The city is a well established leader in academia. The University of Dundee, which has recently undergone a £200 million campus redevelopment, is internationally renowned for its life sciences research and nationally recognized for its Duncan of Jordanstone College of Art and Design. The University of Abertay Dundee is a national leader in digital games. St Andrew's University is within commuting distance.
The result is a young, educated, cosmopolitan city with the highest student to resident ratio in Scotland, and one of the highest in the UK. More than 35,000 students live in Dundee.
Dundee City Council has overseen a cultural renaissance in the City over the past 20 years. Dundee Contemporary Arts, Dundee Rep Theatre, the Space (home to the Scottish School of Contemporary Dance), and The McManus (Dundee's beautifully refurbished art gallery and museum), are playing a part in re-establishing Dundee as a centre for art and culture. The city was recently announced as a finalist to be the UK City of Culture in 2017.
The impact of the waterfront regeneration is already being felt across the city and set to continue to boost tourism and the desire for students, businesses and commuters to locate to Dundee. In 2012 leisure tourism generated £143 million and business tourism £55 million in expenditure and the net gain of new retail stores was higher in Dundee than in any other Scottish city. Such is the retail demand that the city's Wellgate shopping centre was recently purchased for £31.2 million in one of Scotland's largest retail investment deals of 2011.
Dundee prides itself on the strong partnerships and good communications that exist between its council, its businesses and its institutions. This partnership ethos is continued through the waterfront project in which all of the involved organisations and stakeholders have a say in decisions. The result is a strong, informed consensus group working towards the combined aim to make Dundee a world leading waterfront destination.
The Scientist magazine has named Dundee as the UK's 'best place to work in academia' (2010, 2011) and the sixth best place in the world for scientists to work outside of the US.