Benefits for Sheffield
Employment
opportunities and Community benefits
Economic Impact
The recently launched Sheffield Economic Masterplan seeks to create a step change for economic development in Sheffield. It is intended to deliver on three key themes based around the guiding principle of sustainable development:
- Productive and Competitive Businesses
- Economic Inclusion and Participation
- Creating the Conditions for Sustainable Economic Growth
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British Land’s proposals to regenerate the River Don District will have a positive impact on the local communities and the City of Sheffield. These proposals will make a substantial contribution towards realising the objectives of the Economic Masterplan.
- Approximately 5,000 jobs targeted at a range of skills
- 1,000 jobs during construction
- Over £300 million of private sector investment into Sheffield’s economy
- Training opportunities and employment initiatives for local people in co-operation with Sheffield City Council and The Source
- Up to 1,300 new homes provided in a mix of tenures, types and
affordability
- New community, local retail and leisure facilities
- Estimated regional economic benefit of £180m per annum
- A diverse employment location to provide office types that will complement Sheffield City Centre
- Helping maximise the economic benefits of the Lower Don Valley and the Sheffield-Rotherham ‘Economic Zone’
- Assist in the delivery of the Housing Market Renewal Strategy
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