Is this Profile (£m) project Sources Project output of Further info information (e.g. on any type Theme of funding on project jobs, houses, project? If so LEP Project Name & Brief Summary BCR Project [include all (SEP page leverage, which project bid? or rows that reference) qualifications (please – apply] specify all that identify using Total 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 the priority number) 6 Newark Southern Link Road: a new Accelerated LGF C and 7.0 7.0 SEP p18, 75, 2,400 jobs; 3,200 No No BCR has not been single carriageway road with at grade R 78, 79, houses; traffic calculated because the roundabout junctions along its length, a congestion benefits. project is delivered Other C and 19.3 shared use footway on the northern Plan p87 + Newark also has two by developers as part R side between the NCN route 64 and annex 1 further strategic urban of a commercial B6326 roundabout, and four toucan (business extensions (Land venture. Given that the crossings. Directly unlocks major urban cases) East of Newark, development is extension on south side of Newark. Fernwood) which are commercial, it is less advanced than expected that the the land to the south financial returns to the of Newark. Whilst developer will outweigh their delivery is not costs of construction. wholly reliant on the SLR it will be a positive benefit to these other schemes to have improved access. 7 A61 Corridor, Chesterfield: Provision Accelerated LGF C 0.8 3 3 3 3 12.8 SEP p17, 3,500 dwellings No Not calculated as BCR. of additional capacity to enable the p75, 2,190 jobs through Value of jobs unlocked development of over 400ha to deliver overlap represents high annual LA 0.4 0.4 1.2 3,500 homes along the A61 corridor Plan p86 protocol return on investment and up to 6,000 in total across North + 1 with SCR Other 0.5 2 Eastern Derbyshire. (business LEP) cases) and p131-137 Sources of type Theme of funding Project Name & Summary Profile (£m) Project [include all or rows that
Project Name & Brief Summary Theme of Project Sources of funding [include all rows that apply] type or Profile (£m) Further info on project (SEP page reference) Project output information (e.g. jobs, houses, leverage, qualifications – specify all that Is this project on any project? If so which project (please identify using the priority number) LEP bid? BCR 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 Total 6 Newark Southern Link Road: a new single carriageway road with at grade roundabout junctions along its length, a shared use footway on the northern side between the NCN route 64 and B6326 roundabout, and four toucan crossings. Directly unlocks major urban extension on south side of Newark. Accelerated LGF C and R 7.0 7.0 SEP p18, 75, 78, 79, Plan p87 + annex 1 (business cases) 2,400 jobs; 3,200 houses; traffic congestion benefits. Newark also has two further strategic urban extensions (Land East of Newark, Fernwood) which are less advanced than the land to the south of Newark. Whilst their delivery is not wholly reliant on the SLR it will be a positive benefit to these other schemes to have improved access. No No BCR has not been calculated because the project is delivered by developers as part of a commercial venture. Given that the development is commercial, it is expected that the financial returns to the developer will outweigh costs of construction. Other C and R 19.3 7 A61 Corridor, Chesterfield: Provision of additional capacity to enable the development of over 400ha to deliver 3,500 homes along the A61 corridor and up to 6,000 in total across North Eastern Derbyshire. Accelerated LGF C 0.8 3 3 3 3 12.8 SEP p17, p75, Plan p86 + 1 (business cases) and p131-137 3,500 dwellings 2,190 jobs No through overlap protocol with SCR LEP) Not calculated as BCR. Value of jobs unlocked represents high annual return on investment LA 0.4 0.4 1.2 Other 0.5 2 Project Name & Summary Theme of Project Sources of funding [include all rows that type or Profile (£m)
D2N2_SEP_Implementation_Plan.docx