Thurrock Thames Gateway Development Corporation lifespan extended
The Thurrock Thames Gateway Development Corporation (TTGDC) was established in 2003 to drive forward regeneration, improve infrastructure, investment and sustainable growth within Thurrock. As part of the Thames Gateway, Thurrock aims to deliver 18,500 new homes and 26,000 new jobs.
(Media-Newswire.com) - Yvette Cooper, Minister for Housing and Planning, today announced that the Thurrock Thames Gateway Development Corporation lifespan has been extended.
The Thurrock Thames Gateway Development Corporation ( TTGDC ) was established in 2003 to drive forward regeneration, improve infrastructure, investment and sustainable growth within Thurrock. As part of the Thames Gateway, Thurrock aims to deliver 18,500 new homes and 26,000 new jobs.
Yvette Cooper said:
"I am delighted to announce that the lifespan of the Thurrock Thames Gateway Development Corporation has been extended to 2014. This extension will allow the Corporation to continue its good work in regenerating Thurrock, and improving the aspirations and opportunities for those living and working in the area."
William McKee, Chair of Thurrock Thames Gateway Development Corporation, commented:
"The decision by the Minister for Housing and Planning to extend the lifespan of the Development Corporation is most welcome and clearly recognises that the delivery of the Corporation's vision for sustainable regeneration and growth in Thurrock requires a timetable that allows the Corporation to properly address the complex series of urban regeneration issues that exists in Thurrock.
The extension will help the Corporation to meet its ambitious and transformational objectives to improve the quality of life for the people who live and work in Thurrock. "
Notes to Editors:
1. Ministers have today made a written statement to both Houses of Parliament which sets out details of the extension to the indicative lifespan of the Thurrock Thames Gateway Development Corporation.
2. This decision was informed by a public consultation, in which the consultees from the initial consultation, regarding establishment of the UDC in 2003( 1 ), were asked for their views on the proposed extension. The vast majority of responses were positive, supporting the extension and recognising the challenges faced by the Development Corporation in Thurrock. A summary of the responses has been deposited in the Department's own Library, and in the Libraries of the Houses of Parliament.
3. The Thurrock Thames Gateway Development Corporation was established in 2003, with an initial indicative lifespan of 7 years. It was to be a 'task and finish' organisation charged with driving forward regeneration and growth in the Borough.
4. This extension carries a number of specific benefits for the achievement of CLG's objectives in the Gateway. It will be beneficial in terms of the Development Corporation's ability to attract private sector investment to the area and increase confidence in any joint ventures it undertakes with private and public sector partners. Moreover it will also better enable the Corporation to promote its strategic land assembly proposals through CPO procedures, and allow sufficient scope for accommodating the long lead-in times required to secure infrastructure improvements. These benefits will not only improve the operational capability of the Corporation but will translate directly into benefits for the local communities in Thurrock.
5. Future funding for the UDC will be reliant on the outcome of future Spending Reviews.
( 1 ) On 16 April 2003, a consultation paper was published on the proposed Thurrock Urban Development Corporation ( UDC ). The paper sought comments on the area the Thurrock UDC should cover, the powers it should have, and the composition of its Board. Views were invited on six major issues, and eleven specific questions.
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