The Peterborough Development Corporation was established in February 1968, as a

national government A national government is the government of a nation. National government or National Government may also refer to: * Central government in a unitary state, or a country that does not give significant power to regional divisions * Federal governme ...

initiative, following the city's designation as a third-wave

New Town New is an adjective referring to something recently made, discovered, or created. New or NEW may refer to: Music * New, singer of K-pop group The Boyz Albums and EPs * ''New'' (album), by Paul McCartney, 2013 * ''New'' (EP), by Regurgitator ...

in July 1967. It was based in the Gilbert Scott designed Peterscourt in the city. It was overseen by the Minister of Housing and Local Government, but sought close collaboration with Peterborough City Council and the

Huntingdon and Peterborough Huntingdon and Peterborough was a short-lived administrative and geographical county in East Anglia in the United Kingdom. It existed from 1965 to 1974, when it became part of Cambridgeshire. Formation The Local Government Act 1888 created f ...

(from 1974

Cambridgeshire Cambridgeshire (abbreviated Cambs.) is a Counties of England, county in the East of England, bordering Lincolnshire to the north, Norfolk to the north-east, Suffolk to the east, Essex and Hertfordshire to the south, and Bedfordshire and North ...

) County Council.

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 the development of new suburban areas or the redevelopment of exi ...

s are bodies charged with the urban development of an area, outside the usual system of Town and Country Planning in the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotlan ...

. The corporation's task was to provide homes, work and the full range of facilities and services for an additional 70,000 people, drawn mainly from the

Greater London Greater may refer to: * Greatness, the state of being great *Greater than, in inequality * ''Greater'' (film), a 2016 American film * Greater (flamingo), the oldest flamingo on record * "Greater" (song), by MercyMe, 2014 * Greater Bank, an Austra ...

area. The Development Corporation was officially wound-up in September 1988. However, by this time, the Peterborough Development Agency had already been established as its successor to work towards the city's future prosperity. All remaining assets and liabilities of the corporation were transferred to the

Commission for New Towns English Partnerships (EP) was the national regeneration agency for England, performing a similar role on a national level to that fulfilled by regional development agencies on a regional level. On 1 December 2008 its powers passed to a successor ...

. An urban regeneration company named Opportunity Peterborough, initially under the chairmanship of Lord Mawhinney, was set up by the

Office of the Deputy Prime Minister An office is a space where an organization's employees perform administrative work in order to support and realize objects and goals of the organization. The word "office" may also denote a position within an organization with specific d ...

in 2005 to oversee Peterborough's future development."Expansion: A billion reasons to be cheerful"
, ''Peterborough Evening Telegraph'', 2 March 2005.

References

See also