Financial viability study of the eco-towns programme

Published	5 March 2009
Closing date	30 April 2009
Type(s)	Consultation documents, Legislation and policy
Site	Housing
Product code	08SCG05738
ISBN	978-1-4098-1101-5
Price	Free

Summary

This financial viability study has been prepared with input from an external team of advisers to assess whether, on the basis of an initial high level assessment, an eco-town could be economically viable in the locations listed below:

Weston Otmoor, Oxfordshire
Ford Airfield, West Sussex
Whitehill Bordon, Hampshire
Pennbury, Leicestershire
St Austell China Clay Community, Cornwall
Rossington, South Yorkshire
Middle Quinton, Warwickshire
North East Elsenham, Essex
North West Bicester (Cherwell), Oxon*
Rackheath, Norwich*
Rushcliffe, Nottinghamshire*

* The financial assessments which relate to schemes submitted as alternatives in the course of the Sustainability Appraisal are those submitted by the schemes themselves and have not been subject to review by the Department's advisers.

Comments are invited on the information presented in the study, in particular on the following questions:

do you consider that as a high level strategic assessment this study has identified the main issues affecting viability?
are there major areas of cost or infrastructure provision and funding or other issues affecting financial viability which are not identified and could be considered at this stage?
are you aware of evidence which would lead you to different conclusions to those set out here? For example, where the assessment shows a negative financial outcome are there additional public policy reasons (eg. regeneration or site restoration) which would justify an alternative approach?

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Financial viability study of the eco-towns programme
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