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Urban Regeneration Companies: A Consultation Paper

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Urban Regeneration Companies: A Consultation Paper

Annex A - Summaries of England's Pilot URCs

Liverpool Vision

Established in 1999, Liverpool Vision was the country's first URC. In its first 18 months, the principal focus was the development of a strategic framework for the city centre - aiming to establish Liverpool as a world-class city for the 21st century.

Liverpool Vision's area of operation covers approximately 590 hectares (ha), which includes businesses employing 75,000 people and a resident population of 9,000 which is expanding.

Liverpool Vision is a not for profit company, limited by guarantee. Its board comprises 12 individuals from both the public and private sectors. It has an executive team of 14 working in planning, design, programme management and development.

The URC's vision is that 'Liverpool city centre will be recognised as a physically and economically attractive magnet for commercial investment, residential expansion, enhanced leisure and tourist industries'.

New East Manchester Ltd

New East Manchester Ltd, established in 1999, covers 1,100 ha. It was the second URC to be created. The company is a partnership between national (English Partnerships), regional (NorthWest development Agency) and local (Manchester City Council) government - with local communities also playing a strong part.

There are two core objectives of East Manchester's regeneration:

  • creating sustainable communities through making the area an attractive place to live and work with a range of facilities and services that the local community needs, and through making sure that economic benefit is secured for local people; and
  • ensuring that East Manchester maximises the contribution it can make to the regional, national, and global economy.

The company plans to make use of wide range of funding from national and European sources.

The Regeneration Framework New East Manchester - A New Town in the City provides the basis for the 10-year regeneration plan which aims to:

  • double the population to 60,000 over next 10-15 years;
  • build up to 12,500 new homes offering a range of tenure and type;
  • improve 7,000 existing homes;
  • create a 160 ha business park;
  • provide a 100 million sports complex including stadium (Commonwealth games);
  • create a new town centre with a 120,000 square foot retail provision;
  • provide an integrated public transport system;
  • create regional parks; and
  • increase educational attainment.

Sheffield One

Launched in February 2000, Sheffield One aims to build a new, vibrant city economy based around enterprise, culture, learning and commerce. The company, which has a fixed life of 7 years, concentrates within the area of the inner ring road, though its influence will extend out to key gateway routes. This area of 220 ha accommodates 100,000 jobs (half of those in the whole city) and a resident population of 3,000.

Sheffield One is a company limited by guarantee with 12 board members (from public, private, and community sectors). It has an executive team of 8.

The URC's visions is of 'a prosperous and commercially successful city at the heart of a city-region which is reinventing itself as a new and dynamic modern economy; one that embraces both the new information and telecommunications sectors and an advanced manufacturing sector based on the area's traditional skills'.

The URCs masterplan is based on four strategic objectives:

  • building a new hi-tech-based economy in the city centre;
  • creating a vibrant city offering high-quality retailing, leisure and cultural activities as well as promoting continued growth of the housing market;
  • improving accessibility by providing a more integrated transport system through improved public transport, car parking, and signage; and
  • celebrating the public realm by upgrading and developing open, public spaces.

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Page updated: Friday, June 23, 2006