Huw Rhys Lewis MRIBA, MRICS, MAPM Managing Director€¦ · Huw Rhys Lewis MRIBA, MRICS, MAPM...

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Huw Rhys Lewis MRIBA, MRICS, MAPM

Managing Director

West Midlands Forum for Growth September 6th 2017

Hybrid Bill proposal

Hybrid Bill proposals

Our Vision

Illustrative Masterplan

• Airport option• Passive provision for

2036 terminal

2016 Masterplan &

LOD Overlay

Phase 1 (2018-2022)

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Phase 2 (2023-2027)

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Phase 3 (2028-2030)

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Phase 4 (2032- Beyond)

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DeliveryDevolution Agreement

Value Capture Framework tool kit

WMCA SEP

HS2 Growth Strategy

Investment Prospectus

Investments underpinned by

new or improved infrastructure

VALUE CAPTURE needs to be a

core part of this approach

• Framework developed for selecting from 21 tools

• New and existing development / activities

• Commercial, planning, voluntary business contribution and fiscal tools

• Existing or new / amended mechanisms

• UKC Hub: tested value capture using a combination of 12 mechanisms

• Up to £2 billion (2017 prices) in value could potentially be captured over the period to 2045

• UKC Hub: tested value capture using existing (non-specifically designated) mechanism

• Up to £0.97 billion captured (2017 prices) to 2045

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