Assessment of Impact on Existing and Planned Investment

In assessing the impact of the proposal on existing, committed and planned public and private investment, consideration should be given to a range of factors including: • What stage they have reached e.g. are they contractually committed? • The policy 'weight' attached to them (for example, are they a key provision of the development plan?) • Whether there is sufficient 'need' for both? • Whether they are competing for the same market opportunity, or key retailers/occupiers? • Whether there is evidence that retailers/investors/developers are concerned; and • Whether the cumulative impact of both schemes would be a cause for concern.