23 When considering a regeneration proposal the following issues should be addressed:
❑ The rationale
This needs to make clear:
❑ Who the intended beneficiaries of the project are;
❑ What are the mechanisms which will extend the benefits to them;
❑ What structural benefits are expected as a result of the project; and,
❑ The means by which these will be achieved.
❑ The objectives
The objectives of regeneration programmes are likely to include improvements in one or more of the following:
❑ Labour supply and skills;
❑ Quality of life;
❑ Physical environment; and,
❑ Local business opportunities.
❑ Outcomes
These should be identified with respect to the relevant intermediate objectives. Regeneration outcomes might include:
❑ Reductions in crime;
❑ Improvements in the capacity of community organisations; or,
❑ Increases in local incomes and employment.
❑ Partnerships
Partnerships between the local community, business and government are important for the sustainability of regeneration projects and the well being of local communities. Most local regeneration projects involve partnerships, and are likely to have some effect on existing institutional relationships. An appraisal should include a description of the partnership and, where possible, its expected impact on the area.