Forecasting Infrastructure Funding

With London’s population likely to hit 10 million by 2030, the GLA, TfL and London boroughs face increased pressure to expand their infrastructure to meet demand. The Mayor is currently working on an infrastructure plan for London, due in Spring 2014, which will outline what infrastructure is needed and how it will be provided. The key question is: … [Read more...]

Site visit – Vauxhall Nine Elms Battersea

Future of London arranged a visit to Vauxhall Nine Elms Battersea on 29 November for our members. We began with an introduction to the area by Keith Trotter from the Nine Elms Delivery Team, set up to support the complex partnership involved in regenerating the area. Identified as an Opportunity Area in the 2003 London Plan, a number of significant … [Read more...]

Andrew Screen on TIF

Andrew Screen, Head of GVA Financial Consulting spoke at our Development and Renewal event on 20 January, about financing infrastructure, including an overview of tax increment financing and a charge over land mechanism that local authorities might want to consider to secure upfront investment in project infrastructure.  After the event we asked … [Read more...]

Financing infrastructure – what are the options?

The second instalment of our Development and Renewal series took us to Battersea Power Station on 20 January, looking at financing mechanisms to pump prime infrastructure delivery. Clive Dutton, Executive Director for Regeneration, Planning and Property at LB Newham spoke about the different approaches the borough is taking to secure investment, in … [Read more...]

Accelerated Development Zones for London?

I was in Enfield earlier this week talking about the impact that spending cuts were having on local regeneration and economic development projects, and it is clear that with critical central government grants being cut back - from LABGI to Growth Point monies - greater local revenue raising powers are going to be needed to fill the gap and deliver … [Read more...]