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Growth of Scarborough Study - Scarborough Borough Council

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Key criteria<br />

Ability to rebalance the population’s social and demographic<br />

characteristics<br />

Ability to achieve a sustainable balance <strong>of</strong> jobs and homes<br />

Employment growth targeted at achieving sustainability (resilience <strong>of</strong><br />

economic base)<br />

Ability to generate wealth locally<br />

Ability to achieve spatial coherence and social integration in terms <strong>of</strong><br />

health and community (at all levels?)<br />

Environmental sustainability, i.e. water conservation targets, energy<br />

conservation targets, landscape and visual impact<br />

Transport accessibility<br />

Scenario<br />

3<br />

Scenario<br />

4<br />

Scenario<br />

5<br />

9.10 Phasing determinants<br />

9.10.1 The key determinants <strong>of</strong> the path <strong>of</strong> growth are suggested as follows:<br />

Determinant Assumptions 16 Application to growth pr<strong>of</strong>iles<br />

Practicality <strong>of</strong> delivery <strong>of</strong><br />

infrastructure<br />

A64 dualing (catalyst for<br />

further housing and<br />

commercial development)<br />

Market and economic<br />

conditions<br />

Key infrastructure takes account <strong>of</strong>:<br />

• Lead-in times (planning, design and<br />

construction)<br />

• Priority given to infrastructure<br />

• Past precedents, e.g. lead-in times for school<br />

development, where known<br />

• Delivery deadline relative to other major<br />

infrastructure works<br />

Assume full scheme not operational until 2014 at the<br />

earliest – subject to fast-track planning and regional<br />

prioritisation<br />

• Macro: who knows? Assume continuation <strong>of</strong><br />

relative economic stability – low/moderate<br />

inflation, high national growth (2.5% growth in<br />

GDP by 200917) and steadily increasing house<br />

prices (4% annual increase in 2005, 2% in both<br />

2006 and 2007) 18 - see also next item<br />

• Micro: assume that current employment land<br />

take-up and accompanying marketing strategies<br />

continue to at least 2008 (see below); thereafter<br />

substantial economic intervention tools start to<br />

kick in to stimulate inward investment and<br />

growth in key higher-value sectors<br />

Thresholds/ triggers and lead-in<br />

times shown on growth pr<strong>of</strong>ile;<br />

pr<strong>of</strong>ile also reflects nature/<br />

quantum <strong>of</strong> infrastructure<br />

required at any one point, as far<br />

as possible<br />

Momentum not picked up until<br />

after this date<br />

Assume current housing growth<br />

can be maintained, subject to<br />

availability <strong>of</strong> suitable sites<br />

16 The accuracy <strong>of</strong> some assumptions will be dependent on the success <strong>of</strong> the implementation arrangements proposed, particularly the degree to which<br />

they provide greater certainty and reduced risk.<br />

17 Source: Forecasts for the UK Economy, HM Treasury, May 2005<br />

18 Source: CML’s Market Forecasts http://www.rics.org/Property/Residentialproperty/Residentialpropertymarket/forecastroundup.html<br />

Doc No CBHABG000/3 Rev: 0 Date: May 2005 80<br />

C:\Documents and Settings\SpracklenA\My Documents\Projects\<strong>Scarborough</strong> growth study\Final Report\Final Report FINAL.doc

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