A development corporation or development firm is an organisation established by a government for the purpose of urban development. They often are responsible for the development of new suburban areas or the redevelopment of existing ones.
Australia In Australia development corporations are often responsible for the economic promotion and growth of areas considered to be under-performing economically. Such corporations include: Central Coast Development Corporation (1998–); previously known as the Festival Development Corporation Cooks Cove Development Corporation; based in The Rocks Hunter Development Corporation (2007–); based in Newcastle Honeysuckle Development Corporation (1992–2007; merged with the Regional Land Management Corporation to form the Hunter Development Corporation); based in Newcastle Macquarie Point Development Corporation (2012–); based in Hobart, Tasmania Northern Tasmania Development Corporation (2017-); North Eastern Tasmania, including Launceston. South Sydney Development Corporation (1996–2005); responsible for managing the Green Square area
Denmark Ørestad Development Corporation (1993–2007); responsible for urban redevelopment of Ørestad. It also constructed parts of the Copenhagen Metro.
India City and Industrial Development Corporation (1970–); agency of the Government of Maharashtra. Constructed the planned town of Navi Mumbai. Currently conducting urban infrastructure and new town developments. Housing and Urban Development Corporation (1970–); agency of the Ministry of Housing and Urban Poverty Alleviation. Responsible for building affordable housing and managing urban development.
Israel Moriah Jerusalem Development Corporation (1986–); established by the Jerusalem Municipality.
South Africa Coega Development Corporation Eastern Cape Development Corporation Free State Development Corporation
United Kingdom In the United Kingdom, New Town Development Corporations were organisations established under the New Towns Act 1946 (9 & 10 Geo. 6. c. 68) by the UK government, charged with the urban development of an area, outside the usual system of Town and Country Planning in the United Kingdom. Originally intended to manage the development of New Towns in the United Kingdom, they were also established for more substantial urban renewal programmes by the Town Development Act 1952.
Urban development corporations in England and Wales NameAreaTimeframeNotesBirmingham Heartlands950 ha in the Nechells area1992–1998Black Countryparts of Sandwell and Walsall, in West Midlands1987–1998Bristolparts of eastern Bristol1989–1995Cardiff BayCardiff docklands area, in City of Cardiff and Vale of Glamorgan1987–2000Central Manchester180 ha of Manchester, near Trafford/Salford border1988–1996Leeds540 ha of Leeds, along River Aire/Leeds and Liverpool Canal, and south of city centre1988–1995London DocklandsLondon Docklands1981–1998 London Thames Gateway Lower Lea Valley (parts of Hackney, Tower Hamlets, Newham and Waltham Forest)London Riverside (southern part of Barking & Dagenham, Havering and Newham) 2004–2013MerseysideMerseyside1981–1998Plymouth67 ha of Plymouth docklands1993–1998SheffieldLower Don Valley1988–1997Teessidelarge tracts of land on River Tees, some in Hartlepool1987–1998Thurrock Thames GatewayThurrock2003–2012Trafford Parklarge area in Trafford and Salford along the Manchester Ship Canal1987–1998Tyne and Wearbanks of the River Tyne and River Wear1987–1998 West Northamptonshire Northamptonshire (parts of Northampton, Daventry and Towcester) 2006–2014
New town development corporations Name Area Timeframe Notes Aycliffe and Peterlee Newton Aycliffe and Peterlee to April 1, 1988 Basildon Basildon Bracknell Bracknell Central Lancashire Central Lancashire Corby Corby Crawley Crawley Cumbernauld Cumbernauld to March 31, 1996 Cwmbran Cwmbran to April 1, 1988 Ebbsfleet Ebbsfleet Valley 2015 - East Kilbride East Kilbride Glenrothes Glenrothes Harlow Harlow Hemel Hempstead Hemel Hempstead Livingston Livingston Milton Keynes Milton Keynes, Buckinghamshire to April 1, 1992 Peterborough Peterborough to October 1, 1988 Redditch Redditch 1964–1985 Runcorn Runcorn merged to form Warrington and Runcorn Skelmersdale Skelmersdale 1964-1984 Stevenage Stevenage 11 Nov 1946 to 1980The Hidden Stevenage Telford Telford, Shropshire to October 1, 1991 Warrington Warrington merged to form Warrington and Runcorn Warrington and Runcorn Warrington and Runcorn to October 1, 1989 Washington Washington to April 1, 1988
Mayoral development corporations The Localism Act 2011 permitted the Mayor of London to create mayoral development corporations in Greater London. The Cities and Local Government Devolution Act 2016 permitted the creation of mayoral development corporations by mayors of combined authority areas.
Name Established by Area Start Notes London Legacy Mayor of London London Olympic Park Old Oak and Park Royal Mayor of London Old Oak Common South Tees Teesworks Stockport Mayor of Greater Manchester Stockport Middleton Mayor of Greater Manchester Middleton 2025 Middlesbrough Middlesbrough Hartlepool Hartlepool Oxford Street Mayor of London Oxford Street Old Trafford Regeneration Mayor of Greater Manchester Old Trafford
, a mayoral development corporation has been proposed for Middleton town centre.
Northern Ireland Maze Long Kesh Development Corporation has been charged with the development of the site of HM Prison Maze.
United States
See also Laganside Corporation, Urban Development Corporation for Belfast, Northern Ireland Community Futures in Canada Land development
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