| 1. |
INTRODUCTION |
5 |
| 2. |
EXECUTIVE SUMMARY AND FUTURE PROSPECTS |
6 |
| 3. |
THE URBAN REGENERATION SECTOR IN THE UK |
11 |
| 3.1 | OVERVIEW AND SIZE OF THE URBAN REGENERATION SECTOR |
11 |
| 3.2 | REGENERATION POLICY IN THE UK |
11 |
| 3.2.1 | Current Government Initiatives in Regeneration |
13 |
| 3.3 | DRIVERS OF REGENERATION IN THE UK |
14 |
| 3.3.1 | Government Housing & Regeneration Targets |
14 |
| 3.3.2 | Current Housing Regeneration Programmes |
15 |
| 3.3.3 | Affordable Housing |
19 |
| 3.3.4 | Retail |
20 |
| 3.3.5 | Commercial |
21 |
| 4. |
STRUCTURE OF REGENERATION PROJECTS IN THE UK |
24 |
| 4.1 | ENGLISH PARTNERSHIPS |
24 |
| 4.2 | REGIONAL DEVELOPMENT AGENCIES |
24 |
| 4.3 | URBAN REGENERATION COMPANIES |
25 |
| 4.4 | MAJOR URBAN REGENERATION PROJECTS IN THE UK |
28 |
| 4.4.1 | 2012 Olympics |
29 |
| 4.5 | PROCUREMENT OF REGENERATION PROJECTS |
39 |
| 4.5.1 | Project Size and Delivery |
39 |
| 4.5.2 | Timescales |
40 |
| 4.5.3 | Bidding Costs |
40 |
| 4.6 | PUBLIC SECTOR FUNDING FOR REGENERATION |
41 |
| 4.7 | MAJOR PUBLIC SECTOR FUNDS |
42 |
| 4.7.1 | EU Funding |
49 |
| 4.7.2 | Single Regeneration Budget (SRB) |
50 |
| 4.8 | PRIVATE SECTOR FUNDING FOR REGENERATION |
51 |
| 4.8.1 | Financial Returns from Regeneration Projects |
52 |
| 4.8.2 | Incentives for the Private Sector |
52 |
| 4.9 | 2008 BUDGET AND COMPREHENSIVE SPENDING REVIEW |
53 |
| 4.10 | LEADING FINANCIERS, INVESTORS AND DEVELOPERS IN REGENERATION |
53 |
| 5. |
FACTORS AFFECTING THE URBAN REGENERATION SECTOR |
60 |
| 5.1 | PLANNING |
60 |
| 5.1.1 | Planning Legislation |
60 |
| 5.2 | BROWN-FIELD AND CONTAMINATED LAND |
61 |
| 5.2.1 | Brown-field Skills Strategy |
63 |
| 5.3 | MODERN METHODS OF CONSTRUCTION |
63 |
| 6. |
CONSTRUCTION MARKET SUPPLY IN THE REGENERATION SECTOR |
65 |
| 6.1 | LEADING CONTRACTORS IN THE REGENERATION SECTOR |
65 |
| 6.1.1 | Overview |
65 |
| 6.2 | KEY CONTRACTOR PROFILES |
66 |
| 6.3 | LEADING HOUSE BUILDERS IN THE REGENERATION AND SOCIAL HOUSING SECTOR |
75 |
| APPENDIX 1 - LEADING CLIENTS IN REGENERATION |
79 |
| APPENDIX 2 - LEADING HOUSING ASSOCIATIONS IN THE REGENERATION SECTOR |
81 |
| TABLES AND CHARTS |
| TABLE 1 | TOP 10 HOUSING REGENERATION SCHEMES IN THE UK (CAPITAL VALUES, NO. OF HOMES AND AFFORDABLE HOMES SHARE BY SCHEME) |
7 |
| TABLE 2 | OVERVIEW OF GOVERNMENT POLICY ON REGENERATION – KEY DEVELOPMENTS 1980-2007 |
12 |
| TABLE 3 | NATIONAL AFFORDABLE HOUSING PROGRAMME– REGIONAL INVESTMENT LEVELS 2008-2011 (£M) |
16 |
| TABLE 4 | HOUSING MARKET RENEWAL FUND - PROPOSED DISTRIBUTION BY PATHFINDER AREA 2008-2011 (£M) |
18 |
| CHART 5 | UK HOUSEHOLD FORMATION PROJECTIONS 1981-2029 (MILLION) |
19 |
| TABLE 6 | TOP RETAIL-LED REGENERATION SCHEMES IN THE UK (CAPITAL VALUES, AREA, DEVELOPERS AND COMPLETION DATES BY SCHEME) |
21 |
| TABLE 7 | TOP URBAN REGENERATION SCHEMES IN THE UK – % OF COMMERCIAL OFFICE SPACE (CAPITAL VALUES, AREA, DURATION) |
23 |
| TABLE 8 | RDA ALLOCATIONS BY REGION 2006-08 |
25 |
| CHART 9 | EXAMPLE STRUCTURE OF A REGENERATION PROJECT – KEY INFLUENCERS |
27 |
| CHART 10 | KEY REGENERATION SITES WITHIN THE INNER THAMES GATEWAY |
31 |
| TABLE 11 | TOP 50 URBAN REGENERATION SCHEMES IN THE UK BY CAPITAL VALUE, DEVELOPMENT AREA, NATURE OF SCHEME AND PROJECT DURATION - 2007-08 |
33 |
| CHART 12 | REGENERATION SCHEMES – FLOOR SPACE BY SECTOR (%) |
39 |
| TABLE 13 | MAJOR PUBLIC SECTOR FUNDING BODIES |
43 |
| TABLE 14 | MAJOR PUBLIC SECTOR FUNDING SCHEMES FOR REGENERATION IN 2008 – FUNDING BODY, VALUE AND OUTLINE DETAILS |
44 |
| TABLE 15 | LEADING FINANCIERS, INVESTORS & DEVELOPERS IN REGENERATION(VALUES, OUTLINE SCHEME DETAILS) |
54 |
| CHART 16 | LATENT BROWN-FIELD LAND – WITH PLANNING PERMISSION 2001-2007 (HECTARES) |
62 |
| TABLE 17 | OVERVIEW OF LEADING PRIVATE HOUSE BUILDERS IN REGENERATION – KEY PLAYERS / REGENERATION SCHEMES |
76 |
| TABLE 18 | TOP PUBLIC SECTOR REGENERATION CLIENTS |
79 |
| TABLE 19 | LEADING HOUSING ASSOCIATIONS IN THE REGENERATION SECTOR |
81 |
