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Urban regeneration in London Docklands - Coggle Diagram
Urban regeneration in London Docklands
social regeneration
improved services
new shops, schools, restaurants and other facilities where built improving quality of life and making the area a more attractive place to live in
new housing
around 15,000 new homes where provided in 1989
gentrification
wealthier residents moved into the area bringing money into the local economy
economic regeneraion
canary wharf
built to be a financial district for businesses such as banks which created an expansion of job opportunities in the financial sector
private investment
over 4 billion pounds of private investment came into the docks which funded the construction of housing, infrastructure, offices and businesses
job creation
the regeneration of the docks created over 20,000 jobs reducing the unemployment created by the closure of the area prior to its regeneration
why was the regeneration needed?
high levels of unemployment
around 25,000 jobs where lost between 1978 and 1983 these workers struggled to find work were else as they lacked the skills to work in the more modern industries
economic decline
the closure of the docks caused local businesses to lose customers and income therefore investments decreased, leading to an economic recline
derelict areas
the dock closed due to counter urbanisation, as a growing population needed more supply so larger ships where needed therefore more area was needed to help supply the population.
this caused a knock on effect closing down warehouses, factories and businesses leading to large areas of brown field sites
environmental regeneration
waterfront improvments
old dock areas where developed giving resident areas for lesure activitys
improved green areas
new, parks, gardens and public areas where created which improved the areas appearance