Business
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To ensure that the development contributes to the sustainable economic vitality of the local area and region.
Question 7.1
Objective
That new business space should complement and enhance those businesses already in the local area.
Question
Will the new business space increase/ maintain the viability of existing businesses?
Targets and Justification
- Best
- Economic study shows that the facility will meet the needs of existing businesses in the area
- Good
- Committed anchor tenant with complementary business to those existing in the area is identified
- Minimum
- No minimum
Applies to Developments
This question applies to Small, Medium and Large developments.
Question 7.2
Question
Is the development designed to suit the needs of prioritised business sectors as identified in the RES?
Targets and Justification
- Best
- More than one sector
- Good
- One sector
- Minimum
- No minimum standard
Applies to Developments
This question applies to Small, Medium and Large developments.
Question 7.3
Objective
To attract inward investment from businesses and organisations from outside the immediate area to increase economic well being.
Question
Will the development be designed to attract inward investment?
Targets and Justification
- Best
- Identified occupiers
- Good
- Demonstrated unmet demand
- Minimum
- No minimum standard
Applies to Developments
This question applies to Small, Medium and Large developments.
Question 7.4
Objective
To improve the connectivity and communication between different businesses to enhance viability.
Question
Is new business space being developed in a way to enable bulk purchasing, shared costs e.g. community landscaping, shared green transport plan facilities etc?
Targets and Justification
- Best
- Established links are included within information pack for new links - a site Environmental Management System is in development and new occupants are encouraged to engage
- Good
- Establishing new or adding to existing linkages, (to be specified by developer)
- Minimum
- No minimum standard
Applies to Developments
This question applies to Small, Medium and Large developments.
Question 7.5
Question
What is the potential for the development to create additional permanent jobs either through new business, social enterprises or for maintenance of the development?
Targets and Justification
- Best
- Net increase in jobs that draw upon the local skills base or where training opportunities will be provided to help local workers to upskill
- Minimum
- Local Authority minimum standard
Applies to Developments
This question applies to Small, Medium and Large developments.
Question 7.6
Question
If the development is part of a publicly funded regeneration scheme, will the contractors engage local labour?
Targets and Justification
- Best
- Yes, permanent engagement of local labour or subcontractors, with training leading to national qualifications
- Good
- Yes, temporary engagement of local labour or subcontractors
- Minimum
- No
Applies to Developments
This question applies to Small, Medium and Large developments.
Question 7.7
Objective
To provide space for all business types, both start up or expanding, to maintain a diverse and flexible business sector within the area, and provide for facilities for future growth.
Question
Will the development include a range of size of business premises, for example incubator units, to encourage both start up and expanding business?
Targets and Justification
- Best
- Yes, provided with discount to increase affordability to start-up businesses and entrepreneurs
- Good
- Yes, range of flexible business premises provided
- Minimum
- No
Applies to Developments
This question applies to Medium and Large developments.
Policy Links
Proposed updates for RSS policies are being considered and site users should be aware of anticipated changes from the Examination in Public Panel Report and Schedules which can be downloaded from the North West Regional Assembly’s website.
RSS
- DP1 Regional Development Principles
- EM1 Integrated Land Management – Biodiversity, Landscape / Heritage, Woodlands
- W1 Strengthening the Local Economy
- W2 Broad Locations for Regionally Significant Economic Development
- W3 Supply of Sub-Regional & Local Employment Land
- W4 Release of Allocated Employment Land
- W5 Retail Development
- W6 Tourism & Visitor Economy
- W7 Principles for Tourism Development
Reference
- BREEAM Retail
- BREW Programme
- Business Improvement Districts
- Enterprise Information
- Envirolink North West
- Environment Connect
- Enworks
- Key Sector Development
- Local Economic Alliance Groups
- New Economics Foundation
- North West Business Link
- Regional Economic Strategy
- Regional Spatial Strategy
- RENEW North West
- Rural Economy
- Social return on Investment
- Sustainable Development Commission on Economics
- Tools for Local Economic Renewal