A 21st Century New Town vision - the 'Stem City' of the future - Stevenage 75th anniversary magazine | biz4Biz - Magazine - Page 23
A 21st Century New Town vision - the 'Stem City' of the future
A 21st Century New Town vision –
the ‘STEM City’ of the future
As the UK’s first New Town, Stevenage was founded on innovation, with a pioneering approach that
set a blueprint for building new communities across the UK and Europe. Our vision is to build on
our New Town values and unlock growth in some of the UK’s cutting-edge sectors, in a way which
promotes and delivers opportunities for local people.
The Future Vision
for Stevenage
Reflecting and
Re-interpreting
our New Town
heritage
for future
generations
Embracing
sustainable
travel to maximise
the benefits of our
strategic location and
link our communities
with jobs and leisure
STEVENAGE
A 21ST CENTURY
NEW TOWN
Transforming our
Town Centre as a key
place of opportunity
and integration for
business, residents and
visitors
Supercharging
the growth of
our national and
international
business base
Upskilling
and providing
opportunities for
all our people
to benefit from
innovation &
growth
What does this mean for me?
Local Outcomes
Regional / National Outcomes
9 Diversifying the town’s retail offer
9 Stevenage – the heart of the UK’s Bioscience and Life Science
capabilities
9 Delivering new employment space
9 Radically enhancing public realm
9 Building an evening economy
9 Creating footfall and activity boosting post-Covid recovery
9 Unlocking infrastructure
9 Enabling private sector investment
9 Establishing a gateway for international business and visitors
9 Securing new locations for high value business, innovation and
incubation space
9 Creating connections between jobs, skills and people
9 Delivering critical mass at a key interface point between Bioscience
cluster and town centre
9 Providing for skills infrastructure
9 Transforming Stevenage’s image
9 Designation by the DIT as a High Opportunity Area for Cell & Gene
Therapy
9 Identified by the Government as one of six Life Science Opportunity
Zones (2019) and centre stage in the Government’s two Life Science
Sector Deals (2018)
9 Stevenage – responsible for 7% of the global Cell & Gene therapy
market, 27% of Europe. Unique opportunity for Stevenage to grow
its global market share further and benefit from projected growth of
CAGR 30% by 2025, worth an estimated £750m p.a to Stevenage’s
economy, and up to 5,000 jobs at a wide range of levels and access
points.
9 Unrivalled opportunity for the Towns Fund to support this strategic
potential for UK plc
9 Boost regional economic recovery from the impact of Covid-19.
9 Levelling-up skills and employment for local people
9 Restore and celebrate the county's first New Town as a place of
hope and aspiration.
9 Improved sustainability of transport network
9 Deliver the Government's clean growth and levelling up agendas.
9 An arts and culture offer that is accessible and attractive
9 Deliver clear pathways to employment for young people