8th January 2003
LRC Masterplan wins EMDA approval

The Leicester Regeneration Company’s masterplan for future development has received formal approval from the East Midlands Development Agency (emda), one of the company’s supporting partners.

The masterplan was produced by consultants Roger Tym & Partners and launched last November. It outlines physical regeneration in the city over the next ten to fifteen years.

The emda sub-board met at the end of last year and gave their formal approval of the plan. Emda’s decision indicates ‘in principle’ support for the projects in the masterplan, potentially including funding and the use of emda’s Compulsory Purchase Order powers. This enables LRC’s key projects to progress. These include the development of the prime office core and the Science and Technology Park.

John Nicholls, Chief Executive of the LRC said ‘Emda has been a staunch supporter of the LRC from the outset. This decision is a clear signal of their support for our strategy and of emda’s willingness to help us to deliver it.’

Ian Lodder of emda said ‘We are delighted to endorse the LRC masterplan, which we see as a key means of delivering our mission to enhance the economic competitiveness of the region.’

The Leicester Regeneration Company is supported by emda, Leicester City Council and English Partnerships.

For more information on the work of the company please visit leicesterregeneration.co.uk or for a copy of the masterplan call .

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