Published on 23rd August 2019
Cheltenham Borough Council has today announced its £37.5m acquisition of 45-hectares of prime development land.
The acquistion of land in the west of Cheltenham marks a significant step in bringing to life the town’s Cyber Central plan.
Developed in partnership with Tewkesbury Borough Council, Gloucestershire County Council and GFirst LEP, Cyber Central will include Cheltenham’s Cyber Innovation Centre which was announced in the Government’s Spending Review in 2015. Centrally located, to the west of Cheltenham in the UK Cyber Arc, it will enable barrier-free knowledge-sharing and collaboration between industry, academia, government and the local community.
The scheme is a critical part of a larger 132-hectare plan for the west of Cheltenham which will become a pioneering new Garden Village community, built with the natural environment and sustainability at its heart.
By purchasing the land, the council becomes a major landowner of the Cyber Central development. This gives it greater control to ensure the project achieves its full potential as a world-leading community for cyber technology. The acquisition supports its corporate strategy to invest in delivering long-term social and economic benefits for the town.
Cllr Andrew McKinlay, cabinet member for development and safety at Cheltenham Borough Council, said: “Cyber Central is an ambitious plan for Cheltenham that builds on the area’s specialist expertise in cyber technology. Its aim is to fuel the growth of skills, jobs and local businesses, contributing to a healthy economy and supporting thriving communities in which to live and work.
“This project is of huge local, regional and national significance, it’s much more than just another business park. That’s why acquiring the land is seen as a critical step taken by the council in ensuring that, together with the support of our project partners, we get the very best from the development. This is a key stage in an exciting story that will unfold over the months and years to come, as we prepare for the future, become a magnet for the county and support thriving communities and flourishing businesses.”
Mike Dawson, Chief Executive Officer at Tewkesbury Borough Council, added: “This an important joint project in Cheltenham and Tewkesbury Boroughs. Together, the two councils are working closely to deliver this new and very exciting Garden Community at West Cheltenham, providing fantastic cyber business and employment opportunities and an integrated, top quality smart living space for new homes to meet the needs of our future communities."
Alex Chalk MP for Cheltenham said: ''I have been passionate about investing in a cyber park for Cheltenham because it has the potential to generate life-changing opportunities for young people from all backgrounds in this growing, high-skill, sector. It will also help secure Cheltenham’s economic future. After £22m was pledged by central Government to back the vision, this latest investment is a really positive step forward.''
- Map of Cyber Central site
- Drone footage of Cyber Central site location is available via the following links:
For more information contact Cheltenham Borough Council Communications Team on 01242 264 332 or email email@example.com