5-571: The Merseyside Development Corporation was a central government-appointed Development Corporation set up in 1981 by Margaret Thatcher 's government to regenerate the Mersey docks of Liverpool , Bootle , Wallasey and Birkenhead . It was one of two Development Corporations to be set up in 1981, the other being the London Docklands Development Corporation , which also focused on disused docklands. The first Chief Executive
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
20-736: Was Basil Bean, who had previously been general manager of the Northampton Development Corporation. Actitivies undertaken by the Corporation include the Liverpool International Garden Festival in 1984, and the redevelopment of the Albert Dock complex, which included the opening of Tate Liverpool . During its lifetime 7.6m sq.ft. of non-housing development and 486 housing units were built. Around 22,155 new jobs were created and some £698m of private finance
25-408: Was leveraged in. Circa 944 acres (3.82 km) of derelict land was reclaimed and 60 miles (97 km) of new road and footpaths put in place. The corporation was wound up in 1998. Development Corporation Development corporations or development firms are organizations established by governments in several countries for the purpose of urban development . They often are responsible for
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