Agenda item

Steer Group and White Young Green have been working closely together on the initial assessment and Neelam Mehmood from consultants Steer Economic Development gave a presentation to the meeting to consider the options and agree which ones to take forward as part of the Government Bid.

The recommended shortlisted projects for the Leyland TIP are as follows:

·         Skills & Start-up Hub: A business focused skills and start-up hub in the town centre, ideally near Hough lane.

·         Market Building Regeneration: Regeneration of the market building to create an improved leisure and night-time economy offer

·         Advanced Manufacturing Supply Chain: Job creation and business start-up/ growth opportunities by tapping into the advanced manufacturing supply chain in collaboration with Uclan/the EZ.

·         Town Centre Transformation: A transformation of Hough Lane &/ Church Place to improve the quality of place, linking to the market building to define a centre

We now need to decide how much each option will cost and how it will drive impact.  Nik Puttnam offered to help provide estimated contractor costs.  We will then have 12 months to develop our business case and will need to be able to demonstrate deliverability and engage with the private sector.

The majority of the land needed is already in Council ownership, although ideally would need some third party ownerships being brought in.  Timeframe should allow for third party ownerships to be brought in if needed and Jonathan Noad advised that early discussions have been positive in this regard. 

It was also suggested that we need to consider threads such as:

Ø  Digital integration

Ø  Sustainability

Ø  Leisure/Cultural

Ø  Private sector funding – Grant Thornton may be able to help with private sector options.

Ø  Engagement & Delivery – Investment offers need to be encouraged to get in touch.

Ø  Community Support – Work closely with Runshaw College re youth engagement