The City of Lincoln Council needed a business case to secure £30m for a new transport hub in the city which will create a new gateway for bus, train and car users. Evidence on the wider economic and regeneration benefits was required in order to secure approval from the Department for Transport (DfT) and the Greater Lincolnshire Local Enterprise Partnership (LEP).
Regeneris was appointed to quantify the number of jobs and scale of economic growth the project would deliver for Lincoln’s economy. Our team assessed how the project would drive place-making for Lincoln, improve investor confidence and improve user experience. We also assessed how the development would help shape perceptions of Lincoln as a place to work, live and visit. Our assessment drew on consultations with local economic development and tourism agencies, the business community, developers and investors, as well as using case study comparators from other towns and cities.
Our analysis fed into the successful strategic and economic cases for the scheme to unlock investment from DfT in August 2016. Construction of the transport hub commenced in December 2016.
Regeneris worked closely with the City of Lincoln Council in helping them develop an economic business case for project funding, highlighting the wider economic and regeneration benefits that the Lincoln Transport Hub would deliver. It was a pleasure working with David Watson and Neil Evans who worked collaboratively with both the Council and its wider project team. David and Neil had an excellent understanding of the DfT’s requirements for the Economic Business Case, and worked tirelessly over a number of months to pull together the Assessment of Regeneration Benefits. Both David and Neil were good to work with and provided the Council with a very professional service
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