EQ3-Regeneration Flashcards
Olympic Park stakeholders: UK govt agency (national)
mainly oversee legacy development use venues, employment+ housing
Olympic Park stakeholders:local govts- elected council
4 boroughs want regeneration continue but no planning control
Olympic Park stakeholders: regional govt- London assembly
Supporting expansion housing+ econ (E Ldn) after
Olympic Park stakeholders: local econ
Former businesses benefit?
Olympic Park stakeholders: stakeholders in people
Former population benefit?
Olympic Park stakeholders: environ
Benefit environ?
CS Olympic park Soc changes
-athletes village-> East Village almost half of 2,818 new homes =affordable
-eventually Olympic Parkland-> 5new neighbourhoods housing 8,000
-new skl Chobham Academy opened up in grounds of park cover all lvls education (as shortage skls)
-aquatic centre uses 50m pools facilities community, skls+ elite athletes
-unemployment overall Ldn fell during
HOWEVER: affordable housing athletes village not acc benefit poorest households as £60,000yr qualify less units than proposed on site low income residents 450 flats relocated soc housing across Ldn wasn’t honoured, v few jobs created local ppl+ increase houses pushing ppl out
CS Olympic park econ changes
-new infrastructure Stratford got Tube station making it second most connected part of Ldn
-brought £9bn inv E Ldn most in transport+ est olympics generate £10bn extra revenue econ
-all venues sold e.g. £300m media centre
HOWEVER: total bill £5bn over budget at £8.77bn tax payer money, existing businesses moved (H. Forman Sons, salmon smoking factory employing 50))+ rents+ house prices gone up
CS Olympic Park environ changes
-new greenery+ landscape cleaned up built largely 560 acres brownfield unused and contaminated (dereliction) w new wetlands+ woodlands w 4,000 trees (improved quality river Lea) more species
-stadiums made up at least 25% recycled material
HOWEVER-games produced 3.3m tonnes CO2
Success (UK central govt agency+ Regional govt Ldn assembly+ Local govts elected council
- unemployment reduced over period
- aquatic centres uses 50m pools facilities for communities, skls elite athletes
- eventually whole Olympic Park become 5 new neighbourhoods 8,000ppl
Success (environ stakeholders [agree central, regional])
-new greenery+ landscape cleaned up built largely 560 acres brownfield unused and contaminated (dereliction) w new wetlands+ woodlands w 4,000 trees (improved quality river Lea) more species
Not success disagreements (stakeholders in ppl)
- increase house prices pushing ppl out
- lack ‘affordable’ new homes less than promised those earning £60,000yr qualify+ on site low-income residents 450flats relocated across Ldn, promise not kept
- cost £5bn over budget-> £8.77bn tax payers money
Not success disagreements local econ stakeholders
- former industrial estate 207co’s employing 5,000 but still objections face longer commute
- H. Forman Sons, salmon smoking factory employing 50 relocated
- rents+ house prices gone up
CS Cornwall (rural) econ
- objective 1 1999-2007 580 projects backed matching funding to reduce risks new businesses w £230m
- diversifies econ unique Extreme Sports Academy (surfing etc)+ run hotel employ 50-60 + next door ‘Fifteen’ Jamie Oliver restaurant boost tourism (Watergate Bay, Newquay)
- ‘student econ’ Falmouth form Combined Unis(Exeter+Falmouth+Truro+Penwith College) (2005->) = healthy property+ rental market+ thriving evening econ bars+ restaurants+ graduates better skilled set up businesses cut ‘Cornish brain drain’ (knowledge econ)
- wave hub earn £75m over 25yrs +170jobs (new wave power industry)
- super fast broadband(largest rural fibre optic broadband/network 95% 2016) independent evaluation 2000jobs created w impact £200m/yr
CS Cornwall (rural) soc
- Extreme Sports Academy+ hotel employ 50-60+ next door ‘Fifteen’ Jamie Oliver opened 2006 15 16-24yr from disadvantaged backgrounds each yr selected training catering work restaurant + college supported pro chefs+ profits further development (Watergate Bay, Newquay)
- increase range available uni courses Combined Unis (Exeter+Falmouth+Truro+Penwith college)
- wave hub create 170jobs
- super fast broadband (largest rural network fibre optic broadband 95% 2016) independent evaluation create 2000jobs