More investment in Gloucestershire’s future?
Gloucestershire County Council is seeking views on its draft Infrastructure Recovery Strategy (IRS) which aims to provide additional funding to support growth and jobs in the county.
In March 2020, the Government announced that the county council’s bid to Homes England’s Housing Infrastructure Fund (HIF) to finance the upgrade of Junction 10 of the M5 had been successful. Since then, plans have been accelerated to build the junction which will give access from the motorway both northbound and southbound into Cheltenham.
The new junction will support areas identified for housing north and west of Cheltenham in planning policy documents such as the Joint Core Strategy. The junction will also open up employment land, boosting economic growth and providing more jobs, as well as helping to improve local roads for the benefit of the entire county.
The county council, in line with Homes England’s policy, is committed where possible to recovering funds from development sites that benefit from forward-funding and to producing an Infrastructure Recovery Strategy (IRS) to achieve this. This IRS would generate funds for future investment from developments benefiting from the M5 J10 Improvements Scheme.
The funds recovered will help to unlock additional housing elsewhere in the county by being used to invest in the necessary infrastructure such as improvements to roads and public transport.
The IRS will aim to seek a recovery fee during the section106 negotiation stage of planning applications.
Although currently focussed on M5 J10 the Infrastructure Recovery Strategy will also be used to recover funds from developments across the county in the future which benefit from Government funded infrastructure.
As part of the adoption process GCC are consulting on the IRS so that responses can be fed into developing it for adoption by the council later in 2021.
The consultation will run for 6 weeks from the 28 January until the 11 March 2021.
Councillor Nigel Moor, cabinet member for environment and planning said, “The Infrastructure Recovery Strategy paves the way for future investment to support employment and growth in our county through improvements to pavements, cycle ways and public transport, as well as roads. It will underpin Gloucestershire’s future push to protect and grow local jobs and provide high quality homes as we recover from the pandemic.”
You can read the Infrastructure Recovery Strategy and take part in the consultation online here.
You can also email email@example.com if you have any questions about the proposed Infrastructure Recovery Strategy.