top of page

Create Your First Project

Start adding your projects to your portfolio. Click on "Manage Projects" to get started

Feasibility Study for Elsecar Heritage Centre

Client:

Barnsley Council

Study objectives:

• Create a comprehensive Feasibility Study for Elsecar Heritage Centre reflecting guidance from Arts Council England;
• Create a stand-alone Options Appraisal which outlines the feasibility of each option including cost and risk; and,
• Work alongside the Council and the consultancy team to support the completion of the application and mandatory supporting documents.

Paul Clifford - Head of Economic Development

Thrive Economics worked against particularly aggressive timescales to produce a document way above the expected brief. Their Feasibility Study leaves us with a strong legacy document that will position us to secure future funding opportunities.'

We were commissioned by Barnsley Metropolitan Borough Council to create a detailed Feasibility Study for the development of Elsecar Heritage Centre. The Council have ambitious plans to enhance the visitor experience at the Centre, create new workspace for creative businesses and connect the Centre to the Borough’s principal towns with a cultural engagement and leadership programme.

We began the commission by reviewing the Council’s extensive documents on the Centre including a Masterplan, a Business Plan and previous funding bids. We reviewed the Arts Council England guidance and liaised with consultants appointed by the Council to work on the application.

We identified how the development of Elsecar Heritage Centre reflects national, regional and local policies and initiatives. We then identified different options for delivering the Council’s objectives and issued a stand-alone appraisal. We worked closely with the Council and the consultant team to confirm the scheme’s financial and output forecasts.

We identified that the scheme’s forecast economic impacts include:

Jobs – we calculated that the scheme will deliver £13.2 million in Gross Value Added through the creation and safeguarding of jobs.
Health benefits – we forecast £1.4 million in health cost savings.
Well-being benefits – we calculated £473 million of benefits generated by people engaging with the cultural and heritage offer at the Centre.

We completed our work within a 3 week period to enable the bid to be submitted by the deadline.

bottom of page