Last edited 27 Dec 2020

Development corporation

Development corporations can be created by statutory instruments to facilitate developments in areas that need large-scale coordination of investment and planning. They are a statutory bodies set up to regenerate a designated area, bringing land and buildings into effective use, and acting as the planning authority for that area.

Many of the post-war new towns were established by New Town Development Corporations created under the New Towns Acts.

Types of development corporation in the UK now include:

In June 2018, it was announced that local councils are to be given powers to request the creation of New Town Development Corporations, accountable to the local authority or authorities in the area.

These locally-led bodies will be responsible for delivering new towns and garden communities in their area by:

Housing Minister Dominic Raab MP said; “We need to build the homes our communities need and I’m committed to giving councils the tools they need to deliver. That’s why we’re giving councils the option of applying to establish development corporations. These will be locally accountable and must listen to the views of the community to ensure that the right homes are built in the right places.”

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