Leicester Infrastructure
Leicester and Leicestershire Infrastructure Assessment
Roger Tym & Partners was appointed in September 2008 to assess the infrastructure investment required to support housing and employment growth in the Leicester and Leicestershire Housing Market Area (HMA) up to 2026.
We looked at infrastructure needs, costings, phasing and funding. We also advised on delivery arrangements, and how the work might be translated into a Community Infrastructure Levy (CIL).
Our work suggested that there is a £1.3bn funding gap to 2026 across the HMA. We were able to break down this funding gap, looking at sites, local authority areas, and the principle urban area.
Given the economic slowdown, developer contributions made a smaller contribution towards the necessary infrastructure investment than had been anticipated. Even if the housing market recovers quickly, our analysis showed that land values will be negatively affected for a much longer period – and often, this reduces the ability of the development process to fund infrastructure.
We suggested a number of strategic, policy and management responses to these circumstances in order to meet the challenge of getting housing, economic restructuring and infrastructure delivery moving – to deliver important social and economic benefits for the HMA.
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