A678 Burnley Road being a residential (as traffic volumes would remain at current levels), land restrictions, potential objections from local residents and businesses on parking restrictions and severance remaining along the corridor. Indicative Cost (£M) & Economic Appraisal High cost Medium cost Medium cost Low cost option, Option 4 has £3,457,510 (in Please provide indicative costs if known or option, as option, as option, as as no additional been developed 2010 prices) provide information on the likely affordability additional land additional Tesco additional Tesco land is required due to political and Economic against the or is required to land is required. land is required. and the existing complications Appraisal as headings ‘high’ ‘medium’ ‘low.’ Also explain any economic appraisal widen the A678 layout of the with acquisition presented within undertaken, including benefit/cost analysis Burnley Road A678 Burnley of Tesco land, this SOBC. approach arm of Road/Gorse requiring the the Red Lion Street would new link road Roundabout (to remain being offset to improve unchanged. run through land capacity), currently additional land occupied by a required to number of provide residential parking properties. The for residents of indicative cost of the A678 this option is Burnley Road, therefore high, who currently due to park on-street, requirements to missed purchase opportunity to additional land. open land for potential development between the A678 Burnley
A678 Burnley Road being a residential (as traffic volumes would remain at current levels), land restrictions, potential objections from local residents and businesses on parking restrictions and severance remaining along the corridor. Indicative Cost (£M) & Economic Appraisal Please provide indicative costs if known or provide information on the likely affordability against the headings ‘high’ ‘medium’ or ‘low.’ Also explain any economic appraisal undertaken, including benefit/cost analysis High cost option, as additional land is required to widen the A678 Burnley Road approach arm of the Red Lion Roundabout (to improve capacity), additional land required to provide parking for residents of the A678 Burnley Road, who currently park on-street, missed opportunity to open land for potential development between the A678 Burnley Medium cost option, as additional Tesco land is required. Medium cost option, as additional Tesco land is required. Low cost option, as no additional land is required and the existing layout of the A678 Burnley Road/Gorse Street would remain unchanged. Option 4 has been developed due to political complications with acquisition of Tesco land, requiring the new link road being offset to run through land currently occupied by a number of residential properties. The indicative cost of this option is therefore high, due to requirements to purchase additional land. £3,457,510 (in 2010 prices) and Economic Appraisal as presented within this SOBC.