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Economics / Appraisal / BCR, Planning / Land use / LDFs, Greater London
‘Reform appraisal to aid regeneration’
Transport for London is calling for changes to transport appraisal to allow projects that open up brownfield land to be justified. TfL says the current emphasis on time savings does not facilitate a strong business case for schemes that open up brownfield land for development. “Because brownfield sites have few existing trips very little time savings arise from schemes that connect these locations,” it says. “This creates an impossible situation: the land is difficult to...
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