Project:

Parc Bryn Cegin, Gwynedd

Overview:

This project will develop land for new build employment and business premises.  In doing so, the aim is to attract private sector investment and create opportunities for businesses to relocate and expand. It will also create new job opportunities. Close to the A55 expressway, the site is a convenient location for businesses to be based.

Ambition North Wales is working with Welsh Government to develop this site.

Lead Sponsors:

 

Objectives

Additional GVA

Generate up to £20 million net additional GVA 

Job Creation

Create up to 50 new jobs for the region

New Business Land

Developing 3,000m2 of land suitable for businesses

Investment Targets

£6m

Growth Deal

£0m

Other Public Sector

£0m

Private Sector

£6m

Total Investment

Which stage has the project reached?

Stage01.
Determine the Project context:

The planning phase of the spending proposal. Assessing the strategic context for the project and demonstrating how it provides synergy with other projects within the portfolio.

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Stage02.
Preparing the Strategic Outline Case:

The scoping phase of the project. Making the case for change and identifying the preferred way forward.

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Stage03.
Preparing the Outline Business Case:

The planning phase for the project. Identifying the options that provide value for money, confirming the affordability of the project and determining the arrangements for the successful delivery of the project. 

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Stage04.
Approval of the Outline Business Case:

The Outline Business Case is presented to the North Wales Economic Ambition Board for approval. When approved the procurement phase of the project can begin. 

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Stage05.
Preparing the Full Business Case:

The procurement phase of the project. Recording the findings of the procurement and confirming the management arrangements for the delivery, monitoring and evaluation of the project.  

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Stage06.
Approval of the Full Business Case:

The Full Business Case is presented to the North Wales Economic Ambition Board for approval. When approved the implementation phase of the project can begin. 

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Stage07.
Project Implementation and Monitoring:

The project implementation phase. The Full Business Case is used as a reference point to deliver the project and monitor progress. 

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Stage08.
Project Evaluation:

The post project implementation stage. Evaluating how well the project was delivered and lessons learnt.  The Full Business Case is used to determine the extent the anticipated benefits were delivered and realised.

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Key Members

  • Hedd Vaughan-Evans Head of Operations
  • David Mathews Land and Property Programme Manager
  • Margaret Peters Land and Property Project Manager