Unlocking the adaptive re-use potential of industrial heritage (NP 235) [PCR 2015] - AWARD
Reference ocds-b5fd17-dd0d5e48-df31-4e1e-9cd6-0e5fa320139d · Historic England
Awarded to Ove Arup & Partners Limited for £19,920.
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Description
In the Levelling-up and Regeneration Act 2023 (LURA), a power was introduced to allow for the assessment of compensation for the value of land taken by compulsory purchase to ignore values attributable to the prospect of planning permission ('hope value') in certain circumstances. Directions to remove hope value can facilitate the acquisition of land at existing use value for provision of housing, development or regeneration schemes where they include public sector-led affordable or social housing, health or education uses, and where it is justified in the public interest. The overall aim of the research is to answer the following question: 'To what extent does the combination of newly available government capital investment funding and the new LURA powers create a new opportunity for local leaders, with appropriate support from national agencies, to drive growth using industrial heritage assets? The research objectives are: o to analyse the new compulsory purchase powers and how they would apply to heritage assets such as mills and warehouses that are lying redundant or under-used but offer sustainable growth opportunities; o to consider the rel…
Awards
| Awarded to | Amount | Date |
|---|---|---|
| Ove Arup & Partners Limited | £19,920 | 14 February 2025 |
Official publications
| Medium | Reference | Date |
|---|---|---|
| FTS | 81273d72-67dc-43de-8fe0-8e0214207254-827271 | 18 February 2025 |
| Contracts Finder | 81273d72-67dc-43de-8fe0-8e0214207254-827271 | 18 February 2025 |
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