BVT, IBM UK, Pall Europe, Siemens Roke Manor and Lockheed Martin, not to mention one of the major financial centres in the whole of the south of England with access to the regional head offices of all the major banks, accountancy and law firms. Sean Muskett, Head of Corporate Affairs at Skandia, says:
"We have been based in Southampton since we started 30 years ago and now have over 1,600 employees operating each day from three locations in the city. The majority of our staff live in South Hampshire, and not only have we been able to attract great people, but they benefit from living and working in a great location and we are proud to be here."
The Port of Southampton handles in excess of 42 million tonnes of cargo annually and is the main gateway for Far East imports to the UK. Southampton is also the ‘Cruise Capital’ of the UK and northern Europe, with approximately one million passengers per year passing through the city, on ships such as the Queen Victoria, Queen Mary 2, and from 2010 the Queen Elizabeth. Portsmouth Ferry Port is the UK’s premier roll-on roll-off port for the western channel and is a great destination from which to reach Continental Europe as a passenger.
South Hampshire has excellent road connectivity to London and the Midlands and beyond, good rail links to the whole of the UK, and a thriving international airport at Southampton. We also have good proximity to Heathrow and Gatwick, and more international capacity at Bournemouth, 45 minutes away.
The Universities in South Hampshire (Southampton, Portsmouth, Southampton Solent and Winchester) offer unparalled access to research and teaching for around 60,000 undergraduate and postgraduate students. The University of Southampton is ranked in the top 10 UK research universities, and with the National Oceanography Centre, has world-class specialities in marine , engineering, chemistry, law and medicine. The University of Portsmouth is notable for its expertise in rapid prototyping, satellite technology and digital media and creative industries, with enterprise education underpinning its undergraduate teachings. There are complementary offers in business, law, the marine sector, media, film and the creative arts at Solent and Winchester.
The skills pool is deep with world class skills available in such as sectors as marine, aerospace, defence, ICT, digital and creative industries, logistics, healthcare, financial and professional services, leisure, retail and tourism. PUSH is looking to develop these and other emerging sectors such as cleantech or environmental technologies and services through comparison with global competitors.
From a recreational point of view, South Hampshire offers a quality of life second to none. Regionally renowned shopping offers are to be found at the WestQuay Shopping Centre; Southampton, and Gunwharf Quays; Portsmouth. There are numerous national and internationally designated wildlife sites and habitats across the area, as well as two national parks – the New Forest and the South Downs National Parks. The Solent,world famous for ocean racing, is perfect for sailing and watersports, as well as being the home of the annual Boat Show. Other cultural assets include the regionally important Mayflower Theatre, which attracts West End shows from London, the Art Gallery at Southampton, the Rose Bowl (home of Hampshire cricket), two football clubs (Portsmouth and Southampton), Winchester Cathedral and the Portsmouth Historic Dockyard, which is the home of Henry VIII’s Mary Rose and Nelson’s Victory.
On the ground, South Hampshire has a fantastic range of commercial property, including business and sciences parks, high end office space, warehousing, incubation and start-up space. Premises can be found in locations such as the Solent Business Park and the Segensworth Employment Area at Junction 9 of the M27 at Fareham, the Southampton Science Park at Chilworth, and 1000 Lakeside at Portsmouth North Harbour. However, rather than resting on its laurels, PUSH is committed to increasing this by 2 million square metres by 2026. This will be achieved through a cities and town-centres first approach with key developments such as Woolston in Southampton, Tipner in Portsmouth and Eastleigh RiverSide, but also through the development of greenfield sites as at Dunsbury Hill Farm (near Havant) and the Strategic Development Area at Fareham, that will create a new settlement of up to 6,000 houses,with associated major business opportunities.
Just off the M27 junction 5, Eastleigh River Side is potentially one of the largest economic development sites in South East England at over 100 hectares with close proximity to transport connections through the road and rail networks and the adjoining Southampton Airport. There is great potential for redevelopment particularly for growth sectors, while possible links to research and development with the Higher Education sector are being actively explored. It is estimated that up to 3,000 net new jobs will be created on site.
Adjacent to Junction 3 of the A3(M) is a 13 hectare development area identified to develop a large employment scheme. The proposal is to develop a ‘state of the art’ employment scheme which will enhance further, the economic prosperity of South Hampshire. The development, formerly known as Dunsbury Hill Farm will create a high quality business and technology park of regional significance. Access to the development will be further improved when the Hindhead Tunnel is completed in 2011.
Business support to potential investors is provided by Portsmouth and Southampton. Invest in Portsmouth (representing Portsmouth, Fareham, Gosport and Havant) and Invest in Southampton (representing Southampton, Eastleigh, New Forest, Test Valley and Winchester) have come together to provide a free joined-up property search engine of available commercial property and land in South Hampshire. Searches can be done on location, size and business use to ensure the right property is found at www.invest-in-portsmouth.co.uk and www.invest-in-southampton.co.uk.
We believe the future for South Hampshire is bright. We want to see it become a world-class sub-region which compares favourably with its international peers in Europe, the USA, Asia and elsewhere. In order to do that PUSH and our partners must attract more domestic and foreign investment, develop and strengthen our globally competitive companies whilst at the same time enriching the skills of our people.
We are confident that PUSH has the vision to do this and we look forward to welcoming you in South Hampshire soon as investors, employers and partners.