YoYo Games, the fast-growing cross-platform games development technology company plans to double the size of its team and allow for further growth by expanding into new offices on the top floor of DundeeOne development in the heart of the Dundee Waterfront regeneration area.
THE DESIGN talents of Dundee school pupils will be writ large on the city in the coming weeks. A team from St Paul’s Academy has been chosen to have its design used in the new hoardings set to grace the city’s Waterfront while work continues.
The transformation of the former Customs House and Harbour Chambers into a five star 38 bedroom hotel – Dundee’s first five star - is a key feature of a major expansion of hotels in the £1 billion Dundee Waterfront regeneration area.
YOUNG PEOPLE from all over Dundee will stake their claim in the city’s waterfront project this spring when new artwork is chosen for site hoardings. Teams of senior pupils from three secondary schools will take part in a design project that will give them a taste of working in the creative industries.
Dundee Waterfront is forecasting that in excess of £100m of capital projects will either be started or completed during 2013, taking the amount of committed investment for Dundee Waterfront to nearly £500m, or half the £1 billion target. Work is expected to start on the £45m V&A, the new £14m Dundee Railway Station, the £30m Riverside flats development by H&H plus other construction projects including new flats at City Quay, redevelopment of Shed 25 at City Quay, commissioning of new digital media pods at Seabraes and upgrade works for Dundee West Park and Ride. Major projects expected to complete during 2013 include the £32m Olympia Swimming Pool, new £8m Malmaison Hotel plus extensive demolition, infrastructure and upgrade works on projects including the Tay Road Bridge roadworks, demolitions of Tayside House, Hilton Hotel and Gala Casino, replacement of Station Bridge and South Marketgait Bridge, Waterfront landscaping, harbour infilling and various infrastructure projects. A planning application has also just been submitted for a new £6m hotel at Customs House and Harbour Chambers. Dundee Waterfront calculates that at least £130m of investment will be released during 2013 as a result of the projects outlined above. Dundee City is undergoing a major transformation, spearheaded by the £1 billion Dundee Waterfront project, which spans 240 hectares of land stretching 8km along the River Tay. Dundee Waterfront is the second largest regeneration project in Scotland and within the top twenty such projects in the UK. Over 9000 new jobs are forecast to be created as a result of the wave of new investment in the city. Commenting on the fresh wave of investment Mike Galloway, Dundee’s Director of City Development, said: “We are very pleased with the rate of progress and the interest that is being generated in Dundee Waterfront. We are delighted with the amount of investment being generated by local businesses and, increasingly, by inward investment. 2013 is set to be a watershed year as we close in on £500m of committed investment, or half the overall target of £1 billion. “We are marketing the Dundee Waterfront investment message far and wide as there are still exceptional opportunities for a wide range of businesses in a wide range of sectors. The increase in investment, job creation and visitor numbers is going to generate hundreds of millions of pounds of additional revenue for the city and for those entrepreneurs that grasp the business opportunities now emerging.” “Tourism, for example, is set to see significant growth. The V&A at Dundee is alone expected to generate 500,000 additional visitors to the city during its first year, then settling at more than 300,000 annually. We also have the golf assets of Fife and Angus, amongst many other attractions. By 2015 the business flowing into Dundee and the surrounding area will be significant, and we would encourage more entrepreneurs and businesses to work with us to ensure we capitalise on the opportunities that will be available.”
The team behind the £1 billion regeneration of Dundee Waterfront is coming to Aberdeen later this month to encourage more collaboration with North East businesses on investment opportunities in and around Dundee Waterfront. The Dundee Waterfront collaboration roadshow is being hosted by Brodies, the law firm, on Wednesday 28th November at 12.30pm. The event will be of interest to: public and private sector organisations, developers, entrepreneurs, financiers and specialist advisers, such as commercial property agents, lawyers and accountants.
THE NEW grid pattern of streets at Dundee's billion pound Waterfront is beginning to take shape. A section of road connecting South Marketgait with what will become the northern boulevard when the project is complete opens on Wednesday (October 10).