Forms to be completed and returned to Katie Trout and Craig Wakeman by 27th September
Name: Sharon Freedman
Organisation: BCC
Contact details: sharon.freedman@birmingham.gov.uk
Local Growth Fund Proforma draft v2
Narrative required
The Bordesley Park Area Action Plan (AAP) is a statutory land use plan covering an area of some 580 hectares immediately east of the Birmingham city
centre. The development of the AAP has provided the opportunity to work with local stakeholders to build upon the assets of the area to establish focus for
growth including a wide range of employment opportunities. It will guide development up to 2031 and act as a tool to promote the area to potential
investors and developers. The vision and objectives identified for the AAP are both aspirational and challenging including 3,000 new homes and 750 jobs. To
deliver this five key opportunities for change have been identified, this includes the 40 acre (16 ha) Wheels Site owned by the City Council currently leased
for wheeled activities. The AAP preferred option for this area is the promotion of new industrial and employment opportunities, creating a high quality
employment site in an improved environment. The site is challenging and in order for proposals to be advanced de-risking of the site through reclamation
and provision of access and infrastructure is required.
Project Title
Bordesley Park
What element of the S4G will this ‘ask’ help us to deliver e.g. Improving Connectivity – Transport
Strategic Enabler
from Strategy for
Growth
Growing the number of successful businesses; a major new employment area able to offer new modern business space with large
footplates will provide opportunities for business relocations to support the growth of successful businesses
Building on our sector strengths and opportunities; the viability work carried out by appointed consultants DTZ has drawn out the
demand for such business space in this area from the advanced manufacturing sector, one of our target growth sectors.
Optimising Assets; the Wheels site is a 40 acre public asset, development of the site will facilitate reclamation and allow a site
currently underused to be brought into greater economic use.
Outline project
details
The Bordesley Park Area Action Plan Preferred Option is currently out to public consultation. This proposes an employment led
regeneration strategy with the unlocking of the Wheels site for large scale employment, attractive to occupiers requiring large
footplates. Market interest suggests the area would be attractive to occupiers requiring large footplates particularly given the
shortage of large employment sites. Significant site works will be required including reclamation, access and infrastructure and it is
Forms to be completed and returned to Katie Trout and Craig Wakeman by 27th September
Name: Sharon Freedman
Organisation: BCC
Contact details: sharon.freedman@birmingham.gov.uk
estimated that gap funding will be required to bring forward development. This phase of the project would cover BCC working with
a private sector partner to bring forward the site ready for development. Due to the high costs of abnormals this requires a
contribution of public funding. Expected start subject to funding early 2016.
List all outcomes including impacts on local priorities
Potential impact &
outcomes
The site could accommodate 112,000 sqm of employment floorspace with potential for 3,000 jobs.
Creating employment is a BCC priority; this is an area of high unemployment.
Use of a public asset for greater economic benefit
Links to other
Government
Programmes and
impacts/outcomes
Are there any links to other Government programmes and what are the projected outcomes?
BIS EU programme
Should this be build or just access, infrastructure and reclamation to take to market?
Development Value £86.5m for built out scheme
Overall project costs
(£)
Infrastructure and Reclamation £18.33m
Build Costs £39.38m
Information provided by appointed consultants DTZ and is commercially confidential and not for a public arena
Funding
requirements and
potential
leverage/match
Funding gap in region of £7m due to reclamation costs
Private sector leverage to bring site to market and ready for development
Forms to be completed and returned to Katie Trout and Craig Wakeman by 27th September
Name: Sharon Freedman
Organisation: BCC
Contact details: sharon.freedman@birmingham.gov.uk
funding (£)
Private sector leverage and potentially EU for build costs.
Detail duration of project and any subsequent tranches of work that will follow on from the primary stages
Duration of project
The project is the bringing the site forward to be ready for development, timeframe will depend on finalised design of the
reclamation scheme, at minimum 2 years.
Build out of the site would be led by the market
Who do we need to engage with?
Govt Depts /
Agencies
BIS and DCLG
Who do we need to engage with inc other LEP partners
Partners
Private sector through seeking a development partner
What resources are needed to deliver the project if agreed it should be taken forward?
Resource
Requirements
Officer resource, property, planning, legals to seek development partner
Capital funding in region of £7m as public sector contribution for reclamation to cover abnormal costs.
Assessment Criteria
Evidence required:
Criteria A:
Ambition &
Rationale
Strong rationale for interventions inc. market failures:

Clear prioritisation of proposed activity at the local level with regards to national policy on growth
Forms to be completed and returned to Katie Trout and Craig Wakeman by 27th September
Name: Sharon Freedman
Organisation: BCC
Contact details: sharon.freedman@birmingham.gov.uk
Effective solution that draws upon wider resources:

Addresses key local drivers

Clear argument how it will address problems/opportunities

Prioritisation of options

How leverage will be achieved and to what level

Outline partnership arrangements
Value for money of local Enterprise Partnership Strategy:
Criteria B:
VFM
Criteria C:
Delivery & Risk

Explicit identification for each intervention that is proposed

Description of activity, outputs, timings and contribution to wider themes

Cost benefits ratios if they exist

Evidence of why interventions will work and how they will be realised

Demonstrate why economic benefits would not have occurred without the proposed interventions

Quantifying benefits and costs and produce benefits cost ratios and qualitative VFM assessments in line with
Government guidelines
Partnership Strength & Commitment:
Forms to be completed and returned to Katie Trout and Craig Wakeman by 27th September
Name: Sharon Freedman
Organisation: BCC
Contact details: sharon.freedman@birmingham.gov.uk
 Show deliverability risks are reduced with strong partnership relationships

Evidence of shared, pooled resources and alignment with other funding and collaboration on local planning

Private sector commitment
Strong clear partnerships across functional economic areas:

Clear and effective governance arrangements

Collective decision making that supports the SEP from all local authority leaders

Joint decision making capacity for overlapping LEP’s
Capacity and Risk management:

Assessment of ‘deliverability of project’ inc capacity and risk

Commercial risks – funding & leverage

Financial risks – cost escalation resilience

Technical risks

Management risks – dependencies
Delivery routes, Timeframes and milestones:

Explanations of intervention design and delivery

Details of partner commitment building on existing partnerships, capacity and resource
Forms to be completed and returned to Katie Trout and Craig Wakeman by 27th September
Name: Sharon Freedman
Organisation: BCC
Contact details: sharon.freedman@birmingham.gov.uk
 Explanation of deployment of resource and from whom

Clear plan with timescales and milestones

Clear explanation of how proposed actions will make a difference and how it will be measured
Strong arrangements for local transparency and accountability, monitoring and evaluation:

Progress – Clear proposals of how progress and performance will be measured against key objectives inc specification and
milestones

Accountability – Clear plans for transparent reporting of progress to local electorate and business community

Evaluation – Clear plans for longer term measurement in terms of impact evaluations and interventions. This will include a
clear methodical approach giving details of metrics and data required and outline evaluation of activity and resources