Latest News
Gathered here are news stories from all our publications, covering many of the biggest regeneration projects across the UK.
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Tories go soft on plans to scrap South West RDA
Published: 2010-03-12 09:31:39
From: Gloucester (Gloucester7)Plans to scrap the South West Regional Development Agency under a Conservative Government have been cancelled.
(Sourced from thisisgloucestershire.co.uk.)
Senior Tories have withdrawn the axe hovering over the quango, tasked with stimulating the region's economy, after previously saying they would shut it down.
read more
Lord Mandelson visits Salford
Published: 2010-03-12 09:25:39
From: Salford (Central Salford)Peter Mandelson, secretary of state for business, innovation and skills, is to talk about government investment plans in Manchester today.
(Sourced from Crain's Manchester Business.)
Mandelson will be opening a new welding school at Wilkinson Star in Salford, and is also visiting Peel Group's MediaCity.
read more
Public sector may take lead on changing shape of city
Published: 2010-03-11 09:50:05
From: Derby (Perspective)Council leaders are being recommended to close the company that has masterminded Derby's regeneration over the past six years – so the public sector can take a lead on future developments.
(Sourced from the Derby Telegraph.)
Responsibility for bringing projects to key sites would switch to a new department within the city council, if the authority backs officers' recommendations at a meeting on Tuesday.
read more
Film Club take N1 office space
Published: 2010-03-11 09:40:31
From: Islington (Inspire)MERJS commercial property agency has announced the successful let of 1,497sq ft of excellent N1 office space in Islington Green to Film Club.
(Sourced from UKPRwire.)
The new lease term is to expire in November 2018 with a break in 2011 and 2013 at rent of £35,928 per annum.
read more
Latest South Lakeland Flood Bulletin released
Published: 2010-03-11 09:03:11
From: Cumbria (Fusion)Cumbria County Council has published its latest flood bulletin, for the South Lakeland area.
It can be downloaded as a pdf file by clicking on the link below. read more
Addiscombe Railway Park open for business
Published: 2010-03-10 10:11:55
From: London - Croydon (City3)Half a mile of new parkland is due to open in Addiscombe this weekend as part of the Railway Park project.
Deputy Mayor and local ward councillor, Councillor Russell Jackson will be formally opening the new stretch of park at 10.30am on Saturday 13 March.
read more
Whitehaven's £500,000 revamp begins
Published: 2010-03-10 09:53:55
From: Cumbria (Fusion)Work is under way to give part of Whitehaven’s town centre a £500,000 transformation.
(Sourced from Whitehaven News.)
Plans for Mount Pleasant include spaces for outdoor arts activities, new lighting, signs for pedestrians and cyclists, and a new planting scheme.
read more
Community Infrastructure Levy faces an uncertain future
Published: 2010-03-10 08:56:04
From: SocInvest (Conference - Regeneration Finance)The Community Infrastructure Levy (CIL) will come into force on April 6th 2010. Whether it will survive the general election is another matter: if the Conservatives get in, it could be axed.
"We understand that a Conservative Government would scrap CIL and non-site specific planning obligations," said law firm Berwin Leighton Paisner, "and instead introduce a single unified local tariff applicable to all residential and non-residential development but at graded rates depending on the size of the development."
However, it added: "The reality is that this will be much closer to CIL than to the old system of section 106 Agreements." read more
Retail and hotel developers to help pay for Crossrail?
Published: 2010-03-10 08:46:32
From: SocInvest (Conference - Regeneration Finance)Developers of hotels and shops, as well as offices, should contribute to the cost of London's Crossrail project, according to a report by a panel of planning inspectors assembled by London Councils.
The Mayor of London's proposal for funding Crossrail only targets developers of offices in excess of 500sq m. But the panel's report recommends bringing other developers into the scheme.
London Councils' concern is that the existing plans could deter office developers and have a detrimental impact on new jobs and the economy. read more
New SocInvest2010 programme announced...
Published: 2010-03-10 08:38:14
From: SocInvest (Conference - Regeneration Finance)...funding regeneration in a cold economic climate
Many funding mechanisms developed in flusher economic times are either no longer viable or in need of a radical rethink. Against this backdrop, SocInvest2010, the UK's leading summit for regeneration finance, has announced a programme to provide fresh inspiration for revitalising funding.
Themes running through the conference sessions and workshops taking place on June 16th include:
•Making better use of existing assets
•Innovative approaches to funding
•The role of European funds
•New government policies
Regarding existing assets, local authorities, education bodies, health trusts and other public organisations have assets that are a source of present and future value. The question is how best to tap into these assets in the current environment.
One answer is to revisit joint venture models to examine how the risk and reward equation can be rebalanced to produce a return for both the asset holder and developer.
Sessions at SocInvest2010 addressing this issue include:
•Driving efficiencies in assets through partnership and joint venture solutions
•Workable strategies for affordable housing
•Next generation PPPs, regeneration partnerships and LABVs read more
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