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A new Mayoral Development Corporation has been launched to help speed up major regeneration across East Birmingham. The plans include powers over land, planning, tax incentives and infrastructure funding, with the aim of bringing forward homes, jobs, transport links and investment.
Transcript
00:00East Birmingham has long been promised big change, but many communities have waited years to see the benefits.
00:08The latest plan is a mayoral development corporation launched by West Midlands Mayor Richard Parker.
00:15The hope is to speed up regeneration worth £11 billion.
00:20The corporation would bring together powers over land, planning tax incentives and infrastructure funding.
00:27The mayor says that should help cut delays and help give investors more confidence.
00:32The area includes major schemes around Curzon Street, Digbeth, Smithfield and the proposed Birmingham City Sports Quarter.
00:40That project includes plans for a new stadium, transport links, homes and an arena.
00:45Birmingham City Council says the wider programme could create tens of thousands of jobs, thousands of homes and add billions
00:53to the local economy.
00:54But this is still a long term plan, not an overnight transformation for residents, businesses or local streets.
01:01The mayor says East Birmingham includes some of the country's most deprived neighbourhoods and argues the new body could help
01:08tackle deep rooted inequality.
01:11Council Managing Director Joanne Rooney says the corporation would help accelerate developments in the city centre and East Birmingham.
01:20Supporters say the corporation could make planning and investment simpler, while the real measure will be what changes reach existing
01:28neighbourhoods.
01:29Council Managing Director Joanne Rooney says the car is African-American醜
01:29in the city centre and East Birmingham.
01:29Council Managing Director Joanne Rooney says the European Union is 1,000-2008-1193-147-4263-4264-174-183-254
01:29-176-8264-178754-174-178256-187.
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