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Bradford moves into next stage of development

13/05/2009

 

Joint Statement from Tom Riordan, Chief Executive of Yorkshire Forward, Tony Reeves, Chief Executive of Bradford City Metropolitan District Council and Dave Curtis, Regional Director, Yorkshire and Humber, Homes and Communities Agency.

“Over the past six years the regeneration of the City Centre has been led by Bradford Centre Regeneration (BCR) Ltd. BCR is an urban regeneration company which is owned by Yorkshire Forward and City of Bradford Metropolitan District Council, with the participation of the Homes and Communities Agency. Bradford City Regeneration (BCR) is due to cease its operations in March 2010.

“In Yorkshire and Humber three Urban Regeneration Companies have been set up since 2000, in line with the Government URC initiative, to drive regeneration in urban centres – the first in Sheffield, the second in Hull and the third in Bradford. In all cases the funding partners have been the local authorities, Yorkshire Forward and English Partnerships (now the Homes & Communities Agency). Bradford Centre Regeneration, as the city’s URC, has worked with the funding partners and the private sector to put a comprehensive regeneration framework in place for Bradford and begin its implementation.

“Both Sheffield and Hull URCs have been wound up successfully and their regeneration responsibilities including pushing forward on delivery of masterplans have been successfully transferred into new delivery arrangements in those cities. In Bradford the funding partners have been working on plans for the same progression over the last 8 months or so. The agreed transition will involve the orderly wind down of Bradford Centre Regeneration (the URC) and the transfer of responsibility for delivering ongoing regeneration to the council.”