CALA’s proposed development of 3,500 new homes on brownfield land at Long Marston Airfield offers the opportunity to stimulate economic growth and help to reduce the impact of local authority budget cuts.
It is clear that there is an urgent requirement to provide new private and affordable homes in the district and CALA’s proposal at Long Marston Airfield would deliver more 3,500 homes on one brownfield site. It would also deliver significant economic benefits to the local community through a Section 106 contribution, further investment in local infrastructure and significant employment opportunities.
A report commissioned by CALA Homes, produced by Nathanial Lichfield & Partners using independent evidence and data, estimates that the development would deliver the following benefits:
- Thousands of jobs including in health, community uses, education and in the business park
- Many more indirect jobs supported in the supply chain
- Approximately 450 direct construction jobs over the 25 year length of the build period
- Another 700 indirect construction jobs in the supply chain for each year of construction
- Over 400 new operational jobs, supported by increased resident expenditure in the local area
- £17.5million first occupation expenditure on goods and services – much of which would be captured locally
- £29.7million estimated additional resident convenience expenditure per annum
- £340.3million expected additional economic output
- £390.6million total construction value of the development – delivering a further £66.5million expected additional economic output per annum
- £35.2million New Homes Bonus payments over a six year period
- £5.62million additional Council Tax revenues per annum
- £1.44million additional Business Rate revenue per annum
- £97.5million Community Infrastructure Levy and other planning contributions
A snapshot of the economic benefits can be viewed in this useful infographic.