Decision details
Enterprise Area Masterplan
Decision Maker: Cabinet
Decision status: Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To adopt the EA Masterplan Vision Report as Council Policy
Decision:
(1) To ENDORSE the vision, objectives and priorities set out in the Bath City Riverside Enterprise Area Masterplan.
Reasons for the decision:
A co-ordinated spatial vision for the Bath City Riverside Enterprise Area is essential for the following reasons:
(1) To facilitate delivery of B&NES corporate objectives, in particular the Core Strategy targets of 9,000 new jobs and 3,400 homes within the Central Area and Enterprise Area;
(2) To realise B&NES financial income through Business Rates Uplift via the City Deal for the West of England;
(3) Realising funding through the Local Economic Partnership, via the Economic Development Fund, Revolving Infrastructure Fund, Growth Funds, also through the Homes and Communities Agency;
(4) Co-ordinated Strategy & robust Policy Base for the realisation of corporate objectives; and
(5) Real economic benefits for the people of B&NES through GVA uplift, increase in average earnings and improved house price affordability.
Alternative options considered:
The Masterplan has emerged following extensive research and consultation which considered a number of options. It is based upon significant previous work, particularly by B&NES Planning Policy on the Core Strategy and associated documents.
Report author: Tim Hewitt
Publication date: 13/11/2014
Date of decision: 12/11/2014
Decided at meeting: 12/11/2014 - Cabinet
Effective from: 21/11/2014
Accompanying Documents: