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Peel submits LEP plan

Developer cites Atlantic Gateway as ‘key’ regeneration policy

Published on September 3rd 2010.


Peel submits LEP plan

Peel Group has launched a bid to become a Local Enterprise Partnership based on its £50bn Atlantic Gateway regeneration scheme.

Peel's submission to HM Government explains that a specialist LEP, driven by the private sector can deliver £75bn net additional GVA and over 130,000 net additional jobs.

The scheme would see Peel develop land along the Mersey and the Manchester Ship Canal and could effectively override the planning authorities in Manchester and Liverpool.

In a statement, Peel said: "The Peel Group has responded to the Department for Communities and Local Government's request for proposals for Local Enterprise Partnerships.

Peel has based its submission on the existing Atlantic Gateway Framework which had the support of local authority partners and key stakeholders and is included in the Future North West document.

"Peel has a number of key infrastructure projects at various stages of development. In order to deliver the full employment and regenerative value of these projects they need the support of a broad regeneration policy. As this no longer exists with the abolition of the Regional Strategy, it is therefore very important that the Atlantic Gateway concept is adopted and considered nationally as a key policy to address economic growth outside of the South East. A substantial cross boundary economic policy is required to help encourage new business investment in the North from international investors as well as indigenous investors such as the Peel Group.

"Peel's submission to HM Government explains that a specialist LEP, driven by the private sector can deliver £75bn net additional GVA and over 130,000 net additional jobs.

"Peel also consider that some key sectors of the economy need to be considered at the Atlantic Gateway scale, these include utilities, logistics, waste, energy and green infrastructure.

"The Peel submission also describes a 1% levy on Atlantic Gateway developments to help fund a community environment fund to support locally based environmental projects that help improve and engage communities.

"Peel look forward to developing these ideas with partners and Government through the forthcoming months."

The move will send shockwaves through Manchester City Council. Sir Howard Bernstein, chief executive of the council, has publicly criticised the scheme in the past.

All LEP bids have to be submitted by 6 September.

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5 comments so far, continue the conversation, write a comment.

NeedtoknowbasisSeptember 4th 2010.

Peel are staggeringly arrogant. They are a company not a quasi-governmental body. LEPs should me kept free of control from a single commercial body.

echoes the above commentSeptember 5th 2010.

exactly. how much power can one organisation have? Where is the democratic control and input?

James11364September 6th 2010.

This is the Great Society in action. Go to Pickles and you get Peel.

James11364September 6th 2010.

Incidentally is that Peel's map? Cheshire as an admin area does not exist any more, and is now two unitary authorities East and West Cheshire.

Peel SpokesmanSeptember 7th 2010.

Sounds like a great Idea to me

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