Funding Infrastructure, N Falk

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Funding Infrastructure, N Falk

  1. 1. FUNDING INFRASTRUCTURE:What can we learn fromContinental Europe?Dr Nicholas Falk,Founding Director, URBEDwww.urbed.cooppostcardfromthefuture.wordpress.com
  2. 2. MY PRESENTATION WILL:1. Compare the UK and the Continent2. Illustrate some smarter growth success stories3. Suggest why we should learn from the French4. Propose keys to moving forward
  3. 3. 1. Cutting travel times to work2. Making living in towns more attractive3. Boosting useful work and incomes4. Improving air qualitySmarter growth meansThe Competitive Challenge:
  4. 4. RAPID TRANSIT LAGs BEHINDThe Competitive Challenge:Tram systems MetrosUK 5 (+1 under construction) 4France 23 (+4 under construction) 5Germany 54 16Source Urbanrail.netFrance now has five times more light rail systems than the UK and ten times thelength (in 1980 we were equal). Below Leipzig, Germany.
  5. 5. WE LACK STRATEGIC PLANSThe Competitive Challenge:1. Over £50 million spent on advance work on LeedsSupertram over 20 years2. Cost over-runs in Edinburgh – the utilities issueespecially3. Low revenues due to lack of house-building in Croydon4. Stop/start on Manchester link to Rochdale
  6. 6. LILLESOME CONTINENTAL SUCCESS STORIES:1. Modernising former textile towns2. Linked up to the TGV with modern trams and the two VALmetro lines
  7. 7. LILLESOME CONTINENTAL SUCCESS STORIES:3. Repositioned from run-down industrial city to Europeanservices hub4. ‘Metropolitan compromise’ with 85 authorities led by theMayor of Lille
  8. 8. MONTPELLIERSOME CONTINENTAL SUCCESS STORIES:1. Turning an ancient university town into a moderntechnopole2. The tramways give the city a modern Mediterraneanimage
  9. 9. MONTPELLIERSOME CONTINENTAL SUCCESS STORIES:3. Pedestrianised medieval centre with trams very visible onthe centre but (but parking underground)4. High tech businesses and new housing developed alongthe four lines
  10. 10. FREIBURGSOME CONTINENTAL SUCCESS STORIES:1. Cutting car dependence and creating attractiveneighbourhoods2. Trips by public transport doubled since 1984 with car usestatic
  11. 11. FREIBURGSOME CONTINENTAL SUCCESS STORIES:3. Bombed historic centre and tram system completely rebuilt4. Planned extensions allowed the city to grow in asustainable way
  12. 12. UTRECHTSOME CONTINENTAL SUCCESS STORIES:1. A well-connected polycentric growth city region – firmstrategies for housing and transport2. Smaller historic towns like Amersfoort have builtsustainable urban extensions e.g. Vathorst
  13. 13. UTRECHTSOME CONTINENTAL SUCCESS STORIES:3. New towns like Houten are considered among the bestplaces to live (thanks to the public realm) trebling in sizesince the 1980s
  14. 14. investing in the ‘urbancommon wealth’ pays offTHE FRENCH MODEL OF SMARTER GROWTH:1. Smart young people come to study and work
  15. 15. investing in the ‘urbancommon wealth’ pays offTHE FRENCH MODEL OF SMARTER GROWTH:2. They stay because housing is more affordable
  16. 16. investing in the ‘urbancommon wealth’ pays offTHE FRENCH MODEL OF SMARTER GROWTH:3. Cities benefit from rising land values
  17. 17. investing in the ‘urbancommon wealth’ pays offTHE FRENCH MODEL OF SMARTER GROWTH:4. Investors benefit from inflation-proofed revenue streamsPublic investmentbank; Caisse desDepots in Francedelivers 133,000affordable homes in2011
  18. 18. Planning, development andfinance form an escalatorTHE FRENCH MODEL OF SMARTER GROWTH:7. DUP (Declaration d’Utilite Publique)6. CNDP (National Commission for Public Debat5. Zone d’Amenagement Concerte (ZAC)4. Contrat de Development Territorial3. Plan des Deplacements Urbaines (PDU)2. Schema Directeur1. Contrat de Ville
  19. 19. Local leadership helpsresolve conflictsTHE FRENCH MODEL OF SMARTER GROWTH:1. Municipal/National Champions (Pierre Mauroy, GeorgeFrêche)
  20. 20. Local leadership helpsresolve conflictsTHE FRENCH MODEL OF SMARTER GROWTH:2. Integrated strategic plans (Le Grand Paris - A network ofnew tramways is reinforcing the regional express network (RER) andMetro)
  21. 21. Local leadership helpsresolve conflictsTHE FRENCH MODEL OF SMARTER GROWTH:3. Business support and cross-sectoralcollaboration (Plaine Commune, St Denis, Paris )
  22. 22. Financial mechanisms shouldsupport investment, not consumptionKEYS TO MOVING FORWARD:1. Public investment banks to mobilise savingsBNG funds infrastructure inVathorst, Amersfoort, NLKfW funds site acquisition andInfrastructure in Freiburg, Germany
  23. 23. Financial mechanisms shouldsupport investment, not consumptionKEYS TO MOVING FORWARD:2. Public private partnerships or ‘sociétés d’economiemixtes’ and joint venture companies to share the risks(SEMAPA)
  24. 24. Financial mechanisms shouldsupport investment, not consumptionKEYS TO MOVING FORWARD:3. Local taxes/charges to fill the gap(Orestad, Copenhagen)
  25. 25. Financial mechanisms shouldsupport investment, not consumptionKEYS TO MOVING FORWARD:4. Municipal Bonds to package finance(Portland, Oregon)
  26. 26. KEYS TO MOVING FORWARD:strategic planning aimed atsupporting holistic growth1. Enable Local Authorities to raise capital funds
  27. 27. strategic planning aimed atsupporting holistic growthKEYS TO MOVING FORWARD:2. Focus on city regions and transport corridors3. Account for environmental and social as well as economicbenefits – NATA is not enough!4. Use different approaches to regeneration and growth areasImagescourtesy ofJon Rowland(right) andPeterHedicar (left)
  28. 28. WANT TO KNOW MORE:Visit www.urbed.coop for the full SUNN report

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