5-655: The Black Country Development Corporation was an urban development corporation established in May 1987 to develop land in the Metropolitan Boroughs of Sandwell and Walsall in England . Its flagship developments included the Black Country Spine Road. During its lifetime 11.9m sq.ft. of non-housing development and 3,774 housing units were built. Around 21,440 new jobs were created and some £1,150m of private finance
10-791: The UK government , charged with the urban development of an area, outside the usual system of Town and Country Planning in the United Kingdom . Originally intended to manage the development of New Towns in the United Kingdom , they were also established for more substantial urban renewal programmes by the Town Development Act 1952 . The Localism Act 2011 permitted the Mayor of London to create mayoral development corporations in Greater London . The Cities and Local Government Devolution Act 2016 permitted
15-528: The development of new suburban areas or the redevelopment of existing ones. In Australia development corporations are often responsible for the economic promotion and growth of areas considered to be under-performing economically. Such corporations include: In the United Kingdom , New Town Development Corporations were organisations established under the New Towns Act 1946 ( 9 & 10 Geo. 6 . c. 68) by
20-458: The narrower roads which surrounded it. The new road, which was opened in two phases in 1995, also freed up several square miles of previously inaccessible land which was soon developed for industrial and commercial use. Development corporation#United Kingdom Development corporations or development firms are organizations established by governments in several countries for the purpose of urban development . They often are responsible for
25-489: Was leveraged in. Circa 988 acres (4.00 km) of derelict land was reclaimed and 24 miles (39 km) of new road and footpaths put in place. The Chairman was Sir William Francis and, subsequently, George Carter and the Chief Executive was David Morgan. It was dissolved in 1998. The Black Country Spine Road was notable for providing the area around Wednesbury with a dual carriageway as well as reducing congestion on
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