Growth Zone

Meeting: 
MQT on 2015-07-15
Session date: 
July 15, 2015
Reference: 
2015/2188
Question By: 
Steve O'Connell
Organisation: 
GLA Conservatives
Asked Of: 
The Mayor

Question

Can the Mayor confirm the scope of the GLA's involvement in the Croydon Growth Zone; how much the GLA/Functional Bodies are investing; and timescales for the establishment of the Zone?

Answer

Answer for Growth Zone

Answer for Growth Zone

Answered By: 
The Mayor

The GLA is working closely with Croydon on their plans for the Growth Zone including in discussions with government on the £7m funding announced in the March Budget for the GLA to support the Croydon Growth Zone.  Croydon have estimated that the Zone could generate at least 23,000 net new jobs with a further 5,000 jobs during the construction period, along with at least 8,000 new homes in central Croydon by 2031. I am supporting these ambitions that build on achievements through my Regeneration Fund and TfL's investment programmes.  

The timescale for the establishment of the Zone has not yet been fixed.