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The Central Manchester Development Corporation was established in 1988 to develop parts of eastern
The Central Manchester Development Corporation was established in 1988 to develop parts of eastern Manchester
Manchester () is a city and the metropolitan borough of Greater Manchester, England. It had an estimated population of in . Greater Manchester is the third-most populous metropolitan area in the United Kingdom, with a population of 2.92&nbs ...
.
History
The corporation was established as part of an initiative by the futureDeputy Prime Minister
A deputy prime minister or vice prime minister is, in some countries, a Minister (government), government minister who can take the position of acting prime minister when the prime minister is temporarily absent. The position is often likened to th ...
, Michael Heseltine
Michael Ray Dibdin Heseltine, Baron Heseltine, (; born 21 March 1933) is a British politician. Having begun his career as a property developer, he became one of the founders of the publishing house Haymarket Media Group in 1957. Heseltine se ...
, in 1988 during the third Thatcher ministry. Board members were directly appointed by the minister and overrode local authority planning controls to spend government money on infrastructure. This was a controversial measure in Labour strongholds such as East London, Merseyside and North East England.
Its flagship developments included the Bridgewater Hall concert auditorium, the Manchester Central Convention Complex and the Science and Industry Museum. During its lifetime, of non-housing development and 2,583 housing units were built. Around 4,944 new jobs were created and some £303m of private finance was leveraged. Nearly of derelict land was reclaimed with of new roads and footpaths established.
The Chairman was Dr James Grigor and the Chief Executive was John Glester. It was dissolved in 1996.
References
{{reflist Organisations based in Manchester Organizations established in 1988 Organizations disestablished in 1996 Defunct public bodies of the United Kingdom Development Corporations of the United Kingdom 1988 establishments in England