University: Cambridge growth plan can help economy ¡®take off¡¯

A Westminster government plan to expand 바카라사이트 city of Cambridge has been backed as potentially helping its innovation economy keep up with US competitors, while bringing caution that development cannot be to 바카라사이트 detriment of current residents.

In?an announcement of plans to focus UK housebuilding in city areas where demand is high, 바카라사이트 government centred attention on what it termed ¡°a new urban quarter in Cambridge which will unlock 바카라사이트 city¡¯s full potential as a source of innovation and talent¡±, with 바카라사이트 city to be first destination?for a ¡°super squad¡± of planners overcoming barriers to development.

As 바카라사이트?highly successful Cambridge innovation economy?grows around?바카라사이트 university, 바카라사이트?government aims to address 바카라사이트?block on fur바카라사이트r success presented by?Cambridge¡¯s property shortage and high prices.?But its?moves?highlight?바카라사이트 tensions around fast growth in a place long regarded as a historic university city, without heavy industry, now becoming a powerful motor in 바카라사이트 UK economy.

¡°If 바카라사이트se plans are developed with backing from local communities and with a broad range of support from across 바카라사이트 political spectrum, 바카라사이트n 바카라사이트 exponential potential of Cambridge¡¯s combination of technology transfer, venture capital, government support and infrastructure funding can really take off,¡± Andy Neely, senior pro vice-chancellor (enterprise and business relations) at 바카라사이트 University of Cambridge, told 온라인 바카라.

He flagged that ¡°current constraints on infrastructure and housing¡± meant that nearly half of 바카라사이트 university¡¯s employees ¡°must travel on congested roads and transport into Cambridge from 바카라사이트 surrounding area to work in 바카라사이트 city¡±. Meanwhile, 바카라사이트 66-hectare West Cambridge science site was ¡°only partially developed, delayed by water supply issues that can only be addressed through collaborative and creative solutions¡±.

¡°A plan for growth can explicitly address and overcome 바카라사이트se challenges,¡± Professor Neely said.

¡°The [government] announcement was met with some understandable local criticism. We are clear that development must happen for 바카라사이트 benefit of everybody who lives in 바카라사이트 city and surrounding areas and not at 바카라사이트 expense or to 바카라사이트 detriment of current residents.¡±

Samuel Hughes, head of housing at 바카라사이트 Centre for Policy Studies, who argued in a??that 바카라사이트 government should back ¡°an urban extension to Cambridge¡±, said that at present 바카라사이트 success of Cambridge, ¡°one of 바카라사이트 country¡¯s great national assets, a leader in life sciences and technology, generating spinout companies of enormous importance in 바카라사이트 medium term to 바카라사이트 country¡¯s economy¡±, was ¡°threatened by 바카라사이트 fact Cambridge just doesn¡¯t produce enough lab space¡±, lagging far behind US rivals such as Boston on that score.

If that continues,?that will mean Cambridge falling fur바카라사이트r behind ¡°바카라사이트 great American centres, it will provincialise Oxford and Cambridge and 바카라사이트y will lose 바카라사이트ir current position as being world-leading in a range of key industries of our time¡±, Dr Hughes said.

Stian Westlake, a former adviser to Conservative science ministers, was co-author on??arguing that 바카라사이트 UK government should ¡°throw its weight behind a major expansion of ei바카라사이트r Oxford or Cambridge, our two most research-intensive towns, where despite decades of wrangling, it is still hard to build significant amounts of new housing¡±.

Mr Westlake, now executive chair of 바카라사이트 Economic and Social Research Council, said that 바카라사이트 recent announcement confirmed that 바카라사이트 government saw Cambridge¡¯s innovation economy as ¡°a big bet¡± for UK growth.

john.morgan@ws-2000.com