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Good practice Imported

Mayor’s Regeneration Fund (MRF)

United Kingdom · London · See the United Kingdom profile · See the London profile

Evidence: Descriptive / self-reported Top 4% 91/100 · Ask Evidence Copilot about this practice

£70 million allocated in areas affected by civil disturbances across London including 23 projects in 9 boroughs and 13 distinct locations

£70 million
Fund size (2012-2022)
660 / 1,100
Jobs created / safeguarded
200 created / 415 supported
New businesses created / supported
~84,000 m2
Public realm improved
Mayor’s Regeneration Fund (MRF)

Details

Promoter
Mayor of London, Department for Communities and Local Government, Greater London Authority (GLA)
Period
2012-2022
Keywords
Transport, public realm, skills, business development

Context

The Mayor's Regeneration Fund allocated £70 million to areas of London affected by the 2011 civil disturbances, funding 23 projects across 9 boroughs and 13 locations. The Greater London Authority partnered with boroughs to select projects against five criteria: deliverability, vibrancy and growth, place-shaping, collaboration and support, and geographic suitability.

Objectives

The fund's objective was to deliver a targeted, accelerated and multi-agency approach to regeneration, helping to create safer, more attractive, more vibrant and more economically successful places to live, work and invest in.

Results

The GLA's review records nearly 84,000 m2 of public-realm improvements, 18,000 m2 of new commercial floorspace, 73 buildings improved and 13 vacant buildings returned to use, 660 jobs created and 1,100 safeguarded, 200 new businesses created, 415 businesses supported, and 324 new apprenticeships with 1,500 people trained or advised. The review notes that impact takes 5-10 years to become apparent in the data, and the programme informed later funds (London Regeneration Fund, High Street Fund, Good Growth Fund).

Conclusions

Key learnings from the review stress that long-term social impacts need to be tracked over a 10-year period, that projects took longer than anticipated to finalise but benefited from flexibility, and that clearly defined selection criteria and community co-design are needed before committing regeneration funding.

Implementation

Implementation detail (cost, timeline, staffing, conditions for success) is not yet available for this practice.

Commonly funded by

National / regional programmes

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Data sources

Where this practice's information was retrieved from, and when.

Attachments

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