Centre for Cities report - delivering change
How are cities maximising the value of their local public assets?
The combined impact of the recession and local government funding cuts has made publicly owned land and property assets an increasingly important tool for local authorities to support economic growth, as well as to generate revenue funding.
While national asset management strategies and policies have been targeted at reducing the size of the nationally held public estate to reduce outgoings and release surplus land, the priorities for local authorities are different.
This report, supported by Turner & Townsend, draws on research and in-depth interviews to explore how cities are maximising the value of their local public assets.