Development corporations or development firms are organizations established by governments in several countries for the purpose of

urban development Urban means "related to a city". In that sense, the term may refer to: * Urban area, geographical area distinct from rural areas * Urban culture, the culture of towns and cities Urban may also refer to: General * Urban (name), a list of people ...

. 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 Newcastle usually refers to: *Newcastle upon Tyne, a city and metropolitan borough in Tyne and Wear, England *Newcastle-under-Lyme, a town in Staffordshire, England *Newcastle, New South Wales, a metropolitan area in Australia, named after Newcastle ...

Honeysuckle Development Corporation Honeysuckle Development Corporation (HDC) was a corporation owned by the Government of New South Wales with responsibility for a major urban renewal project on the harbourside of Newcastle Newcastle usually refers to: *Newcastle upon Tyne, a city ...

(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 Hobart ( ; Nuennonne/Palawa kani: ''nipaluna'') is the capital and most populous city of the Australian island state of Tasmania. Home to almost half of all Tasmanians, it is the least-populated Australian state capital city, and second-small ...

Tasmania ) , nickname = , image_map = Tasmania in Australia.svg , map_caption = Location of Tasmania in AustraliaCoordinates: , subdivision_type = Country , subdi ...

Northern Tasmania Development Corporation
(2017-); North Eastern

Tasmania ) , nickname = , image_map = Tasmania in Australia.svg , map_caption = Location of Tasmania in AustraliaCoordinates: , subdivision_type = Country , subdi ...

, 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 Ørestad () is a developing city area in Copenhagen, Denmark, on the island of Amager. The area was developed using the new town concept, closely linked with the M1 line of the Copenhagen Metro. Economically, income for the plan would be genera ...

. It also constructed parts of the

Copenhagen Metro The Copenhagen Metro ( da, Københavns Metro, ) is a 24/7 rapid transit system in Copenhagen, Denmark, serving the municipalities of Copenhagen, Frederiksberg, and Tårnby. The original system opened in October 2002, serving nine stations on t ...

India

City and Industrial Development Corporation The City and Industrial Development Corporation of Maharashtra (CIDCO) is an Indian city planning agency and richest government authority in India which is formed and controlled by the Government of Maharashtra. CIDCO was formed on 17 March 197 ...

(1970–); agency of the

Government of Maharashtra The Government of Maharashtra is the state governing authority for the state of Maharashtra, India. It is a democratically elected government with 288 MLAs elected to the Vidhan Sabha for a five-year term. Maharashtra has a Maharashtra Legisla ...

. Constructed the

planned town A planned community, planned city, planned town, or planned settlement is any community that was carefully planned from its inception and is typically constructed on previously undeveloped land. This contrasts with settlements that evolve ...

Navi Mumbai Navi Mumbai (), is a planned city situated on the west coast of the Indian subcontinent, located in the Konkan division of Maharashtra state, on the mainland of India. Navi Mumbai is part of the Mumbai Metropolitan Region (MMR). The city is ...

. Currently conducting urban infrastructure and new town developments. *

Housing and Urban Development Corporation The Housing and Urban Development Corporation Limited (HUDCO) is a central public sector undertaking under the ownership of Ministry of Housing and Urban Affairs, Government of India in India. History This institution came into existence on 25, ...

(1970–); agency of the

Ministry of Housing and Urban Poverty Alleviation The Ministry of Housing and Urban Poverty Alleviation was a ministry of the Government of India responsible for urban poverty, housing, and employment programs. It involved in national policy decisions and coordinates with Indian central minist ...

. Responsible for building affordable housing and managing urban development.

Israel

* Moriah Jerusalem Development Corporation (1986–); established by the

Jerusalem Municipality The Jerusalem Municipality ( he, עיריית ירושלים; Iriyat yerushalayim), the seat of the Israeli municipal administration, consists of a number of buildings located on Jaffa Road in the city of Jerusalem. History British Mandate ...

South Africa

* Coega Development Corporation *Eastern Cape Development Corporation *Free State Development Corporation

United Kingdom

In the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...

New Town Development Corporation The New Towns Acts were a series of Acts of the Parliament of the United Kingdom to found new settlements or to expand substantially existing ones, to establish Development Corporations to deliver them, and to create a Commission to wind up the C ...

s are organisations established under the

New Towns Act 1946 The New Towns Acts were a series of Acts of the Parliament of the United Kingdom to found new settlements or to expand substantially existing ones, to establish Development Corporations to deliver them, and to create a Commission to wind up the ...

by the

UK government ga, Rialtas a Shoilse gd, Riaghaltas a Mhòrachd , image = HM Government logo.svg , image_size = 220px , image2 = Royal Coat of Arms of the United Kingdom (HM Government).svg , image_size2 = 180px , caption = Royal Arms , date_es ...

, charged with the urban development of an area, outside the usual system of

Town and Country Planning in the United Kingdom Town and country planning in the United Kingdom is the part of English land law which concerns land use planning. Its goal is to ensure sustainable economic development and a better environment. Each country of the United Kingdom has its own pla ...

. Originally intended to manage the development of

New Towns in the United Kingdom The new towns in the United Kingdom were planned under the powers of the New Towns Act 1946 and later acts to relocate populations in poor or bombed-out housing following the Second World War. They were developed in three waves. Later developments ...

, they were also established for more substantial urban renewal programmes by the

Town Development Act 1952 The New Towns Acts were a series of Acts of the Parliament of the United Kingdom to found new settlements or to expand substantially existing ones, to establish Development Corporations to deliver them, and to create a Commission to wind up the C ...

Urban development corporations in England and Wales

New town development corporations

Mayoral development corporations

The

Localism Act 2011 The Localism Act 2011 (c. 20) is an Acts of Parliament in the United Kingdom, Act of Parliament that changes the powers of local government in England. The aim of the act is to facilitate the devolution of decision-making powers from central gov ...

permitted the

Mayor of London The mayor of London is the chief executive of the Greater London Authority. The role was created in 2000 after the 1998 Greater London Authority referendum, Greater London devolution referendum in 1998, and was the first Directly elected may ...

to create mayoral development corporations in Greater London. The

Cities and Local Government Devolution Act 2016 The Cities and Local Government Devolution Act 2016 (c. 1) is an Act of the Parliament of the United Kingdom designed to introduce directly elected mayors to combined local authorities in England and Wales and to devolve housing, transport, pla ...

later permitted the creation of mayoral development corporations in combined authority areas.

References

{{reflist Development corporations