Recommended reading - short factsheets and packed with interesting stuff
I became aware of the info below today, via my feed to the 'Development Planning in Highland' blog:
'Learning Resources - Development Economics and Viability'
...The Government is committed to building the development economics and viability skills of planning authorities and others who are involved in bringing development to fruition. The attached resources are designed to provide a working knowledge of development economics and viability, with accompanying policy context, and to assist with clarifying terminology commonly used by the development sector.
These are stage one, of a suite of resources - there will be more coming in later months. And we will be also distributing a print version of these in the coming weeks.
Extracts from a couple of links above - (very abridged)
'ECONOMIC GROWTH & THE DEVELOPMENT SECTOR FACTSHEET'
...Since first elected in 2007, the Government’s purpose has been increasing sustainable economic growth.
...The development industry is a major contributor to the Scottish economy, both in terms of wealth generation, and in terms of job creation:
...The construction of high quality built space, is vital in attracting inward investment to Scotland. Businesses seeking to locate in Scotland require premises and accommodation for their workers.
...In recent years, the development sector has been hard hit by the global banking crisis, and subsequent recession.
...The Government has been leading a range of work to ensure that the planning system can assist in delivering good development, and that planning can support development even in challenging times (Link to government webpage )
...Providing certainty through consistency of advice, process and decision-making. Business values certainty. If developers are clear about expectations on them from the outset, they can adjust their business plans accordingly and pursue their proposals with a degree of confidence. It is the downstream ‘surprises’ and additional or unexpected requests which can cause delays and disputes, and incur costs for all;
...The planning system guides the future development and use of land, ensuring that this occurs in suitable, sustainable locations. It provides strong support for economic development, where it is consistent with other national and local policies. (APTSec Highlight)
'Development viability Factsheet'
..Delivering development requires the involvement of many parties. Their actions can have a significant impact on the viability of a development – ie whether it is capable of coming to fruition or not.
It is therefore important to have an understanding of the economics of development and an awareness of how our actions can impact on delivery. This document provides a brief outline of some key points.
Why did I highlight the paragraph above?
Because 'advice' and 'certainty' is provided through policy and we must ensure that not only do we take part in setting policy (through Local Plan consultations), but that the procedures and processes for setting policy are fair, just, robust, easily understood and capable of being influenced by all
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