Formation | 1989 |
---|---|
Dissolved | 1995 |
Headquarters | Bristol |
Location |
|
Official language | English |
Chairman | Christopher Thomas |
Key people | Miles Collinge |
The Bristol Development Corporation was established in 1989 to develop parts of eastern Bristol, England.
The corporation was established as part of an initiative by the future Deputy Prime Minister, Michael Heseltine, in 1989 during the Third Thatcher ministry. [1] Board members were directly appointed by the minister and overrode local authority planning controls to spend government money on infrastructure. This was a controversial measure in Labour strongholds such as East London, Merseyside and North East England. [2] [3]
Its flagship developments included the Bristol Spine Road linking the M32 and the A4, which allowed developments such as the Avonmeads Retail Park to proceed. [4] During its lifetime 1.3m sq.ft. of non-housing development and 676 housing units were built. Around 4,825 jobs were created and some £235m of private finance was leveraged in. Circa 180 acres (0.73 km2) of derelict land was reclaimed and 4.1 miles (6.6 km) of new road and footpaths put in place. [5]
The Chairman was Christopher Thomas and the Chief Executive was Miles Collinge. [6] It was dissolved in 1995. [7]
Michael Ray Dibdin Heseltine, Baron Heseltine, is a British politician. Having begun his career as a property developer, he became one of the founders of the publishing house Haymarket. Heseltine served as a Conservative Member of Parliament from 1966 to 2001. He was a prominent figure in the governments of Margaret Thatcher and John Major, and served as Deputy Prime Minister and First Secretary of State under Major from 1995 to 1997.
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