Lesson 19 Flashcards
Why is it important to have diffrent players for regeneration strategies?
All have diffrent strategies which could link to others
What are the key players for Newcastle’s regeneration? (5)
One North East Ousburn Trust EU Newcastle Uni Newcastle City Council
What is the Business improvement district (BID)?
A campaign funded by businesses in Newcastle which aims to promote ‘get into Newcastle’ and a range of shops activities and attractions
What was the Tyne and Wear Development Corporation?
A Flagship project (should have knock on effects)
How was the Tyne and Wear Development Corporation successful with the community?
Successfully involved the community in regeneration projects by integrating the community development staff
How was the Tyne and Wear Development Corporation successful with regeneration? (3)
Royal Quays and St Peter’s Riverside created.
Over £1.1 billion of private sector investment
Reclamation of 1,287 acres of derelict land
How was the Tyne and Wear Development Corporation unsuccessful?
concerns about bias in favour of Newcastle, and it was not until after the end of the TWDC (1998) that the Metro was extended to Sunderland.
What is a QUANGO?
An organisation that is financed by the government yet acts independently of the Government.
What did OneNorthEast do?
Brought together previously differentiated funding streams covering regeneration alongside business-led economic development and innovation.
Why was OneNorthEast abolished?
funding stopped
What do regional development agents do?
promote and enable economic growth in England’s main regions by creating the conditions for businesses to grow and by helping to create additional, better quality, higher-paid jobs
Example of a partnership in Newcastle (One North East, Newcastle City Council and Newcastle University)?
Created Newcastle Science City.
knowledge-led regeneration
Example of a partnership in Newcastle (One North East and Newcastle and Gateshead Council)?
NewcastleGateshead brand
culture-led regeneration
Who are the players in Public Sector
Policy Led regeneration?
local and national government
When is Policy Led regeneration used?
Any infrastructure or public-service projects that the private sector views as being too costly or risky
Examples of Policy Led regeneration? (3)
Infrastructure
health services
major national events (Olympics)
Benefits of Policy Led regeneration?
provides services and infrastructure where they are needed
Drawback of Policy Led regeneration?
seen as slow, with inaccurate budgeting and delivery times.
When is Mixed public and private sector regeneration used?
Where the cost is high, but it can still be shared with the private sector.
Example of Mixed public and private sector regeneration?
Housing
benefits of Mixed public and private sector regeneration?
Works well with UK
Drawbacks of Mixed public and private sector regeneration?
different sectors need to understand each other
When is regeneration used by the private sector with Multiple partners?
Where the project will lead to benefits for more than one company or partner.
When is regeneration used by the private sector with single partners?
To expand its product range and increase its profits.
What regeneration used by the private sector with Multiple partners?
Technology
Benefits of the private sector?
Creative and competitive
Drawbacks of the private sector?
Follows companies interest