Reflections on a year in Newcastle

David Slater

Journal of Urban Regeneration and Renewal, 2010, vol. 3, issue 4, 342-348

Abstract: Looking back over their first 12 months, an Executive Director of Environment and Regeneration in Newcastle reflects on the impact of the worldwide recession on the city. Although some significant developments have occurred, private-sector investment has generally slowed, particularly in housing. The city has responded by developing long-term plans for economic growth, and setting up a city development company and a science city company. The city has also secured investment in potential growth sectors identified in the 2006 OECD report. It is well on with developing its long-term economic plan jointly with its neighbouring authority Gateshead, and will also develop its planning framework with its neighbour. The city's five strategic regeneration areas identified in the early 2000s had ambitious plans. These have been reviewed and a mix of responses developed, including extra public sector investment and a move away from wholesale demolition. More work with public sector partners and local residents is a growing trend. Recognition of Newcastle as a housing growth point has helped confidence, although short-term delivery targets have been reduced. The city council has used its financial and talent assets to invest, has strengthened its relationship with its outstanding housing management organisation, Your Homes Newcastle, and is transforming its own structure in readiness for more change to come as a result of the ongoing recession.

Keywords: Local government; regeneration; economic policy; recession; investment (search for similar items in EconPapers)
JEL-codes: R00 Z33 (search for similar items in EconPapers)
Date: 2010
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