the role of public infrastructure in urban regeneration
DESCRIPTION
The role of public infrastructure in urban regeneration. An approach to urban regeneration. Thinking through a regeneration strategy What’s happening in the area What’s the role of the area … and what it’s not What’s the reason for the decline What’s the rationale for regeneration - PowerPoint PPT PresentationTRANSCRIPT
The role of public infrastructure in urban regeneration
An approach to urban regeneration
Thinking through a regeneration strategy• What’s happening in the area• What’s the role of the area …
and what it’s not• What’s the reason for the decline• What’s the rationale for regeneration• What’s required to create the platform for
investment
The best economic development strategy is the provision of infrastructureProf Richard Tomlinson
What are the questions to be asked• What is the economic basis of the area?• How is the economy performing/changing?• What are the economic drivers?• What problems do key businesses in the
area face?• Why aren’t households investing in the
area? • What are the strengths and weaknesses of
the economy?
An approach to urban regenerationThe new role
– Government– Education– Entry point to the formal economy– Absorptive capacity of migrants– Global networks and trade– Opportunities for small businesses– Financial services, back office
processing, retail, manufacturing, the creative industries
Guiding principles– Focus on the basics– Work collaboratively– Create an enabling and profitable
investment environment– Maintain and increase the momentum
An approach to urban regeneration
Cities are there to facilitate exchange of information, friendship, material goods, culture, knowledge, insight, skills, and also exchange of emotional, psychological and spiritual
support.
Things to think about
A functional areaTargeted public sector investment
Creating a platform for private sector investmentLeverage
Managing the consequences
Getting the basics right– Input costs
• Crime: 2.5% of revenue spent on security
– Services• Electricity connections• Sewer• Water
– Functionality• What kind of businesses• Encouraging household
investment – Building a secondary
housing market
Clean, safe and functional
Targeting public sector investment
28th May 2010
The Newtown Strategy
Making the area safe clean and attractive
Making the area accessible
Developing a critical mass
Clustering the creative industries and developing a critical mix
The Investment Strategy
Gov
ernm
ent f
unde
d
Upgrading the public environmentMary Fitzgerald SquarePublic art
Nelson Mandela Bridge and the M1 On and Off RampsMetro MallWestgate Station
Gov
ernm
ent s
uppo
rted Housing subsidies
Social housing policy for the inner city
Refurbishment of cultural spacesMarketing and branding
Aligning funding
– MIG– PIG– NDPG– Department of Human
Settlements– Education– Health– Arts and Culture– Sports and recreation– Public Works
to name but a few
28th May 2010
Targeting public sector investment
THE OUTLYING VILLAGES
8
9 10
WESTERN VILLAGE 7THE WESTERN VILLAGE
THE GREEN BELT 6
THE STADIUM COMPLEX
5
THE ANCHOR4
THE HILLTOP SITE3
THE TRUST VILLAGE 2 THE GATEWAY STRIP
1 33ha103ha
90ha
252ha
96ha
114ha
85ha
223ha
TOTAL996ha
Creating a platform for private sector investment
Competitive, understandable and profitable
– Clean and safe– Management – Certainty– Parking– The planning regime– The regulatory
environment– Services
• Electricity connections
• Sewer• Water
Leverage
Defining leverage– Is direct leverage always a requirement?– Measuring leverage
• Is enhanced productivity leverage• Is economic impact leverage
28th May 2010
Savanna City
Making the decision– Direct leverage and indirect
leverage– Setting targets– Promoting leverage– Budgets for investment promotion
Managing the consequences
28th May 2010
Government [must be] focused on improving the environment for businessProf Michael Porter
It’s not done when it’s built
Building social cohesion
Re-imagining
the city
Building the economy
Building partner-
ships
