making sense of place economics

Economic impact of major new heritage scheme in York

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17/02/2021

GENECON's economic impact analysis has secured the planning case for a major mixed-use development in York featuring a new Roman visitor attraction as well as more than 200 apartments and office space. GENECON prepared a supporting economic impact analysis quantifying the potential contribution of the scheme to the City economy in terms of additional resident and visitor expenditure and associated employment benefits. GENECON's assessment has demonstrated that the economic value of the scheme outweighs any potential environmental impacts from the scheme. The scheme is recommended for approval by York City Council planners.

The proposed Roman Quarter development is being brought forward by a partnership between North Star and York Archaeological Trust. It aims to regenerate and revitalise Rougier Street, as well as provide a major two-year archaeological dig on the site.

The proposed Roman attraction, which has a working title of Eboracum, would be based on archaeological discoveries from a two-year dig on the site. It would be three times the size of the Jorvik attraction and is aiming to attract 500,000 visitors per year.

The plans also include 211 flats, with a mix of studio, one- and two-bedroom properties, as well as 30,000 sq ft of offices and public realm improvements.