The Peterborough Evening Telegraph - - Front Page -

RE­GEN­ER­A­TION of Peter­bor­ough city cen­tre could cre­ate 5,000 jobs, see Posh’s London Road ground be­come a “com­mu­nity sta­dium” and the Nene river­side un­dergo a dra­matic re­vamp.

That was the vi­sion out­lined to del­e­gates at a ma­jor con­fer­ence in Peter­bor­ough yes­ter­day to kick­start the eco­nomic growth of the city – which was de­scribed as “punch­ing be­low its weight” – as it emerges from the re­ces­sion.

BUSI­NESS lead­ers were im­pressed by the am­bi­tions of the key play­ers in Peter­bor­ough and in­trigued by the op­por­tu­ni­ties re­vealed at the con­fer­ence.

Eighty pri­vate sec­tor ex­ec­u­tives were present at the event to lis­ten to the nu­mer­ous in­vest­ment op­por­tu­ni­ties hap­pen­ing in Peter­bor­ough in the com­ing years.

One of those Kent-based in­vest­ment com­pany WTG As­so­ci­ates, said it was par­tic­u­larly in­ter­ested in the city’s sta­tus as an En­vi­ron­ment Cap­i­tal, and was pleased to hear the city was look­ing to de­velop this side.

Di­rec­tor Jenny Wood said: “We have peo­ple very in­ter­ested in in­vest­ing in the ed­u­ca­tion and en­vi­ron­ment side of things, so we thought it was fan­tas­tic to hear about the city’s com­mit­ment to be­ing an En­vi­ron­ment Cap­i­tal.

“That said, there was a lot of talk about long-term in­vest­ments in the city, but we’re more in­ter­ested in the short­term and get­ting in­volved.”

Bob de Barr, con­sul­tant for com­me­rial prop­erty de­vel­op­ers Land Se­cu­ri­ties, was in­ter­ested in plans for the re­tail and com­mer­cial sec­tor, but said it needs to be backed up with sound mar­ket­ing.

He said: “The city will need very good mar­ket­ing to make sure the right peo­ple are aware of all these fine phys­i­cal de­vel­op­ments, which will en­able Peter­bor­ough to punch above its weight na­tion­ally.”

Also present was Ham­mer­son, wouldbe de­vel­op­ers of the £450mil­lion North West­gate scheme, and they re-af­firmed their com­mit­ment to the project.

Devel­op­ment man­ager Richard Brown said: “It is an im­por­tant strate­gic site that we have in­vested in and al­though we have not been able to pur­sue its devel­op­ment there will come a time where we can move for­ward.”

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