Medway Local Plan (Regulation 18, 2023)
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Medway Local Plan (Regulation 18, 2023)
5.46
Representation ID: 1237
Received: 30/10/2023
Respondent: Railfuture Ltd
We commend an innovative financing model, Land Value Capture, as a tool to re-ignite the essential rail development project. It has been pioneered on the Northumberland Line, another freight-only line which lost its passenger services in 1964, nearing completion of its 18-mile upgrade with six new stations for new passenger services supported by c.30% financing through Land Value Capture – which operates independently from developer contributions via Section 106 and Community Infrastructure Levy funding. It is in our view critically important to avoid an over-reliance on highway-based infrastructure interventions to provide the additional capacity required to meet new travel demand.
We commend an innovative financing model, Land Value Capture, as a tool to re-ignite the essential rail development project. It has been pioneered on the Northumberland Line, another freight-only line which lost its passenger services in 1964, nearing completion of its 18-mile upgrade with six new stations for new passenger services supported by c.30% financing through Land Value Capture – which operates independently from developer contributions via Section 106 and Community Infrastructure Levy funding. It is in our view critically important to avoid an over-reliance on highway-based infrastructure interventions to provide the additional capacity required to meet new travel demand.
Comment
Medway Local Plan (Regulation 18, 2023)
5.54
Representation ID: 1238
Received: 30/10/2023
Respondent: Railfuture Ltd
We share the concerns alluded to in the closing sentence of paragraph 5.54.
We share the concerns alluded to in the closing sentence of paragraph 5.54.
Comment
Medway Local Plan (Regulation 18, 2023)
5.60
Representation ID: 1240
Received: 30/10/2023
Respondent: Railfuture Ltd
It is especially important to avoid an over-reliance on highway-based infrastructure interventions to provide the additional capacity required to meet new freight traffic demand in view of the more polluting and environmentally-damaging impacts of HGVs.
It is especially important to avoid an over-reliance on highway-based infrastructure interventions to provide the additional capacity required to meet new freight traffic demand in view of the more polluting and environmentally-damaging impacts of HGVs.
Comment
Medway Local Plan (Regulation 18, 2023)
5.61
Representation ID: 1241
Received: 30/10/2023
Respondent: Railfuture Ltd
A commitment to re-ignite the Hoo Peninsula Railway development project as we have advocated after paragraph 5.46 would, in our view, afford the opportunity to improve the freight service offer for the Employment Sites identified and thereby maximise the value and benefits to be derived from that rail transport infrastructure investment.
A commitment to re-ignite the Hoo Peninsula Railway development project as we have advocated after paragraph 5.46 would, in our view, afford the opportunity to improve the freight service offer for the Employment Sites identified and thereby maximise the value and benefits to be derived from that rail transport infrastructure investment.
Comment
Medway Local Plan (Regulation 18, 2023)
5.62
Representation ID: 1243
Received: 30/10/2023
Respondent: Railfuture Ltd
The potential of third-party funding through Land Value Capture contributing to meeting 30% or more of project costs opens up the additional possibility of wholly new infrastructure in neighbouring Gravesham District both to enable more efficient freight operations avoiding Hoo Sidings and also much-improved connectivity for new rail passengers with direct links to the Medway Towns and potentially beyond, each supporting environmentally-beneficial mode shift to rail.
The potential of third-party funding through Land Value Capture contributing to meeting 30% or more of project costs opens up the additional possibility of wholly new infrastructure in neighbouring Gravesham District both to enable more efficient freight operations avoiding Hoo Sidings and also much-improved connectivity for new rail passengers with direct links to the Medway Towns and potentially beyond, each supporting environmentally-beneficial mode shift to rail.
