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Regeneration
4.11 Urban stakeholders
4.11A Success or not?
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Cards (6)
Urban
stakeholder
= people interest in the investment such as - local government, investors, local businesses and residents
Salford quays (Manchester):
Was a previous
docking area
but now a
business district
provided
jobs
to the
local people
keeps some of its
historic value
Salford Quays’ regeneration scheme: Housing
The suburb of Pendleton, located just north of Salford Quays, received investment to:
Modernise 1300 houses and build 1500 new homes
Develop green space to provide more places for people to meet
Salford Quays’ regeneration scheme: Transport/facilities
Improved transport infrastructure:
MetroLink Tram
Pedestrianised waterfront area
New facilities built:
MGM cinema
Copthorne hotel
Water sports centre
The Lowry museum
The Imperial War Museum
Salford Quays’ regeneration scheme: Employment
New employment opportunities are mainly
service-based
New employment opportunities attract a
younger
population (median age = 35)
Unemployment has nearly
halved
in 10 years
153 businesses set-up
23,000
+ new jobs created
The regeneration of Salford Quay Other investment:
£550
million MediaCityUK development e.g.
BBC
relocated there