Scottish Enterprise Tayside has announced a £50 million project to turn a former railway yard into a modern dynamic business environment for creative media industries, offering up to 100,000 square feet of state of the art facilities.

Extensive further opportunities exist for mixed use developments on the site incorporating new build office space, private housing, and student accommodation, all of which will offer a wide range of benefits to the creative industries and the local community. Seabraes Yards in Dundee was earmarked at an early stage for its close proximity to city centre amenities and wide range of transport links and because research shows that creative industries value city centre locations above and beyond other environments.

The development project is just the latest in a series of steps taken by Tayside to nurture their creative sectors. Other successful initiatives taken include a specialised industry support by the local Business Gateway and the Interactive Interactive partnership. Tayside's local Business Gateway Advisors have been primed to address the main problems facing the creative industries, such as the lack of appropriate funding that is one of the main barriers for technology based companies and the wariness of conventional finance companies to undertake long term development projects built around new technologies and concepts. Interactive Tayside is the pioneering partnership between private, academic and the public sectors to develop and promote Tayside's creative talents.

The creation of Dundee's Creative Media District will give a further boost to Tayside's already successful and fastgrowing digital media and creative industries sectors. Seabraes Yards is to ensure that Dundee's reputation as an international centre of excellence for creative media is taken to a whole new level. The creative industries and digital media sector already has an important role in the Tayside economy, employing 2300 staff and boasting a turnover of over £3100 million.