CITY CENTRE
EDGE OF TOWN
OUT OF TOWN
OXFORD-CAMBRIDGE ARC
EXISTING
CORRIDORS
Select a location to see a summary of the strengths, weaknesses, potential and constrains of the different types of location for both commercial and residential sectors
City Centre
STRENGTHS
Weaknesses
Potential
Contraints
/ Existing core of stock to add to/redevelop
/ Prestige and existing high quality environment
/ Premium rental and land values for both sectors (in terms of viability)
/ Limited development opportunities
/ High rental and land values (in terms of occupancy costs)
/ Congestion
/ Re-development potential
/ Strong demand for good quality product
/ Change of use (e.g. retail to residential)
/ Improved transport infrastructure
/ Development constraints
/ Competition from alternative use classes (e.g. leisure)
STRENGTHS
Weaknesses
Potential
Contraints
/ More readily available brownfield development opportunities
/ Cheaper capital and rental values than city centre
/ Proximity to city centre locations
/ Limited public transport in some locations
/ Changing working patterns may affect active demand levels
/ Less congested
/ Cheaper rental and land values
/ Proximity to rail links/connections
/ Potential new public transport links e.g. guided busways, metro etc.
/ Accessibility issues if poor public transport links
Edge of Town
STRENGTHS
Weaknesses
Potential
Contraints
/ More readily available and large-scale development opportunities
/ Cheaper capital and rental values than both city centre and edge of town locations
/ Lack of public transport in many locations
/ Specific high-profile schemes evident although generally a lower profile
/ Cheaper rental and land values
/ Proximity to rail links/connections
/ Potential new public transport links e.g. guided busways, metro etc.
/ Possibility of place making to deliver and forge high profile schemes
/ Accessibility issues if limited public transport
/ Higher developer risk as lower current rental and capital values
/ Green Belt limitations
OUT OF TOWN
STRENGTHS
Weaknesses
Potential
Contraints
/ Lower land values between the main economic centres
/ Land already allocated for residential development
/ Poor existing connectivity between locations within the Arc, by both rail and road
/ No clear cohesive development strategy
/ Lack of proximity to key Arc locations
/ Establish and build a global brand
/ New proposed transport infrastructure to develop and expand new large-scale residential locations e.g. Cambourne
/ Opportunities to develop at locations with good north-south as well as east-west rail links
/ Lack of cohesive strategy for profile or development
/ Eligibility of future funding
/ Uncertainty over the delivery of the rail and road link
/ Potentially less desirable locations than existing urban centres
OXFORD-CAMBRIDGE ARC
STRENGTHS
Weaknesses
Potential
Contraints
/ Access to a large and highly skilled workforce
/ Good connectivity to UK motorway network
/ Functioning existing road network
/ Established markets and profile
/ Strong logistics market
/ Markets operating with limited synergy with other neighbouring centres
/ Rail links are currently not adequate
/ Major conurbations from which to draw skilled workforce
/ Opportunities for residential development along the corridors
/ Competitive pricing
/ Thriving logistics market
/ Potential improvements existing rail links
/ Congestion
/ Change of working patterns affecting demand for office space
EXISTING CORRIDORS