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When did the regeneration begin?
1981
How much did the regeneration cost in total?
£12.8 billion
How much money came from public investment?
£3.9 billion
How much money came from private investment?
£8.9 billion
Why did the Docklands close?
In 1981, due to containerisation, the docks became too small for modern ships. This meant that they had to be relocated.
Why did the area need regenerating?
unemployment rates increased to 14%
population decreased by 18%
poor quality, government-owned housing
inadequate transport links
derelict land still remained from bomb damage from WW2
the Docklands were derelict by 1979
decreased quality of life
increased crime rates
What was the Docklands like before the regeneration?
83,000 jobs lost between 1961 and 1971
containerisation
negative multiplier effect
population decline in Tower Hamlets
quality of life declined
What is the Docklands like after the regeneration?
increased amount of open space (150 hectares)
ecology park created with cycle routes and 20,000 trees
unemployment rates halved from 14% to 7%
2,700 businesses created
DLR (Docklands Light Railway) built in 1987
22,000 new homes built
£10 million spent on council accommodation
£100 million spent on education, healthcare, and job training
What were the key employment characteristics of the LDDC?
halved unemployment to 7%
120,000 jobs created in Canary Wharf
2,700 independent businesses created
growth in tertiary sector jobs due to increase in office space
cheaper to rent space in the Docklands compared to the City (e.g., HSBC Corporate HQ is located in the Docklands)
more than 70% of the 1,000+ jobs created at London City Airport are filled by people who live within a 5-mile radius of it
new business district
What were the key housing characteristics of the LDDC
55,000 new homes built
£10 million spent on social housing
28% reduction in number of council-owned homes
worked to increase the number of affordable houses
community-built housing
What were the key transport characteristics of the LDDC?
DLR (Docklands Light Railway), with a stop at London City Airport
London City Airport offered flights to nearby European cities and created over 4,000 jobs
new roads built
Docklands Highway Network
Jubilee Line tube extension
What were the key environmental characteristics of the LDDC?
200,000 trees planted (mature trees planted in open spaces and beside roads)
bicycle parks
water sport facilities (e.g., Royal Victoria Docks Water Sports Centre)
How was the area regenerated?
government established a UDC (Urban Development Corporation) with powers to make rapid planning decisions
the LDDC received government grants and tax relief
area was controlled by the local authority, private investors, and other bodies
What were some negative consequences of the regeneration?
displacement of existing communities
locals feared that outsiders would take the new jobs and leave them nothing