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JUL
04

Understanding development economics

Date:
Tuesday, 04 July 2017 at 9:30AM - 4:30PM
Venue:
Prospero House (etc Venues), 241 Borough High St, London SE1 1GA
Price:
£349 for RTPI members (From £199 with a season ticket)
 
£199 for licentiate members and independent consultants; £140 for students, unemployed and retired; £449 for non-members. All prices exclude VAT
Organiser:

Economic viability of proposed schemes seems as much of an issue today as it did in the depths of the credit crisis in 2009. Achieving planning objectives whilst meeting market viability requirements do not always sit comfortably together. With the market improving many ask why this is still the case. The Government pro growth agenda is acted out through the planning system.  What has this meant to scheme viability? How do you show the effect of the vacant building credit and scheme size thresholds on viability? How can I work with developers to achieve the optimum solution?  How do I resolve the tension between local policy objective and maintaining viable and deliverable development?

This Briefing and Workshop will enable you to answer these questions and gain an understanding of the economic principles which drive the development industry and impact on the planning process. And finally how the planning and the market can work together to produce mutually acceptable outcomes.

Benefits of attending

Attending this Briefing and Workshop will help you:

  1. Understand why viability matters in the planning process
  2. What guidance exists and how to interpret it
  3. What are the drivers and sensitivities for developers
  4. Understand how to navigate, resolve differences of opinion and negotiate schemes
  5. See how CIL fits in
  6. Know how new affordable housing tenures influence viability

Who should attend?

  • Senior local authority managers whose decisions will affect future development
  • Policy planners and those preparing development plan documents
  • Development management officers and others involved in the development decision making process
  • Councillors with responsibilities for spatial planning and new housing
  • Housing enablers and policy officers
  • Housing association and development industry representatives

 

Briefing & Workshop programme

9.00 Registration and coffee

9.30 Welcome and introduction by the Chair

Robert Fourt, Partner, Gerald Eve

9. 40 Where is the market and where is it going nationally?

Roy Daintith, Kaplan Leadership and Professional Development

10.20 Viability and planning research

Professor Sarah Sayce, Royal Agricultural University

11.00 Coffee and networking

11.20 The surveyor's perspective

12.00 Development Economics and Viability: what the Local Plan Inspector and CIL Examiner need to know

  • Determining and justifying policy requirements in a Local Plan
  • Determining and justifying proposed CIL rates
  • Requirements in terms of Viability Appraisals
  • Some general tips on Viability Issues

Malcolm Rivett, Planning Inspectorate

12.40 Panel discussion

1.00 Lunch

2.00 Legal update

  • Why disclosure is an issue
  • Overview of the law - FOI and EIR
  • Local planning authority policies
  • Case law update
  • Mitigating the risk of disclosure.

Kathryn Hampton, Senior Professional Support Lawyer, Hogan Lovells

2.40  CIL and impact on affordable housing 

Lin Cousins, Three Dragons

3.20 The Planning Practitioner’s experience 

  • The nature of the control over a site
  • Affordable and unaffordable housing
  • What planners can control and what they can’t
  • Cost versus risk

Malcolm Hockaday,Senior Director, Lichfields 

4.00 Panel discussion

4.20 Conclusion by the chair

Robert Fourt

4.30 Close