Teesside Development Corporation

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Teesside Development Corporation
Teesside development corporation statue.jpg
TDC statue at the Tees Barrage
Formation 1987
Extinction 1998
Headquarters Middlesbrough
Official language English
Chair Sir Ron Norman
Key people Duncan Hall,
Lord Dormand of Easington

The Teesside Development Corporation was a government-backed development corporation that was established in 1987 to fund and manage regeneration projects in the former-county of Cleveland in North East England.

It developed several schemes, many on former industrial land, on both sides of the River Tees and around Hartlepool ranging from housing, commercial, light industrial and leisure projects. Its flagship developments included the Tees Barrage, Hartlepool Marina, Teesside Park and Teesdale Business Park. During its 11 year lifetime 4.6m sq ft of non-housing development and 1,306 housing units were built. Around 12,226 new jobs were created and some £1,089m of private finance was leveraged in. Circa 1,295 acres (5.24 km2) of derelict land was reclaimed and 22 miles (35 km) of new road and footpaths put in place.[1] The chairman was Sir Ron Norman and the chief executive was Duncan Hall; the deputy chairman was the former Member of Parliament for Easington, Lord Dormand of Easington.

Following its abolition in 1998 most of its roles were taken over by the four local authorities of Hartlepool, Stockton-on-Tees, Middlesbrough, and Redcar and Cleveland as well as the regional development agency OneNorthEast and English Partnerships.

The Corporation was later condemned by Labour MP Ashok Kumar for having left a legacy of limited and "often inappropriate and threadbare development".[2]

The areas it regenerated are clearly marked by distinctive TDC statues.

References[edit]

  1. ^ National Audit Office report dated 27 February 2002
  2. ^ Hetherington, Peter (2000-05-27). "Police inquiry into grant by agency: Government redevelopment money was allegedly diverted". The Guardian. Retrieved 2007-12-24.