This document outlines the timeline of development for the former Ravenscraig Steelworks site in Scotland from 1992 when the steelworks closed through proposed future development. It discusses turning the old industrial area into a mixed-use development through environmental remediation and infrastructure projects. The timeline shows planning approvals from 1994 to present and milestones like the first homes being completed in 2008. It also addresses challenges in attracting further investment and development by managing risk and providing incentives as the area is transformed.

1. Attracting FDI to
old industrial areas
Douglas Clark

2. Companies
Intermediaries Locations

3. A Direction

4. Business Plan

5. Long Term
timeline
• 1992 Former Ravenscraig Steelworks closes
• 1992 Work begins to remediate contamination on the land, prepare development
platforms and construct the main spine road system
• 1994 Development Strategy for Ravenscraig produced establishing the principle of a
mixed use development
• 1997 Masterplan launched
• 2000 Clyde Valley Structure Plan gives Ravenscraig Town centre status
• 2001 Natural Heritage and Built Environment strategy adopted
• 2003 North Lanarkshire Council approves outline planning application for overall
development
d l t
• 2005 Outline planning permission issued by North Lanarkshire
• 2006 Joint venture company, Ravenscraig Ltd, activated
• 2006 House of Lords upholds Town Centre status
• 2007 January – Balfour Beatty appointed to undertake £25m phase 1 Infrastructure
works
• 2007 O t b – M th
October Motherwell C ll
ll College St t of C
Start f Construction on site
t ti it
• 2008 Autumn – First Homes completed

6. People

7. Engaging Stories
Barnsley : 21st Century “Tuscan Hill Village”

8. Risk Management
Early investment wins – no-one wants to be first in – high risk
g
Incentives & fast decision-making
Public sector – an investment partner; reduced risk

9. Дякую
Д у
douglas.clark@tenongroup.com