Capitalisation of Local Plan development costs?

I am looking into whether the costs of developing your LA's Local Plan can be capitalised. Is it a stretch to suggest that the plan will result in the creation of specific assets (housing) for the benefit of the local area? It would be interesting to speak to anyone with thoughts on the matter or anyone that may have explored this already.

This question is related to the creation of an entire new plan rather than updating a current plan.

Thanks