The Royal Albert Docklands Flashcards
(4 cards)
1
Q
When did the area experience economic decline and why
A
Experienced economic decline in the early 80s.
-due to another harbour opening , closer to the ocean, deeper and cheaper.
-due to computerised and containerised ideologies
2
Q
How many people were made redundant/what was the unemployment rate
A
12,000 redundant
60% unemployment rate in some areas
3
Q
Regeneration
A
ABP-Asian business port invested at £1.2 billion. Aiming to create london 3rd financial district and to put London at the centre of Europe.
-4.7 million square feet of residential, retail and leisure space
4
Q
Success ?
A
Unsuccessful due to COVID-19 and BREXIT
