Camden Regeneration Plans

A summary of: Camden Community Investment Programme CENV/2010/55

report to Cabinet 1.12.10 by Alison Griffin AD Regen & Partnerships 020 7974 6960

This is a 15-year programme of community investment proposals.  Estate regeneration proposals are scheduled for years 5-15 only.

• In nine areas these are coordinated in ‘place shaping’ plans to change the local area.
• Other proposals relate to council-owned shops, community centres and car parks, many on council estates.

Many of these sites are targeted for redevelopment in the Property Area Reviews, to raise £100 million in receipts by selling off property and sites (see http://democracy.camden.gov.uk/mgConvert2PDF.aspx?ID=882  Financial Strategy: para 9.13 receipts from the Community Investment Programme).

The Community Investment Programme is a ‘self-funding property improvements programme that also delivers significant capital receipts and revenue savings…In order to achieve the capital receipt and revenue targets there will need to be a significant number of unencumbered sales for the highest price possible.’ (3.4)