Enterprise Zone Consultancy Advice - Cushman & Wakefield

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Enterprise Zone Consultancy Advice


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The Challenge

Cushman & Wakefield was appointed by DCLG to provide Enterprise Zone related property consultancy advice with the aim of accelerating delivery within the EZs. This involved a framework appointment with services delivered both directly to DCLG and to The LEPs / local authorities providing new zones in the Midlands, North East, North West and South East.

The Solution

Our role included:
  • Advising DCLG directly of progress in each of the EZs
  • Project managing the local delivery of site specific advice,
  • Engaging with stakeholder promoting each of the zones to identify and address barriers to delivery
  • Advising on the marketability of sites to target and attract occupiers and investors.
  • Preparation of financial models demonstrating effective use of TIF machinery.
  • Advise across full range of intervention measures, delivering and funding routes to effect new development.
  • Scenario modelling to select preferred mixture of interventions and development of EZ invest plans.
  • Advice on governance and management, including preparation of policy documents and Memorandum of Understanding (MOU) between stakeholders.

The Results

Cushman & Wakefield was able to assist with the preparation of investment plan for 14 of the first wave of new EZs.

These identified a broad range of established and innovative intervention measures serving to acceleration development within the zones.


We also assisted in agreeing funding and delivery procedure and governance arrangements for multi-stakeholder zones.

CONTACT

Andrew TC Smith

Andrew TC Smith,
Head of Public Sector Advisory,
Senior Director
+44 (0)113 233 7306

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Team

For more information on the service(s) provided as part of this case study, please visit the Public Sector Advisory team pages.

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