Led by Preston Partnership, Preston’s City Investment Plan (PCIP) is a 15-year vision for Preston which sets out Preston’s long-term objectives and strategy to transform Preston, targeting resources and aligning public and private sector investments to respond to needs and capitalise on opportunities for positive change.
Preston’s shared vision for the next 15 years (2020-2035) is:
- Preston: A dynamic, confident and growing city that still feels like home.
- Preston: A city where the full potential of its people, businesses and location are realised; open to investment that secures a sustainable future for all.
- Preston: A well-connected and liveable city with a wealth of talent and character, Preston is Lancashire’s distinctive centre for commerce, culture and innovation.
- Preston: Where sky high ambition combines powerfully with civic pride, distinctive placemaking and down to earth delivery.
The PCIP strategy is underpinned by three themes:
Why are we doing this?
Put simply, we want to work together to stimulate positive change in Preston.
To put the richness of life within reach for its people and communities.
To improve connectivity, create more opportunities for Preston’s people and make the city economy work for all its communities.
To create a catalyst for further investment and positive change.
To make our proud city shine.
SEE the impact
The impact of the PCIP will be evidenced by the following social, economic and environment (SEE) outcomes:
- Significant and lasting improvements in the health and wellbeing of Preston’s resident communities.
- Sustained reductions in deprivation levels, particularly in the health, income and employment domains.
- Resilient stakeholder partnerships which reflect the diversity of Preston’s communities and our commitment to a fairer society.
- A resilient and growing Preston economy creating good quality new jobs and new businesses.
- A more productive economy driven by collaborative innovation and investment in higher value economic activity in the city.
- A distinctive, thriving and expanding creative, cultural, retail and leisure sector which underpins the vitality of the city’s economy.
- Sustained reductions in CO2 emissions, congestion and air pollution.
- Significant increases in the use of public transport, cycling and walking.
- Increased resilience of infrastructure to climate change impacts.
This is a 15-year plan, with the Harris Quarter Investment Programme, nested in a framework of longer-term priorities for the city.
Stakeholders in Preston and Lancashire have committed to strategic priorities driven by the challenges and opportunities the city, and the wider county, faces. This has driven the PCIP’s priorities which are:
- Transform Preston’s cultural infrastructure, focusing on our cultural and leisure facilities, spaces and programmes.
- Supporting Preston’s economic recovery, skills, growth and resilience.
- Delivering a new commercial district at Preston Station Quarter.
- Deliver a ground-breaking approach to community health and wellbeing in the city.
- Expand and diversify the housing supply to significantly boost city centre living.
- Achieve a step change in sustainable movement and accessibility in the city by delivering Preston’s Transport Plan.
The full Preston City Investment Plan can be downloaded below: