Different Types Of Regeneration

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  • 1. Different Types of Regeneration Urban Development Corporations & City Challenge
  • 2. Urban Development Corporations (UDCs)
    • They were set up to regenerate selected inner city areas with large amounts of derelict land/vacant land. This is known as property led regeneration. They were given planning powers over & above local authorities & were given public money to spend on buying land, building infrastructure and then private attracting investment. Idea that private investment would be 5x greater than public money.
    • Run by a board, made up mostly by local business community.
  • 3. Criticisms
    • New employment inadequate or inappropriate.
    • If unsuccessful & land fell in value – huge amounts of money lost if no one wanted to invest in the area.
    • Local authority not involved so no accountability.
    • Local people not involved & many felt excluded.
  • 4. CASTLEFIELD MANCHESTER
  • 5. Solutions
    • Established in 1987 the Tyne & Wear development Corporation ( government funded agency) charged with task of regenerating 50km of riverside in the NE of England.
    • Invested millions of pounds acquiring and clearing derelict land, laying on new infrastructure and setting up major schemes.
  • 6. Aims of the TWDC
    • Create new business districts/ modern office developments.
    • Increase employment & introduce training schemes.
    • Revive riverside – create new homes and leisure facilities.
    • Improve the environment – landscape, cycle ways walkways.
  • 7. Projects
    • Newcastle Business park
    • Cost £140 million.
    • 25ha devleopment of modern offices, in landscaped river setting.
    • Total employment
    • exceeds 4,000.
  • 8. Newcastle Arena
    • Built on former railway goods yard.
    • New 10,000 weather stadium holds major pop concerts.
  • 9. Newcastle Quayside
    • The derelict Quayside area has been transformed into a new business quarter with high quality offices, pubs, restaurants, leisure facilities, new homes & hotels. The cost of the project £170 million.
  • 10. Mexican Restaurant Chamber of Commerce Law courts Estate agents Flats
  • 11. Pubs Restaurants
  • 12. Old Fish Market converted into Sea Night Club Castle Keep
  • 13. Malmaison 4* Hotel La Tasca – Spanish Restaurant Est Est Est – Italian Restaurant Pitcher & Piano Bar
  • 14.
    • 1)The Question is; did it help those people in need?
    • For example, the residents of Scotswood, where unemployment was 50%
    • 2)What happened to the old offices, where companies like BT, were located until they moved to the Quayside?
  • 15. City Challenge Partnerships
    • To gain funding a local authority had to come up with an imaginative project and form a partnership in its local inner city area with the private sector and local communities. The partnership then submitted a 5 year plan to the government in competition with other inner city areas.
    • Better the UDCs?
  • 16. Successful?
    • Quality of proposals improved – more imaginative ideas.
    • Local authorities now began to identify problems & solutions to these.
    • Should it be allocated in regards to needs, rather than competitive advantage.
    • Neighbouring authorities competed against each other rather than working together.
    • All bids were awarded the same amount of money – rather than according to need.
    • 40,000 houses improved, 53,000 jobs, 3,000 new businesses & 2,000ha derelict land reclaimed.