Home > Case Studies >
Client
Tobermory Harbour Association
Status
Community Enterprise Company
Project
Social, Environmental and Economic Impact Assessments
Scope
Development of a business case to secure additional funding
Timescale
June – August 2022
In August 2019 THA purchased land at Aros Park Waterfront, 1.5 miles from Tobermory, which includes a pier, slipway and two deteriorating buildings: the former estate sawmill and original boathouse.
Glic was appointed to assess how environmental, social and economic factors can be balanced to make the Aros Waterfront a sustainable development that alleviates the community’s socioeconomic challenges.
What Glic did
We conducted social, economic and environmental impact assessments to identify the benefits and costs that could accrue from developing the Aros site. The HMRC five-case model and optimism bias were considered when developing the recommendations.
Glic identified £2.8 million worth in social benefits over a 10-year period, with positive impacts that include new enterprise opportunities, employment creation, facility improvements and subsequent effects on complementary projects.
THA’s Board is using the business case and recommendations to access c£1.2 million of development funding, and received significant investment from Scottish Government in January 2023.
Anne FraserTobermory Harbour Association
The development of this website is part-funded by the European Regional Development Fund under the 2014-20 Structural Funds Programmes.