Urban Resurgance In london Flashcards
Why was urban resurgence needed
Urban decline in East End
What type of resurgence was it
Property led regeneration
Explain how the property led regeneration worked
The transformation of London’s derelict Docklands was the world’s largest regeneration scheme
The gov set up London Docklands Development Corporations (LDDC) to buy derelict land and improve infrastructure to the area
Private investors were then given tax incentives to buy the land and develop it as they saw fit
Evaluation- pos (3)
Canary Wharf was built which has become a second financial district in London.
Major international financial companies are based here such as HSBC and Morgan Stanley
Infrastructure such as Docklands light railways and city airports were developed
Arguably the reason why London is an Alpha++ City
Evaluation- neg (3)
Jobs were not suitable for the former dock workers of the East End who were unemployed following the closure of he docks
The houses created were expensive apartments based in former warehouses along the river Thames. There were not suitable for the original inhabitants of the East End
The scheme can be described as economic triumph but social failure
Recent London regeneration
London Olympics
