gva.co.ukShort presentation title here / November 2010

Scottish Government

Regeneration Discussion Paper

Richard Slipper, Director, Planning Development and Regeneration

Launch Event - 09 February 2011

GVA

gva.co.ukShort presentation title here / November 2010

Development Viability Basics – and the current

dilemma

gva.co.ukShort presentation title here / November 2010

Development Viability Advice

gva.co.ukShort presentation title here / November 2010

The Residual CalculationEstimated land value for a completed development:

Gross Development Value

less Build costsless Feesless Finance Costsless Profit

= Residual Amount/value

gva.co.ukShort presentation title here / November 2010

Sensitivity Test: Time delay/added costs

gva.co.ukShort presentation title here / November 2010

Falling Values: The Distress Test

Disproportionate effect

gva.co.ukShort presentation title here / November 2010

The Seizure

Funds In ……and….. Occupier Take Up

gva.co.ukShort presentation title here / November 2010

Development and Infrastructure – the

problems in the industry

gva.co.ukShort presentation title here / November 2010

First Principles: Good masterplanning/design in principle

gva.co.ukShort presentation title here / November 2010

Fair/reasonable Connections = Fair Obligations

gva.co.ukShort presentation title here / November 2010

Beyond reasonable? Test tolerances?

gva.co.ukShort presentation title here / November 2010

Development and

Infrastructure – the solutions in

partnering

gva.co.ukShort presentation title here / November 2010

The Paradigm Shift

Pay before you start

Pay as you sell

Plot Tariffing

Public/Private Sector Borrowed?

gva.co.ukShort presentation title here / November 2010

Place Selection•

Accessible•

Accessible

• Services• Services

• Will go there• Will go there

• Will build there• Will build there • ‘Total Place’• ‘Total Place’

• Will invest• Will invest

• Desirable• Desirable

• Low carbon• Low carbon

gva.co.ukShort presentation title here / November 2010

Development Funding - Key Elements

gva.co.ukShort presentation title here / November 2010

1. Blanket Area

2. Measured

3. Central

4. Negotiated

5. Innovative

4

5

2

3

1?

An Emerging Typology

gva.co.ukShort presentation title here / November 2010

Central Model

gva.co.ukShort presentation title here / November 2010

Measured Charges Model

gva.co.ukShort presentation title here / November 2010

Scottish Government – Development Delivery – Summary of Actions