Economics
North East Lincolnshire Investment Zone
Client:
Investment Zone Economic Case Support
Study objectives:
• Inform the development of an Expression of Interest for investment Zones in North East Lincolnshire.
• Identify the economic impacts associated with establishing a network of Investment Zones.
We were commissioned to assist the Council develop its case to Government to establish a network of new Investment Zones in the local area. North East Lincolnshire Council had identified a list of potential sites, with 14 selected sites carried forward for economic assessment.
The economic impact assessment work considered the potential Employment, GVA and Land Value Uplift returns possible on each selected site, and working closely with Council officers, we collated commercial and housing site evidence to:
• set out the overall scale of development outcomes and economic returns possible through the delivery of the 14 sites
• Consider the counterfactual scenario and with IZ trajectories
• Consider gross and net local level impacts