The Social Costs and Benefits of A Business Activity - Paddington Basin

... 1 2 THE SOCIAL COSTS AND BENEFITS OF A BUSINESS ACTIVITY - PADDINGTON BASIN 1 INTRODUCTION 4 2 PRESENTATION 5 2.1 NOTES 5 2.2 NOTES AFTER MEETING 5 2.2.1 LOCAL COUNCIL 5 2.2.2 LOCAL BUSINESSES 5 2.2.3 RESIDENTS 6 2.2.4 NWC SCHOOL 6 3 STAKEHOLDERS 7 3.1 LOCAL COUNCIL 7 3.1.1 SOCIAL BENEFITS 7 3.1.2 SOCIAL COSTS 7 3.2 LOCAL BUSINESSES 7 3.2.1 SOCIAL BENEFITS 7 3.2.2 SOCIAL COSTS 7 3.3 LOCAL RESIDENTS 8 3.3.1 SOCIAL BENEFITS 8 3.3.2 SOCIAL COSTS 8 3.4 NWC SCHOOL 8 3.4.1 SOCIAL BENEFITS 8 3.4.2 SOCIAL COSTS 8 3.5 SUMMARY 8 4 ENVIRONMENTAL COSTS AND BENEFITS 9 4.1 PRESSURE GROUPS 9 5 ENVIRONMENTAL LEGISLATION 10 5.1 ENVIRONMENTAL PROTECTION ACT 1990 10 5.2 PLANNING ACT 10 MEETING 11 5.3 NOTES 11 5.4 NOTES AFTER MEETING 12 5.4.1 COUNCIL 12 5.4.2 RESIDENTS 12 5.4.3 BUSINESSES 12 5.4.4 NWCS 12 5.4.5 CHANGES 12 6 ARTICLE 13 7 PUBLIC MEETING 15 7.1 COUNCIL'S VIEWS 15 7.2 RESIDENT'S VIEWS 15 7.3 BUSINESSES VIEWS 15 7.4 NWCS VIEWS 15 7.5 FUTURE CHANGES 15 7.6 IMPACT 16 8 ENVIRONMENTAL IMPROVEMENTS 16 9 RECOMMENDATIONS 17 9.1 ECONOMIC GROWTH 17 9.2 SOCIAL INVESTMENT 17 9.3 EMPLOYMENT 17 9.4 HOUSING QUALITY 17 9.5 TRANSPORT 17 9.6 WATER QUALITY 18 9.7 LAND USE 18 9.8 SUITABILITY 18 10 SOURCES OF INFORMATION 19 10.1 SOURCE 1 20 10.2 SOURCE 2 20 10.3 SOURCE 3 20 Report Social Costs & Benefits - Paddington Basin To: From: Samir Mobasher 3 INTRODUCTION The Paddington Basin development is to take this area to new heights and to make this 'the place to be'. The Paddington Basin regeneration will last for 15 years. In this time, various stakeholders will be affected in some way. This is why research has been conducted on each stakeholder and how he or she feels about the project. The developers' main interest apart from making a profit is to create a new area for Paddington, to regenerate it. They will try

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