Chesterfield Canal Trust : Closing the gap

Summary of benefits for a fully restored canal

Benefit	Value of Benefit	Evidence
Employment Created: Temporary Construction Jobs (person years)	1,485 Person Years	Gibb 2001, Ecotec 2007
Employment Created: Long Term Full-Time Equivalent Jobs	1,163 FTE Jobs	Gibb 2001, Ecotec 2007

Property Price & Land Value Premium Property adjacent to restored / new canal Property within 100 m of restored / new canal Property within 500 m of restored / new canal	15 to 25 % increase 10 to 15 % increase 5 to 10 % increase	Gibb 2001 Gibb 2001 Gibb 2001
Property Development Residential units Commercial / industrial m² Leisure m²	2,370 units 111,400 m² 19, 800 m²	Gibb 2001 Gibb 2001 Gibb 2001
Development Investments (over project life)	£73 million	Gibb 2001
Development Revenues (over project life)	£17 million	Gibb 2001
NB: Excludes £310 million Waterside Development Scheme in Chesterfield now approved
Telecommunication & Utility Wayleaves West: Staveley to Killamarsh East: Killamarsh to Kiveton Park	£28,800 per year £19,200 per year	Jacobs 2009

Navigation Activity Benefits (boater spend) Visiting Private Boats Local Private Boats Hire Boats Trip Boats Total	£140,000 per year £200,000 per year £500,000 per year £80,000 per year £920,000 per year	All Gibb 2001 revised in light of Jacobs 2009
Marina Income Benefits (boater spend per year) NE Derbyshire & Chesterfield Marinas: £90,000 Rotherham Marinas: £390,000	£480,000 per year	British Waterways 2007
Paddle-sport Benefits (canoeing & rowing spend per year)	£6920 per year	British Waterways 2008
Angling Activity (visit spend included in visitor spend) West: Staveley to Killamarsh East: Killamarsh to Kiveton Park	£12,000 per year £14,500 per year	British Waterways 2008
General Visitor Expenditure in Economy (includes all income from walkers, cyclists, anglers and general visitors excluding boaters)	£2.2 million per year	Gibb 2001, but see Ecotec 2007
Total Tourism, Leisure & Recreation Expenditure in Economy (i.e. total of above)	£3.62 million per year	as per previous

Health and Well-Being Benefits West: Staveley to Killamarsh East: Killamarsh to Kiveton Park Expressed as potential cost savings to NHS per year.	£0.32 to £3.20 million £0.21 to £2.10 million	Peacock et al 2005, Jacob 2009

This is an extract from the report Next Navigation: Restoration of the Chesterfield Canal between Staveley and Kiveton Park (Chesterfield Canal Partnership 2010) which presents the case for restoration and sets out detailed plans for its achievement. For further information contact Dr Geraint Coles, Chesterfield Canal Partnership Development Manager on 01246 433 186 or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it .