Regenerating places Flashcards
Types of regeneration and examples:
.Sport-led regeneration (Olympics in East London)
.Tourism-led regeneration (Cornwall)
.Culture regeneration (Liverpool)
.Retail-led regeneration
Define gentrification:
Change in social status, working-class areas of the city becoming occupied and renewed by middle classes, changing land from low to high value
What percent of adults are educated to degree level in Newham compared to Richmond?
Newham: 26%
Richmond: 64%
Changes to London’s East End:
Economic growth -
High rise buildings introduced to stimulate quaternary employment, Canary Wharf is now London’s second central business district (CBD)
Every day, 10,000 commuters travel there for work, includes investment banks like HSBC and Barclays
Infrastructure -
Extending the Jubilee line on the London Underground
Developing the Docklands Light Railway (DLR)
Building new roads such as Limehouse Road link, increasing connectedness to City of London
Improvement to services -
30 million spent on educational grants and percentage of children with 5 or more GCSEs is increasing
Population and housing -
Many older people have moved out and they have been replaced by younger generation, median age of Newham is 31, UK one is 40
Gentrification leading to riverside property by the old warehouses to be converted to desirable and very expensive property
Environmental benefit of regeneration to East London:
Queen Elizabeth Olympic Park has cleaned up areas of land that were derelict, with new wetlands and breeding boxes to increase wild biodiversity
What areas have been left deprived from East London?
Newham
Tower Hamlets
Hackney
What was the life expectancy in Tower Hamlets in 2012?
77 (lowest in London)
Negatives of regeneration on housing
The cost of living in Hackney has risen by 69%, the rate of illegal evictions doubled from 2011 to 2012
Only 1,200 homes from the Olympic Village were turned into affordable housing, the proposal was 3,000
Negatives of regeneration in employment for Newham
In 2012 27% of Newham’s working population earned less than £7 per hour, highest percentage of any London borough
How has culture been effective for regeneration in Liverpool?
Liverpool has a rich history in music and has 2 historic premier league football clubs.
After being voted European capital of culture in 2008 it received major investment, over 15 million visitors were attracted for cultural events.
Regenerated the Albert Dock which now attracts 4 million people a year
Key players in Rural regeneration (Cornwall):
1)The EU:
Funding has been granted for projects since 1999 (e.g. Superfast broadband)
2)UK central government agencies:
Most investment given out directly by the central government
3)Local government:
Cornwall has had no start up funding for new businesses since 2010
However it does offer repayments on business taxes as part of it Enterprise Zone in Newquay
4)Environmental stakeholders:
Cornwall’s biggest asses is its scenery and environment, hence large areas of land owned by environmental stakeholders.
Potential for renewable strategies like wind and wave power (e.g. wave hub)
5)Stakeholders in people:
Education, e.g. Combined Universities in Cornwall
Superfast Broadband (2011-16)
By 2016, over 95% of Cornwall had access to fibre broadband, now has the world’s largest rural fibre network.
Cost £132 million but over £50 million was funded by EU regional development agency, the rest was funded by BT
Encouraging business and those who work at home to carry out operations in Cornwall, has created around 2000 jobs and generated £200 million a year
Wave Hub (2010-present)
Wave power hub placed off Cornwall’s north coast and generates electricity which is transported to the mainland
Cost $42 million to build but over 25 years it will generate £76 million and 170 jobs, as well as securing clean energy for the people, capacity of 20 MW (equivalent to 6-8 wind turbines)
Issues include noise and disturbance to locals that are near the cables, accidental pollution occurred when setting up wave hubs
Eden Project (2001-present)
Out of the £140 million worth of of costs, £50 million was funded by EU regional development agency
In first 10 years:
.Generated over £1.1 billion to Cornish economy
.Provided 650 direct jobs and 3000 related jobs (e.g supplying food)
.Encouraged wider investment to help regenerate St Austell Town Centre
.Developed Cornish tourism as a year round sector, e.g. people could visit when the weather is not good enough to visit Cornish beaches
Combined Universities in Cornwall (2005-present)
As well as offering an increased range of university courses, CUC also helps graduates to set up their own businesses, or secure jobs in knowledge based companies in Cornwall
Reduces Cornish brain drain and benefits businesses that students would buy products from, e.g. in Falmouth the presence of students has provided a thriving economy to bars and restaurants