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Social - successes
20,000+ new homes created
More facilities built in the area
Luxury flats attract more economically active to the area
Economic - successes
Money in the economy increases as more people are paying taxes
cafes turned into wine bars
Area was economically prosperous buisnesses like the sun, ITV and the telegraph moved
Environmental - successes
more trees planted
Area - less derelict = looks more modern
trees = less flooding
Parks and green areas created
Political - successes
Brought in multi-national investement
government spent £441 million on docklands
brought in £4.4 billion in private investment
Social - failures
conflict between locals + profesionals
no jobs for locals as they are unskilled and cannot do the jobs available
Economic - failures
prices on basic foods went up = locals couldn't afford it - bread prices tripled
Environmental - failures
increased car usage leading to more CO2 emmisions + pollution
Descruction of habitats
New city airport = increased pollution
Land destroyed for construction of jubilee railway
Political - failures
No locals were interviewed ab the development process
Local councils who have been elected should decide about investment, not UDC's
Gentrification
The rehabilitation of deteriorated, often abandoned, housing of low-income inner-city residents.
when was it set up
1981
4 main aims
ensure housing was available to all
encourage development of buisness and industry
bring land and buildings back
create an attractive environment
sucesses
by 1988 a network of new and improved roads and comprehensive drainage system- suggests the sanitation and transport has improved
tackled widespread multiple market failures which prevailed in 1981
failures were adressed and have been alleviated by training projects, improvements in accessability in and out of the docklands and creation of new jobs
over 24000 housing units and 80,000 jobs attracts people and money
new schools and colleges were built and older schools were refurbished
weaknesses
conflict betwen origional and new residents as locals dislike LDDC building luxury apartments rather than affordable homes
jobs do not match work skills of the locals and only 13% of the incoming firms are locals, 13,000 jobs were lost from the traditional sectors since 1981 and 1988 52,000 residents were unemployed
critisism from local community groups and organisations for its lack or democracy, local consultation and community
reduction in community spirit with newcomers not mixing with the old residents.