London Development Agency
From Wikipedia, the free encyclopedia
The London Development Agency (LDA) was the regional development agency for the London region in England from July 2000[2][3] until 31 March 2012.[4]
| Successor | GLA Land and Property |
|---|---|
| Formation | 1999 |
| Dissolved | 2012 |
| Legal status | Regional development agency |
| Headquarters | Palestra, Southwark |
Region served | Greater London |
Leadership | Appointed board |
| Budget | £410.627 million[1] (2007/08) |
| Website | http://www.lda.gov.uk/ |
| Remarks | Appointment: Mayor of London |
History
The LDA was established as a functional body of the Greater London Authority in July 2000.[5]
As mayor, in 2008, Boris Johnson commissioned a forensic audit of the London Development Agency which recommended that it should only commission projects rather than develop projects directly.[6] In 2010, Boris Johnson announced that he would seek the transfer of the functions of the LDA to the GLA.[7]
The agency was closed on 31 March 2012 as a result of the coalition government's 2010 spending review.[8] The Localism Act 2011 abolished the LDA.[9] A subsidiary of the GLA, GLA Land and Property, was formed to take on the LDA's assets and liabilities.[10]
Remit
The remit of the LDA was to work in partnership with local authorities, voluntary groups, training institutions, businesses and regeneration partnerships.[11]
The LDA was responsible for the compulsory purchase, the clearing of land and the establishment of relocation strategies.[12] One project the LDA did this for was the Queen Elizabeth Olympic Park.[13]
Headquarters
From its establishment until 2006, the LDA was based at 58-60 Devon House, St Katharine's Way, Tower Hamlets.[14][15] From 2006 until its abolition, the LDA was based at Palestra, 197 Blackfriars Road, Southwark.[15]