PDF - Dundee

Compass House, Dundee Waterfront
One City
Many Discoveries
Dundee is a global city, recognised internationally for its
heritage, culture, economic sectors and location.
Positioned on the beautiful banks of the River Tay, Dundee
is a young, educated and cosmopolitan city, offering an
exceptional and affordable location for global business.
DISCOVERY is a word never far from
one’s lips when talking about Dundee
today. It has always been a city full
of life, energy and endeavour but
these days it has transformed itself
into a dynamic, modern city with an
international reputation as a centre for
arts and culture, life sciences and the
creative industries.
‘Waldella’, McManus Galleries
Why Dundee...
A city experiencing one of the UK’s most extensive regeneration projects,
means there is never a better time to invest in Dundee.
A strategic location with excellent communication links and all the facilities
expected of a regional economic and employment centre;
A strong labour pool, including graduate output from three key Scottish
Universities (2 of which are based within the city and St Andrews only 14
miles away), and an extensive scientific community including a skills base
with strong industry links;
A cost-effective location, with low property and staff costs compared to the
other larger cities in Scotland;
Availability of an extensive package of support and assistance, including
access to grant aid (assisted area status).
An attractive lifestyle for staff and their families - with excellent housing,
education and leisure amenities available in Dundee and the
surrounding area
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Dundee’s Infrastructure
Low costs, exceptional travel links and e-connectivity are
just some of the benefits of a Dundee based business…
Strategic Location
Dundee - a regional centre offering a strategic
location positioned on the east coast of Scotland
between Edinburgh’s financial centre, and the
Aberdeen Oil Industry. Dundee offers a catchment
and customer base of over 600,000, and provides
services for the populations of Angus, North East Fife
and Perth and Kinross.
Transportation Links
Situated in the heart of the Scottish motorway network,
the city is well connected to the other major cities in
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Scotland. The city is also serviced by the East Coast
main rail line, which offers sleeper services to London
and frequent connections to the rest of the UK. Dundee
Airport provides direct flights to London via CityJet,
and is currently under assessment as an operating base
for helicopters servicing the Offshore Renewables
Sector. Dundee’s Port is one of Scotland’s most
strategically important and suitable port locations for
marine renewables, and will benefit from a £92 million
investment as part of the Waterfront regeneration.
Dundee University Campus
Communication
Dundee’s businesses have access to the latest digital
technology providing high-speed connectivity,
guaranteeing unrivalled levels of access. This world
class infrastructure has enabled the city’s
entrepreneurs to develop Dundee into one of
Europe’s leading software, games and biotechnology
centres.
Dundee has an advantageous status within the
broadband economy by having the highest average
broadband speeds in the UK (speedtest.net 2011) and
top 6 according to data released by Ofcom stating
the city has over 88% access to superfast broadband.
Commercial Property
Dundee offers a wide range of property options at
competitive rental and purchase prices. The city can
offer serviced development land, and modern
commercial and industrial property on high quality
business parks, industrial estates, as well as on
specialist sites ensuring the best possible range of
solutions for all business types.
A maximum drive time of 20
minutes to travel between points
within the City
The Dundee Waterfront regeneration will also
offer high quality mix-use developments from 2013
onwards, which will include more than 20,000m2 of
commercial space, and 10,000 m2 of modern office
space within a central location.
Direct air service from Dundee to
London City
Situated on the East Coast Rail
line
Uncongested road networks
One hour journey time to
Edinburgh International Airport
Discover
Dundee Waterfront
The £1 billion transformation of Dundee city waterfront,
which encompasses 240 hectares of development land
stretching 8km along the River Tay, is a strategic, focussed
and forward-looking 30 year project (2001-2031) that is
propelling the city to international acclaim and the most
active regeneration project in the UK.
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The River Tay
The new £45 million V&A at Dundee
design museum will be the at heart of
the central waterfront and is due to be
complete in 2015.
Three of the top ten companies in
Scotland have their headquarters in
the city region. Hotels, businesses and
retailers are reaping the rewards of the
ongoing city transformation while
expectant of significant growth potential as
a further 7,000 jobs are created through
the waterfront project and an extra
3 million visitors between 2015 - 2025.
OPPORTUNITIES for developers, investors
and a wide range of business ventures
still exist in what is shaping up to be one
of Western Europe’s most extensive and
transformative waterfront projects and
Scotland’s biggest waterfront regeneration
project.
£1 billion investment
7000 new jobs
240 hectares of development land
3rd most active regeneration project
in the UK (1st in Scotland)
Scotland’s first sustainable community
Top 16 out of 100 Top 100 Regeneration
Projects
Discover
Dundee’s Talent Pool
Dundee’s talent pool is skilled, multicultural and highly
educated...
The Dundee economic region has a growing
knowledge based economy with key strengths in
creative industries, life sciences and education, which
has attracted a new generation of multi-skilled and
exceptionally well qualified professionals to the city.
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The universities and colleges are, in their own right,
major employers in the City employing in excess of
4000 academic and support staff.
The foundation for the growth of these knowledge
based industries lies within the city’s two universities - the
University of Dundee and the University of Abertay
Dundee - as well as Dundee & Angus College, one of
Scotland’s leading technical colleges.
It is estimated that on average 40,000
students study in Dundee each year,
with the city graduating more students
into professions than any other city
in Scotland (per capita).
A campus city, with international appeal, Dundee
is also home to the Al-Maktoum College for Islamic
Studies, through which Dundee forges strong links
with its sister city Dubai.
Dundee has one of the highest student/
population ratios 1:6 (the highest ratio
of Scotland’s 32 Local Authorities).
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Investing in our Future
Generations
In Dundee we are committed to supporting
future generations through The Discover
Opportunities Employer Pledge - the vision
that employers in the city from all sectors
will work together to maximise employment
and training opportunities for young people
and adults in Dundee. It is our ambition that
by working in partnership we can maximise the
life chances of our young people and adults,
support business growth and develop Dundee’s
economy.
Student Welder, Dundee & Angus College
Research income into the
University of Dundee averages
£59m per annum
Dundee was recognised as one
of the top seven most intelligent
communities in the world in
2010
The University of Abertay,
Dundee offers world-leading
courses in Computer Arts and
Computer Games Technology
Discover
Dundee’s Key
Economic Strengths
The following sectors have been identified as being
crucial to the growth, competitiveness, diversity and
strength of Dundee’s economic region and have benefited
from significant investment through partnership activities.
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Renewables Renewable energy is an important part of
the future for Dundee and the broader local economy, encompassing
wind, marine and hydro energy, as well as bio, solar and geothermal
energy. There are a growing number of businesses in Dundee
who are either currently involved or are seeking to engage in the
renewable sector.
Life Sciences Dundee has a global reputation as
Retail Dundee is a leading shopping destination and north
east Scotland’s key centre for retail, offering a complementary
mix of national chains, independent retailers and boutique
galleries all within a compact and accessible city.
Digital Media World class digital media companies are
Tourism Dundee is an ideal short break and conference
Contact Centres Dundee’s success in contact
and financial services is down to its strategic location, excellent
communication links, a strong labour pool including graduate
output from three key Scottish Universities and a cost effective
location, with low property and staff costs.
destination offering an eclectic mix of accommodation from
hostels to contemporary hotels, bars and restaurants and
unique venues to five star visitor attractions.
a world leading centre for life sciences, housing some of the
world’s most exciting scientists, innovative companies and
leading research institutions all within a 3-mile radius.
investing and growing in Dundee. As one of Europe’s foremost
gaming hubs, Dundee is an international centre of excellence in
digital media.
Discover
Dundee’s Lifestyle
and Culture
Dundee is a city with much to discover with its vibrant art
scene, a diverse array of attractions and a lively nightlife,
making it an all round city to work and play.
Lifestyle
Dundee offers an exceptional quality of life with the
availability of good quality, affordable housing,
excellent education and healthcare facilities, and
access to a comprehensive range of sporting and
leisure facilities. Dundee’s position offers an excellent
gateway to the Angus & Perthshire glens, with excellent
walking trails in the summer and snow sports in the
winter. With an abundance of green space and blue
flag beaches, Dundee can offer residents and visitors
a city lifestyle with a relaxing country feel.
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Culture
Dundee’s artistic and cultural renaissance is
progressing hand in hand with its economic
regeneration. They city’s traditions in literature, drama
and art have flourished with the advent of the hugely
successful Dundee Contemporary Arts centre (DCA)
and Dundee Rep Theatre. These institutions and a thriving
music scene, have contributed greatly to a renewed
energy and vibrancy in the city’s cultural life. The city’s
growing centre offers a range of eateries, boutique
galleries and visitor attractions which reflect the
international influence within the city.
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Dundee - City of Culture
Dundee is the only Scottish candidate
in the running for the UK City of
Culture title for 2017.
Dundee’s West End is ranked
number 5 as the best for culture by
Sunday Times (2013).
House prices in Dundee are currently
21% below the Scottish average,
with houses in Dundee, on average,
selling at £123,752, in comparison to
the Scottish average of £156,419
(Ref: Registers of Scotland Residential
Property 2012/2013).
Only city in the UK with a
full-time ensemble of actors
Dundee is a 1hr 30 mins drive
from one of Scotland’s premier
ski locations, Glenshee
Dundee is at the heart of one of
the most fertile golfing regions
in the world, with St Andrews,
Carnoustie and Gleneagles all
within 30 minutes drive time
Home to the National
Contemporary Dance Company
Discover
Our Services
The Business Development Team offers a range of services to help any
business understand the opportunities that exist in Dundee.
We have established a number of sector initiatives to help and support
businesses residing in the Dundee economic region, to ensure our city
continues to thrive and grow.
A wide range of expertise and
knowledge of the local sectors
Access to sector networks and
relevant business events
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Working with partners, we can provide
information on commercial property
available throughout the city region
Information on new developments and
planning proposals
An in depth market knowledge and
can offer a comprehensive list of
contacts through our business
directories
Assist with introductions to key
individuals and companies in response
to your business strategy
Access to up to date information
and data on all leading sectors
Provide information on potential
financial assistance
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To find out what Dundee can offer your business, please contact:
Mr Stan Ure
Head of Economic Projects
City Development Department
50 North Lindsay Street
Dundee
DD1 1QE
Tel: +44 (0)1382 43424134
Email: contact@locate-dundee.co.uk
Web: www.locate-dundee.co.uk
This document was produced by Dundee City Council’s Business Development Team. It can be translated into any
language required, and we can also translate into Braille, large print and various other ITS formats on request.
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