SEE: Regeneration: 4.A11C
- Created by: MaggieNaylor
- Created on: 17-03-22 11:31
View mindmap
- 4.A11C: Stakeholders in urban regeneration
- Funding
- Public
- Government funded, usually used for big projects that are not profitable
- E.g. infrastructure, major national events, health services
- 2012 Olympic Games
- + Good as provides services where they are needed, not where they will make a profit
- - Can be slow and inaccurate with budgeting and delivery
- Private
- Used when an investment will lead to major profit
- E.g. technology investment, shopping centre like Westfield
- It is profit-driven so usually energetic and creative, but serves the interests of the company not the public
- Used when an investment will lead to major profit
- Public/private
- Mix of gov and private companies
- Used where cost is high but can still be shared with private sector
- E.g. housing healthcare, London Docklands regeneration
- Public
- London 2012 Stakeholders
- Central government
- London Legacy Development Corporation
- Success: use of venues post 2012, increased employment, increased housing
- Local government- elected councils
- Tower Hamlets, Newham, Hackney, Waltham councils
- Success: regeneration post 2012
- Regional gov- London Assembly
- Mayor + Assembly responsible for ensuring transportation was effective
- Success: effective transport, supporting economy/housing post 2012
- Local economy/people
- 5,000 people employed on the site of the games, they needed to be compensated
- Local residents also needed to be compensated- success would be little disruption
- 5,000 people employed on the site of the games, they needed to be compensated
- Environmental
- Deindustrialisation had caused derelection
- Success: clean up of area, more green spaces, reduced dereliction
- Deindustrialisation had caused derelection
- Central government
- Funding
Comments
No comments have yet been made