Upcoming Events :
Housing Seminar: Partnerships with the Public Sector – Avoiding the pitfalls
Thu 31 May 2012
Minerva House, 5 Montague Close, London, SE1 9BB
London commits to further regeneration
Thu 17 Mar 2011
Funding for future regeneration projects in London is to be made available by the government.
The Greater London Authority has confirmed that over the next three years, the London Development Agency will be handed £388 million.
This will go towards various projects around the city, including the regeneration of more deprived areas.
Funding will also be allocated to tourism bodies in order to promote London more heavily to both business and tourists.
Simon Milton, deputy mayor of the city, said this next round of investment should complement the "strong transport settlement" it received last autumn.
Mike Tuffrey, Liberal Democrat budget spokesman at the London Assembly, added that there is now a "real opportunity for a joined-up approach" to housing, planning and regeneration.
He urged Boris Johnson, the Mayor of London, to make the most of this and help to deliver "new economic opportunities" for disadvantaged people living in the region.
Roger Fitton, a partner at Winckworth Sherwood, commented: "The London Development Agency has been at the centre of many of the capital's regeneration schemes and it will please all the various stakeholders involved in regeneration that this will continue."
