Bicester is at the forefront of Oxfordshire’s growth plans. The town is a focus for development due to the town’s exceptional road and train connections coupled with the available land supply to accommodate rapid expansion. Significant infrastructure projects have recently been completed to support this growth including a new rail connection to London and Oxford as well as road junction improvements to the M40 and Bicester town. This has already encouraged further development within the town including expansion of the world famous Bicester Village Retail Park and a comprehensive redevelopment of the town centre.
Bicester is at the heart of a dynamic regional economy with strong growth in high technology and science based industries, advanced manufacturing and distribution/logistics.
Bicester is rapidly expanding with the town’s population set to increase from 30,000 to 50,000 by 2031. The town already offers a skilled workforce and the workforce supply should increase substantially.
Bicester is internationally known due to the strong branding of Bicester Village designer outlet with more than 6 million visitors a year.
EMPLOYMENT AND HOUSING
The current population of Bicester is just over 30,000 which is projected to rise to 50,000 within the next 15 years.
A high proportion of Bicester’s population is of working age (67%) compared with the national average (64.8%).
Approximately 12% of those employed in Bicester work in manufacturing and 13% work in logistics, compared with 5% across Oxfordshire.
Bicester has been awarded Garden Town status which will deliver at least 10,000 new homes by 2031.
Graven Hill, Bicester is the UK’s largest self-build residential project which is now well underway.
Link 9 is in close proximity to the major housing areas of Bicester providing a ready workforce.