local government policies in making areas attractive for investment Flashcards
what do local government policies create
-sympathetic business environments
whats a sympathetic business environment
a setting in which businesses feel supported, understood, and encouraged to thrive
what do British chambers of commerce have a role in
-attracting investment into local areas
-to stimulate the positive multiplier effect
how can local governments help make areas attractive for investment
-providing business environments that encourage investment (science parks)
-provide cooperation between different local interest groups in local decision making
-adopting regeneration strategies to create vibrant places
what are the plans that councils make for planning decisions called
-unitary development plans
what do unitary development plans identifty
-areas for new housing
-new roads/infrastructure
-areas for commercial development
what can unitary development plans create
-environments attractive to both people and businesses
-creating successful places
-has to incorporate retail parks, business parks, industrial parks
example of a local interest group
-chambers of commerce
-local preservation societies
-trade unions
whats a local interest group
organisation made up of people who share the same concerns or goals for a particular area
whats the role of the trade union
represent workers in particular industries over issues like pay and conditions
how does regeneration lead to change
-in the physical fabric of an area (buildings, historical landmarks)
-in the population as newcomers move in
what can change lead to
conflict in an area
example of when change isnt viewed as positive
london docklands
-protests because the service sector jobs being created and expensive housing wasnt reducing the poverty there
who protested in the london 2012 olympic construction
-residents of clay lane housing cooperative
compulsory
-purchase used to make way for olympic site developments
what do local regeneration strategies often focus on
economic sectors based on the existing strengths of an area (e.g. physical landscape, history, good transport)
example of local retail lead regeneration
westfield in stratford
example of sport and leisure lead regeneration
london 2012 olympics in stratford
what has the olympic village been converted to since the games
2800 flats and apartments
what local regeneration is continuing in stratford
the international quater
-a mixed use development with 7000 additional homes on the edge of the park
who are based in the international quater and what is the aim
transport for london, cancer research
-aim to provide 25000 new jobs
partnership regarding regeneration with the olympic park
newham borough council and london legacy development cooperwtion
what do local authorities decide on
-changes of use to buildings
-influence shop types and locations
what do local councils use
pump priming
-as a tool to improve derelict sites, transport and power so that private companies are attracted to invest
