I S L I N G T O N M I L L

building an economic ecology

I S L I N G T O N M I L L• Grade 2 listed Heritage Building • ‘A mash up of every generations

cultural references’• Financially independent for 15 years • Privately financed not publically

funded • Manchester Region embracing

creative sector • BUT as Home and Factory are

incorporated , assimilated

Islington Mill remains in the hinterland

experimental…on the edge…..at the boundaries

50 radical businesses; 200 industrious employees; 1,037 amazing careers

I S L I N G T O N M I L L C O N T R I B U T I O N

Putting on 380 events (3 years)Playing to 65,000 people Sustaining Sounds over 10 yearsLaunching 3,500,000 records

26,000 sq ft of derelict space in useInvesting £1,1M to date

Adding £1.9M 2016Delivering £1M p.a. to local economy

Presenting 4,498 artists

From 35 countries

Attracting 43,909 visitors

Hosting 1,950 guests

I S L I N G T O N M I L L I M P R E S S I O N S • Isolated• Unaffected by its surrounds • Architecturally ignored • Visually disregarded• Littered• Uncared for• Impenetrable • Inaccessible • Closed to the public• Under threat • Defensive • Silenced• A walled garden • Where those who know • Step in• To a network of dens• Full of creative tribes• And those who don’t…………

are we missing the opportunity? •

P R O T E C T I N G C O L L E C T I V E I N V E S T M E N T ?

• Area without a plan • Collective investment in

Chapel St £100M• Plus lives and livelihoods• International Arts Leader• Collective risk? • Collective deficit

undermining investment : noise, parking, rubbish, conflict

• Collective reward

C R E A T I V E B E N E F I T

We know……• 60% of all other growth results from creativity

• Creative sector attracts entrepreneurs and investment

• Correlates economic success

• Correlates socially inclusion

• Enjoying high GDP & growth 7 x other sectors

• Increase commercial & residential demand

• Triple land and property values

• Add up to £9,000 per unit

• Equivalent to 2nd bathroom or acre green space

Islington Mill is walled in

S H A R E D R I S K & R E W A R D ?

What would we deliver

• Creative output

• Local Economy

• Social Inclusion

• Land Value

• Demand

(commercial/residential/ground floor

Who could be interested?

I S L I N G T O N M I L L I N S I D E O U T

Hinter

land

Pop Ups and Pilots

environment for investment

I N S I D E O U T • Willing Partners – use existing

resources differently• Multi agency delivery team• To deliver mutual benefits (clean,

creative, meantime uses)• Harness creativity Islington Mill • Future use Regent Trading Estate • Plan mixed uses so compliment

not conflict • Share risk and reward • Shared route map & priorities

I N S I D E O U T Environment for investment

• Islington Mill outward facing

• Willing Partners established – LA chair

• Multi agency delivery team identified

• Area clean and desirable

• Active participation invited

• LA Development Framework started

• Shared costs

• IM & LA committed £5k – willing founders required!

I N S I D E O U T Pop Up and Pilot • £150 k social impact launch

pad secured

• IM providing private sector match

• Crowd source ideas

• Salford Soup

• Field work in locality

• Invest in the best

• Applicants required!

I N S I D E O U T Salford Hinterland

• Vision for cultural Hinterland • A place that shouts emerging

creatives and entrepreneurs• Live, work, visit, play and stay • Playing to strengths• Collective offer & opportunities • Pooled promotion costs• Shared services – cost effective and

improved• Challengers required (eg managing

agents, ground floors, youth services, care, environment squad)