Chelmsford is one of the fastest growing centres in the east of England and as the country's newest city is a key economic driver for the region and the UK. Chelmsford has also been recently voted as the ‘best place to live’ in the East of England by the Sunday Times.
Chelmsford's economy is strong; we have an excellent business base and an ambitious plan for future housing and economic growth. With a fantastic reputation as a great place to live and work, excellent location, convenient transport links, and strong skills base, there is a wealth of opportunities for developers and investors.
Our vision for Chelmsford going forward is a simple one:
“For the City of Chelmsford to enhance the economic, cultural, leisure and retail heart of Essex and to become a leading regional centre in the East of England.”
Chelmsford occupies a strategic location in the heart of Essex. It has always played a key role as the administrative capital of the County and makes a major contribution to economic and housing growth. Chelmsford's location, only 35 minutes away from London, is one of its greatest assets and is an opportunity to be further exploited.
Chelmsford has a very strong economy that supports a healthy range of sectors and a contribution of over £3 billion per year to the Essex economy. Some 83,000 jobs and 12,000 businesses form the heart of the City's economy, with very low unemployment rates close to just 1%. Chelmsford has particular strengths in the financial and business services sectors, research and development, and advanced manufacturing. Major international companies that have a significant presence in Chelmsford include: MS Amlin, Aon, QBE, BAE Systems, Teledyne e2v, Visteon, Battelle and Grant Thornton.
For more information see the attached prospectus – ‘The City of Chelmsford – a Great Opportunity’ which sets out our key strengths and opportunities as Chelmsford goes from strength to strength. Or you can click here to find out more.