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FIT FOR
THE FUTURE
This involves a keen awareness of industrial strategies across the key sectors that can thrive in this area, and an honest, ongoing appraisal of the area's strengths and weaknesses.
Forecast Investment 2022-2027: £150,000
(primarily grant contributions towards works across the BID area)
Investment to date
This area of our work focusses on longer-term strategic developments that are likely to have an impact on BID members over the next 5-10 years. We have been and will continue to prioritise the following areas:
Havering Council - Influence and shape policies, programmes and investments that affect BID Members, such as the superfast fibre project due to be delivered in 2023, developments associated with Beam Park (housing) and Beam Reach (industrial accommodation) and development of the Future Cube innovation hub to bring digital/technology expertise to Rainham based businesses.
Port of London Authority - River Thames and Waterways Strategy to activate use of the river for freight and passenger transport
Transport for London - Ongoing lobbying for improved public transport connections into the London Riverside BID area
Raise the profile of the area - In collaboration with key stakeholders, promote the area as an ideal location for both new, advanced industry and technology-based businesses and smaller, more traditional firms that provide vital local employment and productivity;
Additional priorities this term
Lobby Havering Council to develop a master plan for Rainham so that there is an ambitious vision for the area based on its strengths and the opportunities that are evolving, including:
- Thames Freeport and Thames Estuary Production Corrdior;
- Growing demand for industrial land, especially for last-mile logistics infrastructure;
- Increasing use of the river and rail for freight;
- Relocation of London's wholesale markets and building of London's largest film studio and media centre nearby
Develop strategies and an evidence base to protect the status of the area as an industrial zone so that business premises are safeguarded and the area continues to provide a broad range of employment and business opportunities;
Lobby Havering Council to invest in meanwhile-use and workshop-style business premises that encourage and nurture entrepreneurialism and economic activity, especially amongst those that are economically insecure or lacking the support to bring their ideas to market;
