GB01 – Torquay Gateway

Torquay Gateway will unlock a key strategic employment site at the gateway to Torquay, creating 23 jobs immediately and lever in a further £5.5M investment leading to a further 135 jobs in the short to medium term.

This project will fund necessary infrastructure on a site that suffers serious engineering constraints making it unviable for development. Torbay Council has already invested £3M to acquire the site and Getting Building Fund funding will enable the necessary work to bring forward employment space, modern business premises, jobs and economic growth.

Getting Building Fund grant enables:

  • Accelerated investment and expansion for one company creating 23 jobs and generating £7.2M for the local economy
  • Accelerated negotiations with a foreign owned company looking to locate their UK headquarters on this site creating up to 70 new high value jobs over 2 phases of investment resulting is a further £5.5M investment
  • A further 1.25 ha of employment space to be developed accommodating up to 2,017 sq. m and creating up to 44 jobs

 

Getting Building Funding: £2m

Completion date: March 2022

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    David Ralph

    Chief Executive

    David Ralph started as Chief Executive of Heart of South West LEP at the beginning of June 2018. Previously, he had spent 5 years as CEO of the Derby, Derbyshire, Nottingham, Nottinghamshire (D2N2) LEP from 2013 where he oversaw the development of the D2N2 Strategic Economic Plan and sector strategies, 3 Growth Deals with HM Government to deliver a £1billion capital investment programme, securing and implementing £200m ESIF programme, the Derby and Nottingham Enterprise Zone, the D2N2 Skills Deal and Time for Innovation programme, community fund and led the executive team to develop the HS2 East Midlands hub. He was also closely involved in the proposed North Midlands Devolution Deal and one of the key architects in establishing the Midlands Engine, chairing the officer steering group. Whilst in this role David was a NED of the Nottingham Enterprise Zone, and Marketing NG, the Outer Estates Foundation and a Governor of Nottingham College and on the advisory Board of Nottingham Business School.

    Before the East Midlands, David was CEO of the Have Gateway Partnership working closely with local stakeholders including the ports of Felixstowe, Harwich and Ipswich and BT Adadastral Park across Suffolk and Essex and prior to that was Chief Exec of the Barton Hill New Deal for Communities programme in Bristol and the Nelm Development Trust in Norwich.

    David is a keen sailor, walker and trail runner.