Unit 2A - Urban Issues and Challenges - Example of regeneration project in the UK: Lower Lea Valley Flashcards
What event was regeneration of Lower Lea Valley for?
London 2012 Olympics
4 reasons why Lower Lea Valley needed regeneration?
- net household income was £500-600 per week
- life expectancy was 77.5 - 79.5
- 30-40% of children in poverty in 2009
- GCSE points score was 281-310.5 (lowest in city)
% of children living in poverty before regeneration?
30-40%
What had area been nicknamed because of its noxious industries and slaughterhouses?
‘Stinky Stratford’
What had closed in 1970s resulting in high levels of unemployment?
The Docks
Eventually whole Olympic Parkland will become five new neighbourhood housing how many people?
8000
Overall, did unemployment increase or decrease across London during Olympic period?
Decreased
Stratford is now second only to where as most connected part of London?
King’s Cross
How much investment did Olympics bring to London?
More than £9 billion
How much did Lloyd’s TSB estimate that Olympics will generate for UK economy?
£10 billion in extra income
How many trees planted as part of project?
4000
What is problem with ‘affordable rents’ for 2,800 new homes?
They will be unaffordable for Newham’s poorest residents
Olympic stadium is estimated to have cost £701 million. How much was this above original estimate?
Almost 3x original estimate
Name an existing businesses that had to move?
H. Forman and Sons, a salmon-smoking factory
How may tons of CO2 did games produce?
3.3 million tons