London Docklands Development Corporation

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Decline

  • 1960's, larger vessels could not access the upper docks e.g. St Katherines Dock, compotition from deep water docks + fewer jobs from mechanisation
  • Decline of port industries: East London lost 150000 jobs between 1996-1997 (20%)
  • Unemployment was accompanied with population decline, (30% 1971-1981)
  • Poor housing: by 1981 80% lived in poor quality high-rise coucil flats or houses. 
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Property led regeneration

  • Social success; 8000 homes refurbished, owner occupied homes increased by 35%, post 16 college built, national indoor sports centre opened, Surrey Quays shopping cenre and Excal exhibition centre opened and 120,000 jobs generated with a unemployment decrease of almost half.
  • Economic success; Government funded the Isle of Dogs Enterprise Zone encouraging private investment (6x as much money attracted), London city airport constructed and railway, Canary Wharf, Telegraph and New York stock exchange.
  • Environmental; 160000 trees and 17 conservation areas Thames Barrier Park
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Limitations

  • Local resentment; no say in development
  • Many new hi-tech jobs not suitable for skills of East End Doc workers
  • Failed to bring wealth to the locals
  • Yuppie newcomers have pushed house prices up, 2 bedroom flat in canary wharfe in 2011 was bwtween 400000 and 1 million
  • Multiple deprivation, life expectancy drops by 9 years from Central London to Strarford..
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