Development corporation

src: i.ytimg.com

Development corporations are organisations established by governments in several countries for the purpose of urban development. They often are responsible for the development of new suburban areas or the redevelopment of existing ones.

Video Development corporation

Australia

In Australia development corporations are often responsible for the economic promotion and growth of areas considered to be under-performing economically. Such corporations include:

• Central Coast Development Corporation (1998-); previously known as the Festival Development Corporation
• Cooks Cove Development Corporation; based in The Rocks
• Hunter Development Corporation (2007-); based in Newcastle
• Honeysuckle Development Corporation (1992-2007; merged with the Regional Land Management Corporation to form the Hunter Development Corporation); based in Newcastle
• Macquarie Point Development Corporation (2012-); based in Hobart, Tasmania
• South Sydney Development Corporation (1996-2005); responsible for managing the Green Square area

Maps Development corporation

Denmark

• Ørestad Development Corporation (1993-2007); responsible for urban redevelopment of Ørestad. It also constructed parts of the Copenhagen Metro.

src: upload.wikimedia.org

India

• City and Industrial Development Corporation (1970-); agency of the Government of Maharashtra. Constructed the planned town of Navi Mumbai. Currently conducting urban infrastructure and new town developments.
• Housing and Urban Development Corporation (1970-); agency of the Ministry of Housing and Urban Poverty Alleviation. Responsible for building affordable housing and managing urban development.

src: c8.alamy.com

Israel

• Moriah Jerusalem Development Corporation (1986-); established by the Jerusalem Municipality.

src: www.clark.com.ph

South Africa

• Coega Development Corporation
• Eastern Cape Development Corporation
• Free State Development Corporation

src: business-saxony.com

United Kingdom

In the United Kingdom development corporations are organisations set up in England and Wales by the UK government charged with the urban development of an area, outside the usual system of Town and Country Planning in the United Kingdom. Members are appointed by central government and hence they are considered QUANGOs.

New Town development corporations were set up for all the designated New Towns in the United Kingdom. Urban development corporations also existed, which dealt with regeneration in already built-up areas.

Urban development corporations

New town development corporations

Mayoral development corporations

The Localism Act 2011 permitted the Mayor of London to create mayoral development corporations in Greater London.

src: www.guidondesign.com

See also

• Economic development corporation in the United States
• Laganside Corporation, Urban Development Corporation for Belfast, Northern Ireland
• Community Futures in Canada

src: i.ytimg.com

Footnotes

src: www.smartseeds.org

References

• "The Urban Development Corporations in England (Planning Functions) Order 1998". opsi.gov.uk. Retrieved 2017-07-15. 

Source of article : Wikipedia