Evidence base documents
Development viability study
The Pendle Development Viability Study (DVS) forms a key part of the evidence base for the Local Plan. The DVS was prepared by Colliers International in 2013. The purpose of the study is to assess the development market conditions in the borough and specifically look at the potential impact of the policies in the Local Plan on the viability of development in the borough.
The study provides a range of economic viability appraisals for different sizes and types of development across the borough. These have been used to help inform the achievability test in the Strategic Housing Land Availability Assessment (SHLAA).
What's happening next?
The Pendle Development Viability Study (DVS) was approved at the meeting of the Full Council on Thursday 25th September 2014.
This document has been used to help inform the preparation of the policies in the Local Plan Part 1: Core Strategy. It can be viewed in the Documents to download section below.
What have we done so far?
In 2009 Fordham Research were commissioned by Burnley and Pendle councils to prepare an Affordable Housing Site Viability Study. This looked solely at the viability of residential sites. This study was updated in 2010 to take account of changing economic conditions and to provide a model for flexible affordable housing targets.
With the introduction of the National Planning Policy Framework, which requires careful attention to be paid to viability in plan-making, it was considered necessary to carry out a wider assessment of development viability.
In addition, after the Core Strategy Publication consultation in October-December 2012 it was decided to take a step back in the process to respond to objections received during the consultation. The opportunity to update some of the Core Strategy evidence base was also taken and this included the preparation of the new Development Viability Study.
The DVS uses transactional data and evidence from stakeholders to present a clear picture of the economic conditions for development in Pendle.