London Development Agency

London Development Agency
Successor GLA Land and Property
Formation 1999
Extinction 2012
Legal status Regional development agency
Headquarters Palestra, Southwark
Region served
Greater London
Leadership
 Appointed board
Budget
£410.627 million[1] (2007/08)
Website lda.gov.uk
Remarks Appointment: Mayor of London
LDA entrance in Palestra House, designed by Will Alsop and Buro Happold

The London Development Agency (LDA) was the regional development agency for the London region in England. It existed as a functional body of the Greater London Authority. Its purpose was to drive sustainable economic growth within London.

Major achievements included the Thames Barrier. Smaller projects were inherited from English Partnerships or done in collaboration with Greater London Authority and other public sector organisations including Department for International Development, the British Council, and London College of Fashion alongside London boroughs. Members of the Greater London Authority commissioned a 2008 report on these projects, followed by another in 2009.

The agency was closed on 31 March 2012 as a result of the coalition government's spending review.[2] Following closure of the London Development Agency, some of its functions were assumed by the Greater London Authority itself. These include support for Visit London, Think London and Study London and the administration of London's European Structural Funds Programmes. The GLA was required by the Localism Act 2011 to take over the assets and liabilities of the former LDA in the subsidiary corporation GLA Land and Property.[3]

The LDA was based at Palestra, 197 Blackfriars Road, Southwark, south London (across the street from Southwark tube station). The LDA Olympic Land team was based at London 2012 headquarters in Docklands.

Board

The board members were appointed by the Mayor of London, and were:

References

  1. ↑ London Development Agency - Statement of Accounts 2007-2008
  2. ↑ London Development Agency to cut 200 jobs by April URL accessed 14 November 2010.
  3. ↑ http://www.lda.gov.uk/about-the-lda/transition-and-closure/index.aspx
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