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Supporting documents - Renfrewshire Council

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Proposed Mixed Use Development, Braehead: Socio-Economic Impact Report<br />

1.0 Introduction<br />

1.1 This Socio-Economic Impact Report has been produced on behalf of Capital<br />

Shopping Centres plc (CSC) by Nathaniel Lichfield & Partners (NLP). It assesses<br />

the socio-economic impacts arising from the proposed mixed use development<br />

at Braehead, in particular:<br />

1 how the proposed development is likely to impact upon employment<br />

during its construction and operation in terms of the number, type and<br />

status of jobs in the local labour market;<br />

2 the identification of any ‘spin off’ effects of the proposed development in<br />

terms of stimulating investment or other economic activity;<br />

3 consideration of the wider benefit to the economy that the new retail and<br />

leisure facilities will provide; and<br />

4 how the current proposals will continue the process of regeneration that<br />

have taken place over the past 15 years since development at Braehead<br />

was initiated.<br />

Proposed Development<br />

1.2 The proposal is for a mixed use development at the existing Braehead<br />

Shopping Centre comprising up to 41,000m 2 of new retail floorspace, 3,100m 2<br />

of financial/professional and/or new food and drink floorspace, a 200-bed<br />

hotel, and a 5, 000 seat events arena for sports, concerts and exhibitions, and<br />

a new civic square. The proposed development also includes a new integrated<br />

transport interchange, car parking and associated access and landscaping<br />

works.<br />

1.3 Braehead lies on the south bank of the River Clyde, just north of Junction 26 of<br />

the M8 motorway and some 5km north east of the town of Paisley. It forms part<br />

of an 80 ha area of former industrial land along the riverbank which continues<br />

to represent one of the largest strategic regeneration locations in Scotland. The<br />

Masterplan for the wider development of Braehead is presented in Figure 1.1.<br />

3366706v3 P1

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