L7 - Nightmare on Nine Elms Flashcards

1
Q

What are the economic benefits of the privately funded regeneration and rebranding project in Vauxhall?

A
  • There will be new job opportunities available - 22,000 will be available during construction and 25,000 permanent which is initially targeting the local residents.
  • There is one million transport funding which will improve the transport, allowing better access to jobs.
  • The houses values are predicted to increase by 140% which will contribute to the economy and make it better.
  • Likely to attract further FDI
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2
Q

In what year will be project be completed by?

A

2022

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3
Q

What are the environmental issues of the privately funded regeneration and rebranding project in Vauxhall ?

A
  • Regeneration strategies have been similar in many UK cities/ even within London, which could mean a loss of individuality in places
  • the removal of road networks may mean that traffics is increased elsewhere.
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4
Q

How many are predicted to be made?

A

20,000 homes

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5
Q

What are the economic issues of the privately funded regeneration and rebranding project in Vauxhall?

A
  • New jobs may be low paid service jobs (eg. Bar work, cafe work, cleaners)
  • Some offices may remain empty
  • due to the predicted 140% increase in property values the areas might become too expensive for the local residents
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5
Q

How many iconic attractions will the area need it from?

A

3 iconic attractions

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6
Q

How much of an increase is predicted in property values by Estate agent Knight Frank?

A

140% predicted increase in house values

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7
Q

What are the social issues of the privately funded regeneration and rebranding project in Vauxhall ?

A
  • Local communities displaced and split up
  • The housing won’t be affordable for everyone
  • Local independent shop owners will have had to close down
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8
Q

How many apprenticeships are going to be available?

A

1000

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9
Q

What are the environmental benefits of the privately funded regeneration and rebranding project in Vauxhall?

A
  • Derelict buildings repurposed/rebuilt to much higher standards
  • Inclusion of more green space (eg. New linear park)
  • Focus on pedestrianised areas
  • Reduction in traffic and pollution
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11
Q

What are the social benefits of the privately funded regeneration and rebranding project in Vauxhall?

A
  • There are going to be 1000 apprenticeship schemes, giving young people new qualifications and an income.
  • Residents have better access to amenities and service as due to transport improvements it is going to take 12 mins to get to the city.
  • There are links to historical significance (eg. Battersea Power Station)
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12
Q

How many jobs will be created?

A

25,000 jobs

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