Black Country Development Corporation
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The Black Country Development Corporation was established in 1987 to develop land in Sandwell and Walsall. Its flagship developments included the Black Country Spine Road. During its lifetime 11.9m sq.ft. of non-housing development and 3,774 housing units were built. Around 21,440 new jobs were created and some £1,150m of private finance was leveraged in. Circa 988 acres of derelict land was reclaimed and 24 miles of new road and footpaths put in place.[1] The Chairman was Sir William Francis and, subsequently, George Carter and the Chief Executive was David Morgan. It was dissolved in 1998.
[edit] References
- ^ National Audit Office report dated 27 February 2002.