E-Rail asked to consider LVC funding for schemes in Scotland

E-Rail has been commissioned by Glasgow City Council to bring its ground-breaking Land Value Capture (LVC) methodology to a new transport scheme in Scotland.

This adds to a growing portfolio of studies on the applicability of LVC throughout the UK, and after E-Rail successfully worked with Northumberland County Council to secure the first true LVC in the UK, generating up to 25% of the cost of reopening the Northumberland Line.

George Hazel, Director of E-Rail said: “Glasgow City Council has a vision of increased connectivity into and out of the city, as is considering investing in a number of projects to achieve this.

“We need to assess schemes in their infancy to make sure the opportunity for LVC is considered as part of the initial business case process, and that is what we are doing here. It’s good to now be working in Scotland, building on the work we have already delivered on transport schemes in the North East of England.”