Different Types Of Regeneration


Published on

Published in: Technology, Business
1 Like
  • Be the first to comment

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide

Different Types Of Regeneration

  1. 1. Different Types of Regeneration Urban Development Corporations & City Challenge
  2. 2. Urban Development Corporations (UDCs) <ul><li>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. </li></ul><ul><li>Run by a board, made up mostly by local business community. </li></ul>
  3. 3. Criticisms <ul><li>New employment inadequate or inappropriate. </li></ul><ul><li>If unsuccessful & land fell in value – huge amounts of money lost if no one wanted to invest in the area. </li></ul><ul><li>Local authority not involved so no accountability. </li></ul><ul><li>Local people not involved & many felt excluded. </li></ul>
  5. 5. Solutions <ul><li>Established in 1987 the Tyne & Wear development Corporation ( government funded agency) charged with task of regenerating 50km of riverside in the NE of England. </li></ul><ul><li>Invested millions of pounds acquiring and clearing derelict land, laying on new infrastructure and setting up major schemes. </li></ul>
  6. 6. Aims of the TWDC <ul><li>Create new business districts/ modern office developments. </li></ul><ul><li>Increase employment & introduce training schemes. </li></ul><ul><li>Revive riverside – create new homes and leisure facilities. </li></ul><ul><li>Improve the environment – landscape, cycle ways walkways. </li></ul>
  7. 7. Projects <ul><li>Newcastle Business park </li></ul><ul><li>Cost £140 million. </li></ul><ul><li>25ha devleopment of modern offices, in landscaped river setting. </li></ul><ul><li>Total employment </li></ul><ul><li>exceeds 4,000. </li></ul>
  8. 8. Newcastle Arena <ul><li>Built on former railway goods yard. </li></ul><ul><li>New 10,000 weather stadium holds major pop concerts. </li></ul>
  9. 9. Newcastle Quayside <ul><li>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. </li></ul>
  10. 10. Mexican Restaurant Chamber of Commerce Law courts Estate agents Flats
  11. 11. Pubs Restaurants
  12. 12. Old Fish Market converted into Sea Night Club Castle Keep
  13. 13. Malmaison 4* Hotel La Tasca – Spanish Restaurant Est Est Est – Italian Restaurant Pitcher & Piano Bar
  14. 14. <ul><li>1)The Question is; did it help those people in need? </li></ul><ul><li>For example, the residents of Scotswood, where unemployment was 50% </li></ul><ul><li>2)What happened to the old offices, where companies like BT, were located until they moved to the Quayside? </li></ul>
  15. 15. City Challenge Partnerships <ul><li>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. </li></ul><ul><li>Better the UDCs? </li></ul>
  16. 16. Successful? <ul><li>Quality of proposals improved – more imaginative ideas. </li></ul><ul><li>Local authorities now began to identify problems & solutions to these. </li></ul><ul><li>Should it be allocated in regards to needs, rather than competitive advantage. </li></ul><ul><li>Neighbouring authorities competed against each other rather than working together. </li></ul><ul><li>All bids were awarded the same amount of money – rather than according to need. </li></ul><ul><li>40,000 houses improved, 53,000 jobs, 3,000 new businesses & 2,000ha derelict land reclaimed. </li></ul>