Regeneration EQ3 Flashcards
What is rebranding?
Marketing aspect of regeneration to change image of a place
What is reimaging?
Making a place more attractive and desirable to invest and live in or to visit
What is the role of the national government?
Improve infrastructure
Decide rate and type of development
Decisions on migration
Deregulation of financial markets
How does the national government help improve infrastructure?
To create positive spin to attract investors, people and tourists
Create flagship projects
Secure private sector investment
What is a flagship project?
Large-scale prestigious projects, often using bold significant architecture to generate positive spin
Why does our national government to secure private sector investment?
To help design, build, finance/maintain the project/infrastructure
What are examples of big infrastructure projects?
HS2
Heathrow Expansion
Hinckley point C
What are the pros and cons of HS2?
Cost-benefit wasn’t good
Phase 2 cancelled so north and south not connected
Most local authorities against it
Clearance of 108 woodlands
29 mins saved between London and Birmingham
Aim to reduce north south divide
What are the pros and cons of Heathrow expansion?
Provided 77,000 local jobs
£61bill create for wider economy
30% of UK’s exports beyond EU come through Heathrow
Airport made illegal due to Paris agreement
Already largest emitter of CO2 in the country
How do national govs influence types of development?
Range from general planning laws, restrictions, house building targets and affordability
Depends on party in power
What were the decisions on migration and how did they affect regen?
1950-77 = restrictive policy
1997-2010 = pro policy by labour
2010- onwards = restrictive to reduce net migration
Argument for = increase GDP from races and production
Stops aging demographic
What did the gov do to help deregulation of financial markets?
Conservatives introduced big bang theory to encourage more investment in London
Tight restrictions lifted after Great Depression
What are examples of sympathetic business environments?
Business parks
Science parks
What is an example of a business park?
Kings way business park
Huge companies, space to expand
Well connected
160,000 people in the area
What is an example of a science park?
Cambridge Science Park
Group of businesses
152 acres of land
Other lifestyle and places to help on site
Encourages biking there
Revenue of £37bill a year