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INTRODUCTION
New East Manchester Limited, established in October 1, was the second Urban Regeneration Company to be created. The company is a partnership between national (English Partnerships), regional (North West Development Agency) and local government (Manchester City Council), with local communities playing a full part.
Encompassing 1,100ha situated immediately East of Manchester City Centre, "New East Manchester" presents an opportunity for investment and regeneration on a scale unprecedented in an English city.
East Manchester Characteristics
· 1,100 hectares East of Manchester city centre
· Traditional manufacturing base 60% employment loss 175-85
· 1% population loss in 10's
· Collapse in housing market
· 0% vacant properties, Negative equity
· Low skills base, High crime/ poor health/ poor community and retail facilities
· Fragile economic base
· 5% households receive benefit
· 1% unemployment
· Poor infrastructure and environment
There are two core objectives to East Manchester's regeneration
· Creating sustainable communities through making East Manchester an attractive place to live and work with a range and quality of facilities and services that the local community needs and through making sure that economic benefit is secured for local people
· Ensuring that East Manchester maximises the contribution it can make to the regional national and global economy.
East Manchester will benefit from a range of funding and area based initiatives including
· £5 million New Deal for Communities funding
· £5 million of improvement money through the SRB Round 5
· SureStart initiative of up to £ million to aide pre-school children
· New Deal for Communities
· Single Regeneration Budget
· Education Action Zone
· Health Action Zone
· Sports Action Zone
· Ancoats Urban Village
· Objective Funding
· Sure Start
The Regeneration Framework "New East Manchester A New Town in the City" provides the basis for how the regeneration of East Manchester will be taken forward over the next ten years and beyond. This regeneration will seek to
· Double the population to 60,000 over 10 15 years
· Build up to 1,500 new homes offering a range of tenure and type
· Improve 7,000 existing homes
· Create a 160 hectare business park
· Provide the £100 million Sportcity complex, 48,000 seat stadium and associated facilities
· Create a new town centre with a 10,000 sq ft retail provision
· Integrated public transport system
· New regional park system
· Educational attainment above the city average
By 00 New East Manchester seek to achieve
· Sportcity completed
· New Town Centre retail and residential development completed
· Phase 1 North Manchester Business Park completed by end of year
· 000 jobs created
· Ashton Canal Corridor comprehensive improvements
· New homes under construction
- Beswick Phase 1
- New Islington Millennium Community
- New Town Centre residential
REGENERATION FRAMEWORK
The Regeneration Framework for East Manchester sets out the basis for regenerating East Manchester over the next 10 15 years. Two fundamental objectives, which underpin this framework, are mutually inter-dependent
· the creation of sustainable communities. The economic decline of the area has generated a range of economic and social problems, which have challenged the very basis of community in many parts of East Manchester. The economic resurgence which the area will undergo in the next decade will be accompanied by a range of measures to secure benefit - particularly employment - for local people, to enhance the social and economic base of the area by making East Manchester an attractive, safe and friendly area in which to live and work, and to provide the range and quality of facilities which are necessary to ensure the long-term viability of the area.
· to maximise the contribution that East Manchester makes to national, regional and local competitiveness. Cities are the economic drivers of the regional and national economy, and East Manchester has a critical role to play in developing Manchesters contribution to the economy of the North West region and, by extension, to the performance of the region and the nation within global markets
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