Urban Regeneration Company

Urban Regeneration Companies are private companies in the United Kingdom which seek to achieve a radical physical transformation of their areas through masterplanning and co-ordinating financial assistance to developers from both the public and private sector.

The companies

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Northern Ireland

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Ilex Urban Regeneration Company Ltd. (ILEX) was an urban regeneration company set up in 2003 by the Northern Ireland Executive, whose role included redevelopment of the Fort George, Ebrington and Rosemount barracks sites in Derry-Londonderry.[1] ILEX closed in 2016 following criticism of its failure to draw on private investment.[2]

References

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  1. ^ Sinn Fein, Local Labour clauses could help tackle unemployment, published on 21 February 2007, archived on 4 May 2007, accessed on 28 July 2024
  2. ^ BBC News, Ilex: Derry's urban regeneration company is to close with the loss of 18 jobs, published on 29 October 2015, accessed on 28 July 2024
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