Lomondgate Reaches Jobs Milestone
July 04th 2013
Lomondgate, the regeneration project initiated in 2000 following the closure of the J&B whisky bottling plant at Dumbarton, has reached a significant milestone, with more jobs now being supported by the companies located there than existed on the site prior to the closure, which dealt a devastating blow to the local economy.
An independent economic impact assessment commissioned by Strathleven Regeneration, found that there are now 702 full-time equivalent jobs at Lomondgate. At the time of the announcement of the J&B plant closure a total of 472 people were employed (64 of whom were temporary employees).
The entire site of the former plant is being redeveloped.
BBC Scotland's Dumbarton studios and River City set last year celebrated 10 years at Lomondgate. More recently the remainder of the bottling plant site was cleared and is now under development by three housebuilders - Walker Group, Persimmon Homes and Taylor Wimpey. The report states that 68 new houses were completed at Lomondgate in the year to April 2013, with a further 77 under construction. In total, 187 houses had been completed or were under construction by April this year.
Lomondgate also includes land north of the A82 which is being developed as a business park and roadside services. In 2012, Aggreko became the biggest employer at Lomondgate, following the Royal opening of its £22m manufacturing plant. The company enjoyed a bumper first year in its new facility, providing temporary energy solutions to the 2012 Olympics and 2012 UEFA European Football Championship. To date, a Premier Inn hotel, a Brewers Fayre pub/restaurant and Scotland's first drive-thru Costa have been developed at Lomondgate Services.
Total capital investment in Lomondgate is estimated at £62 million and the project has, since its inception, generated £181 million of Gross Value Added to the region's economy.
It is estimated that, by 2019, almost 2,000 jobs could be accommodated at Lomondgate, with a cumulative impact of more than £500million on the regional economy.
Lomondgate is being delivered through a partnership between Strathleven Regeneration - the special purpose vehicle which was formed with the support of West Dunbartonshire Council, Scottish Enterprise and Diageo - and developers, Walker Group (Scotland) Ltd.
Commenting on the economic impact of Lomondgate: Martin Rooney, Leader of the Council said: "I'm delighted with the regeneration and development at Lomondgate by Strathleven Regeneration and Walker Group, in particular securing jobs for more than 700 people.
"The group's commitment to developing the site has not only brought much needed local employment to the area, but also high-quality housing in West Dunbartonshire. Given the prominent position of the site on gateway to Loch Lomond and its development, I am sure we can attract more businesses to the area."
Jackie Baillie MSP said: "I am delighted that the work started by Strathleven Regeneration could create almost 2,000 jobs at Lomondgate by 2020."
"The group has had a positive impact on the area, encouraging new businesses and industry to come to Dumbarton.
"I hope more businesses consider locating in Dumbarton in the coming years, because it is a fantastic area to live and work.
Gemma Doyle MP commented: "Lomondgate is now a real success story and this latest report shows the very positive impact it has had for both Dumbarton and the Vale of Leven.
"Jobs and growth are crucial to getting our economy back on track, but also for securing a more stable economic future for West Dunbartonshire."