Busi­ness site gives £365m boost to the area

Lennox Herald - - LIFESAVER - Jenny Foulds

A project launched 10 years ago to re­gen­er­ate a for­mer Dum­bar­ton whisky bot­tling plant has brought an in­cred­i­ble £365mil­lion to the lo­cal econ­omy.

A new in­de­pen­dent eco­nomic im­pact as­sess­ment also re­veals that 718 full-time jobs have been cre­ated as a re­sult of the re­gen­er­a­tion of Lomondgate.

And pri­vate sec­tor in­vest­ment is now more than £100m, smash­ing the £60m tar­get set in 2007.

Ac­cord­ing to the re­port by con­sul­tants Peter Brett As­so­ci­ates, Lomondgate busi­nesses – Ag­greko, BBC Scot­land, Euro Garages, Ja­conelli’s andWhit­bread – and hous­ing devel­op­ers have in­vested a to­tal of £106m bring­ing a £365m cash boost to the area.

The site used to be home to the for­mer J&B whisky bot­tling plant, with Strath­leven Re­gen­er­a­tion CIC and Walker Group (Scot­land) Ltd tasked with se­cur­ing in­vest­ment there.

Strath­leven Re­gen­er­a­tion chair­man, Bruce Mal­colm said:“These re­sults – which have been achieved in chal­leng­ing con­di­tions and with­out

Pic­ture: Turkey Red Me­dia pub­lic fund­ing – show that Lomondgate has pro­gressed from a re­gen­er­a­tion ini­tia­tive to be­come a vi­brant com­mu­nity, suc­cess­ful busi­ness lo­ca­tion and nat­u­ral gate­way to Loch Lomond and theTrossachs Na­tional Park.

“Se­cur­ing over £100m of in­vest­ment in such dif­fi­cult con­di­tions is tes­ta­ment to the ef­fec­tive­ness of our part­ner­ship with­Walker Group and the strength of the lo­ca­tion.”

Key devel­op­ments that have taken place at the 120-acre site over the past year in­clude the dou­bling in size of its Pre­mier Inn and plan­ning per­mis­sion forTay­lorWim­pey to build a fur­ther 58 houses.

Dum­bar­ton MSP Jackie Bail­lie said: “Lomondgate is one of Scot­land’s most am­bi­tious re­gen­er­a­tion projects and this re­port con­firms that it is a real suc­cess story.

“Creat­ing new jobs and good-qual­ity hous­ing are cru­cial to get­ting our econ­omy back on track.”

Leader ofWest Dun­bar­ton­shire Coun­cil Jonathan McColl added:“This coun­cil is de­ter­mined to show busi­nesses big and small thatWest Dun­bar­ton­shire is a place where they can be con­fi­dent lo­cat­ing their op­er­a­tions.

“We are well po­si­tioned close to vi­tal links to ma­jor road, air, rail and sea trans­port net­works and we are very much open for busi­nesses.”

Land­mark An aerial shot of Lomondgate

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