The quadrant : the ownership, management and design of property schemes to promote sustainable development
Parsons, David
This paper describes the development of the Quadrant, a business centre for new and growing small and medium sized businesses. The aim of the paper is to show how public grants may be used to promote property development schemes which use the principle of asset based regeneration to promote sustainable development involving: − economic sustainability − social sustainability − environmental sustainability The scheme contributes to the sustainability of the local economy by providing accommodation in a managing working environment for start up and growing companies. The principle of asset based regeneration concerns the way in which the rental income is used by Manor and Castle Development Trust (MCDT) to support smaller community based initiatives. MCDT is recognised as a model regeneration partnership, a not for profit company set up as a Development Trust whose remit is the social and economic regeneration of one of the most deprived areas of the region in southern Sheffield. Social initiatives promoted by MCDT include community health programmes, childcare projects, assistance for a range of voluntary groups and partnership projects with private companies to provide new homes. The income is also used by MCDT to promote training programmes which themselves may help generate the formation of new firms.
Event: 5th FIG Regional Conference for Africa : Promoting Land Administration and Good Governance
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