Economic impact
As well as providing significant benefits for local people, Alderholt Meadows will provide a significant economic boost to the whole of Dorset in respect of job creation, economic output and increased local expenditure. These benefits have been quantified by leading economic consultant, Litchfield, who have concluded that development at Alderholt Meadows would generate:
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Creation of over 1,095 direct jobs during construction and an additional 1,435 jobs through the local supply chain.
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1,160 jobs created for the long term once the development is operational (564 of which are to be generated directly by the provision of new commercial and community uses)
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A significant economic output of £178m into the local economy per annum during construction and £35.5m additional economic output per annum once the development is occupied
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£20m of local investment through Community Infrastructure Levy and planning contributions
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£35.3m in local expenditure comprising £9.4m first occupation expenditure and an ongoing annual expenditure of £25.9m made by local residents
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£4.6m in ongoing annual Council tax and business rate revenues