Economic Case: Best Practice Annex B - Development
This annex to our Economic Best Practice guide provides additional guidance on how to quantify and monetise economic benefits related to development and land-based interventions.
This short guide is supplementary to the Economic Case: Best Practice Guide, and provides additional information on how to quantify and monetise economic benefits related to development and land-based interventions, primarily residential, commercial and/or mixed-use development.
The step-by-step guide on estimating economic benefits covers:
Tools and resources
Identifying market failures
Identifying economic benefits
How to calculate economic benefits
Site-specific LVU
Wider LVU
Public realm improvements
Case study
Key considerations