Docklands Flashcards
(25 cards)
How much was invested in council and housing association improvements in the Docklands?
£10 million.
How many new homes were built during regeneration, and how many were for rent?
22,000 new homes were built, but only 19% were available for rent.
How did gentrification affect house prices in the Docklands?
Prices rose from around £50,000 in the 1980s to over £600,000 for flats in the 2020s.
Who moved into the Docklands as gentrification increased?
Younger, wealthier professionals, displacing many original residents.
What caused deindustrialisation in the Docklands in the 1960s-70s?
Containerisation shifted port activity downstream, making docks obsolete.
How did unemployment change after regeneration?
It fell from 14% to around 7%.
What sectors now dominate employment in the Docklands?
Tertiary and quaternary sectors, such as finance, media, and technology.
How many jobs are now located in Canary Wharf?
Over 120,000 jobs.
How much private sector investment has Canary Wharf received since the 1980s?
£7.7 billion.
What happened to old warehouses in the Docklands?
Most were demolished or converted into luxury flats.
How were the docks repurposed?
Turned into marinas and watersports areas, e.g., Royal Victoria Dock.
What is One Canada Square?
A 235m skyscraper built in 1991, now an iconic part of Canary Wharf.
What was the LDDC, and when was it established?
The London Docklands Development Corporation, set up in 1981 as a government quango.
How long did the LDDC operate, and how much area did it regenerate?
It operated for 17 years and regenerated 22 km² of East London.
Name four key developments driven by the LDDC.
Canary Wharf, Surrey Quays shopping centre, London City Airport, and the Docklands Light Railway (DLR).
Why did some locals oppose the LDDC?
Due to limited social housing and the displacement of original communities.
When did London City Airport open and what impact did it have?
It opened in 1987 and boosted international business travel and investment.
What is the Docklands Light Railway (DLR), and why is it important?
A light rail system opened in 1987, providing fast links to Central London.
How did the 1999 Jubilee Line extension affect the Docklands?
Improved connections to Stratford, Westminster, and the West End.
Which major TNCs moved into Canary Wharf?
HSBC, Barclays, Citigroup, Morgan Stanley, and J.P. Morgan.
How did TNCs affect employment in the area?
They created thousands of high-paying jobs, attracting a global workforce.
How has foreign property investment influenced the Docklands?
Luxury flats were bought by overseas investors, some left vacant, raising concerns over local housing availability.
What was the migration trend in the Docklands during the 1980s?
Mass out-migration as industries closed.
Who moved into the Docklands in the 1990s–2000s?
Young professionals from across the UK and abroad.
