Analysis of employment potential and skills requirements at impact investment locations

20 Impact Investment Locations have been identified in the West Midlands by the Joint Strategy & Investment Board. These are areas in which investment in economic development, regeneration and transport should be concentrated to support regional economic growth. For more information on Impact Investment Locations see the West Midlands' Regional Funding Advice to Government (pdf, 2.64mb)

This research project assesses the potential for job creation and associated demand for skills at 15 of the 20 Impact Investment Locations. The locations selected were deemed to have made the most progress to date.

Map showing locations of Impact Investment Sites in West Midlands

View full size map with key (jpg, 119kb)

Read the summary reports

Published 13th July 2010

Each report highlights potential for job creation by sector, occupation, skill level and timeframe. The number shown alongside each location corresponds to the site location on the map.

1 Ansty

3 Bilston Urban Village (pdf, 1.08mb)

6 Coventry City Centre/​North (pdf, 1.57mb)

Analysis for the ten 'quarters' of Coventry City Centre/​North:

 

7 Dudley town centre/​Brierley Hill (pdf, 1.12mb)

8 Eastside, Birmingham (pdf, 1.08mb)

9 Edgar Street Grid, Hereford (pdf, 1.5mb)

10 i54 (pdf, 2.1mb)

12 Longbridge/​South West Birmingham Corridor (pdf, 761kb)

13 Birmingham Gateway (pdf, 147kb)

14 North Solihull Regeneration (pdf, 154kb)

Analysis for five clusters in North Solihull Regeneration:

 

17 Telford town centre (pdf, 100kb)

18 Walsall Waterfront/​housing regeneration (pdf, 111kb)

19 West Bromwich town centre (pdf, 129kb)

20 Wolverhampton City Centre (pdf, 487kb)

University Quarter, Stoke (pdf, 119kb) -​ not mapped

University Quarter additional jobs (pdf, 90kb)

Chatterley Valley (pdf, 1.71mb) -​ not mapped. Chatterley Valley is not an impact investment location. However, due to its importance as a key location for inward investment and the significant progress made to date with the development, it merited inclusion in this study.

How the research was carried out

Consultant Reiver 128 were appointed to carry out this research. The work started in December 2009 and was completed in July 2010.

Here's a summary of the research stages carried out for each Impact Investment Location.

Stakeholder engagement

This involved an interview with site lead/​manager(s) to identify the size, usage and timing of each element of the Impact Investment Location development.

Skills analysis

This stage identified key sectors in which jobs are likely to be created directly by employers locating on the site and the likely occupational and skills profile.

The analysis is based on the Working Futures forecasting model developed by Cambridge Econometrics and the Warwick Institute for Employment Research.

Draft analysis and report for each site under consideration

This was reviewed with site lead/​manager(s) to incorporate their views, which provided a rich source of qualitative information and a ‘reality check’ on the analysis.

Summary reports

A set of summary reports (available to download above) covering each of the 15 locations were produced in collaboration with the Observatory. The reports highlight potential for job creation by sector, occupation, skill level and timeframe.

Overview report

Published 27th September 2010

The overview report (pdf, 454kb) summarises the overall impact of all the sites covered in the research in terms of potential job creation by sector, occupation and skill level, a timeline for job creation and analysis by sub-​region. Again, this report was produced in collaboration with the Observatory.

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