LDC Flashcards
(14 cards)
What was the main purpose of the London Docklands Development Corporation (LDDC)?
To attract private investors
The LDDC was established in 1981 by the UK government.
When was the Docklands Light Railway (DLR) opened?
1987
The DLR was established to connect the Docklands with central London.
What significant development transformed the Docklands into a global financial hub?
Canary Wharf development
It attracted major banks and corporations like HSBC.
Approximately how many new homes were built in the Docklands under the LDDC?
22,000
This included luxury apartments and affordable housing.
What infrastructure improvement was made alongside the LDDC initiatives?
Improved road infrastructure, e.g. Limehouse Link
This was part of efforts to enhance connectivity.
What year did London City Airport open?
1987
It was opened to serve business travelers.
What were some of the community facilities invested in by the LDDC?
- Schools
- Healthcare
- Leisure centers
These investments aimed to improve local living conditions.
By the 1990s, what was the rank of Canary Wharf in terms of financial districts in London?
Second-largest
It followed the City of London.
How many new jobs were created in the Docklands by 1998?
Over 85,000
Most jobs were in finance and business services.
True or False: The jobs created by the LDDC were accessible to most local residents.
False
Many jobs in finance and services required skills that local people lacked.
What criticism was leveled against the LDDC regarding housing?
Rising house prices marginalized and displaced existing residents
This was a consequence of gentrification in the area.
Fill in the blank: The LDDC heavily relied on ________, which prioritized profit over social welfare.
private sector investment
This raised concerns about the social impact of developments.
What environmental issue required costly cleanup in parts of the Docklands?
Industrial pollution
This was a significant concern during the redevelopment process.
What areas were included in the LDDC’s creation of conservation?
17 conservation areas
These aimed to preserve the historical and cultural significance of the Docklands.