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Papering over the cracks

By: Series: Property Week ; 65(45) 17 November 2000, 12-13(2)Publication details: 2000Subject(s): Summary: Examines the response of the property industry to the Urban White Paper. Concerns centre on government commitment to long term regeneration, and whether inner city investment can be profitable. The paper relies on local authorities and RDAs to tackle regeneration, and few property practitioners have been impressed with RDA performance to date. However, the industry has welcomed the proposed reform of Section 106 Agreements, with the American system of impact fees as a likely replacement. Details the key measures in the paper which include: the establishment of 12 Urban Regeneration Companies; the overhaul of the planning system and revision of PPG1; focus on quality urban development; tax incentives to promote redevelopment of brownfield sites.
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Journal article London Journal article ABS63238 (Browse shelf(Opens below)) 1 Available 109672-1001

Examines the response of the property industry to the Urban White Paper. Concerns centre on government commitment to long term regeneration, and whether inner city investment can be profitable. The paper relies on local authorities and RDAs to tackle regeneration, and few property practitioners have been impressed with RDA performance to date. However, the industry has welcomed the proposed reform of Section 106 Agreements, with the American system of impact fees as a likely replacement. Details the key measures in the paper which include: the establishment of 12 Urban Regeneration Companies; the overhaul of the planning system and revision of PPG1; focus on quality urban development; tax incentives to promote redevelopment of brownfield sites.