Turley Associates

Evaluating local economic benefits

Retaining and creating local jobs is a priority for local decision makers and communities nationally.

As the UK sets out along the path to renewed economic growth, retaining and creating local jobs is a priority for local decision makers and communities nationally. Enabling communities to grow sustainably is vital to addressing affordability challenges, generating expenditure and creating demand to support local shops, businesses and services.

Quantifying and clearly articulating the scale and nature of the positive economic benefits created by new development provides valuable evidence to promote a scheme or site through the planning process.

Our bespoke model provides our clients with a powerful tool to communicate effectively the economic benefits and wider positive implications of new development to local stakeholders and communities. The model calculates:

• Direct and indirect employment generation
• Gross Value Added (GVA) to the local, regional or national economy
• Contributions to public revenue through New Homes Bonus, Council Tax and Business Rates
• Lifetime benefits of new home occupation including additional local spending power and patronage of local services
• The changing local demographic and socio-economic profile
• Directly generated funds which benefit the wider local community.

The economic planning team at Turley Associates has an established track record in articulating the economic benefits of development and presenting it as part of the planning case in support of all types of proposals. We work for residential and commercial developers, land owners and promoters of strategic land across a range of site types, scales and locations across the UK.

To discuss how our economic benefits model can help you, please contact Matt Spilsbury, Senior Economic Planning Consultant.

T: 0161 233 7676
[email protected]