Evening Telegraph (First Edition)
Showcasing Waterfront to the rest of the world
WATERFRONT chiefs are set to launch an ambitious document that will sell the £1 billion development to the rest of the world.
The 16-page publication, which will be showcased at roadshows in Glasgow and Aberdeen, is targeted at potential investors looking to build on vacant sites in the area.
It sells the Waterfront project as a “unique opportunity” for entrepreneurs, boasting of Dundee’s connectivity to other major cities in Scotland and its growing creative, energy and tourism industries.
The report also claims the city has lower living and business costs than other areas of Scotland.
It suggests rent, utilities, public transport and even the average cost of a pint are much lower than elsewhere.
A pint costs £2.92 in Dundee, compared with £4.02 in Glasgow and £4.63 in Edinburgh.
Alison Henderson, chief executive of Dundee and Angus Chamber of Commerce, said the roadshows — and the report — were part of a continuing push to encourage investment in the Waterfront area.
She said: “The partners in the Waterfront development have been pushing for a good number of years but it’s a good time to do so now, with the train station, the V&A, and plots six and two in planning.
“It’s targeted at investors as it needs to attract people with money who want to build on the sites. From then, businesses can come into those properties.
“But until we have people putting up cranes and starting to build, we’re at that stage where we need firms and investors to come in.
“However, we’re now at the stage where, rather than just showing people diagrams of how things could look, we can show people existing investment like the train station, which already has a hotel inside and is spoken for. Being able to show what’s already built gives a good sense of what’s possible.” Allan Watt, Dundee Waterfront project director, said: “The new investors pack showcases the city and Waterfront to a global audience. “We have one of the most exciting investment propositions in Europe, and it is important we share that opportunity as widely as possible.” Allan Watt