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Maximising the Impact of Borders Railway Sam Smith

Discover the ambitious vision and collaborative efforts driving economic regeneration and tourism development along the Borders Railway. Partnerships, investments, and early results showcase the significant growth and potential of this strategic initiative.

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Maximising the Impact of Borders Railway Sam Smith

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  1. Maximising the Impact of Borders Railway Sam Smith

  2. Setting the Scene Blueprint Leaders Group The Vision: • Ambition • National & International Significance • Impact • Balance • Consensus

  3. The Partners Commitment: “We will work together to realise our ambition - great places for working, investing, living, learning & visiting.” • The Scottish Government • Scottish Enterprise • Transport Scotland • VisitScotland • ScotRail Alliance • Scottish Borders Council • Midlothian Council • City of Edinburgh Council

  4. What Are We Delivering? • Economic regeneration along the line • Three themes – Great Locations for Working & Investing, Great Communities for Living & Learning, Great Destinations to Visit • £10 million pledged from the Scottish Government – match funded by partners and private sector • Resulting in £29 million investment commitment to date • National agency and local authority coordinated support

  5. Borders Railway – Edinburgh to Tweedbank

  6. Working and Investing • Inward Investment Prospectus: www.BordersRailwayProspectus.com • Joint city region inward investment response • Business Incubator Network Feasibility Study • Central Borders Innovation Park • Hotel Market Assessment • ScotRail Borders Railway Development Executive

  7. Living and Learning • Integrated transport at station hubs • Borders Railway Corridor Development Masterplans • Tweedbank Customer Hub • ‘Track 2 Train’ Newtongrange Station building regeneration • ‘Gorebridge Connected’ Town Centre and Station building regeneration • Extension Scoping Study

  8. Destinations to Visit • Marketing Programme – visitscotland.com/bordersrailway • Tourism Destination Audit/ Market Assessment • Tourism Business Development Programme - MBTAG Destination Project • Steam Train Experience Pilot • ‘Beautiful Borders Visitor’ Experience Pilot • Hop on – Hop off Bus Pilots • Great Tapestry of Scotland Visitor Centre, Galashiels

  9. The Financial Deal • £10 million pledged from the Scottish Government – match funded by partners and private sector • Over £9.6 million already spent or committed, resulting in £29 million investment

  10. Early Results • 16% rise in visitor spend in the Borders, 6.8% in Midlothian • 8% increase in tourism employment in the Borders, 4.1% in Midlothian • 74% increase in external applications to Borders College • New investments in restaurants, breweries, and local businesses • 200 new jobs and £100 million economic impact from global IT firm CGI

  11. Early Lessons Learned/ + Key Messages • The power of partnership: local and national level commitment • Joint investment and delivery critical • Plan for delivery of wider economic impacts pre-construction • Transport projects deliver more than just transport benefits

  12. Thank you

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