NLP assessed the economic requirements for land and premises across the City of Manchester to inform the emerging Local Development Framework. The study was carried out at a time (2009) when the future direction of the economy was uncertain due to recession, and the work needed to get to grips with the City’s dynamic urban property market.
The study applied econometric forecasts with sensitivity testing and other forecasting methods to model the potential implications of economic uncertainty. It examined how shifts in economic structure and other factors, such as Manchester Airport (now a designated Enterprise Zone), drive requirements in different parts of the city.
Rather than applying the inputs of just one property agent, NLP engaged a wider range of property stakeholders to secure a more rounded perspective. The study examined the potential for so-called ‘landless’ employment growth, including through higher densities and changing working practices.
Manchester City Council commented that:
We are confident that the study will be a vital and reliable piece of evidence. NLP has worked hard to ensure that the study will recognise the contribution of ‘landless growth’ to the development of Manchester