§ Mr. Tony Banksasked the Secretary of State for the Environment if he will give a detailed breakdown on a project by project basis of the 1,000 permanent jobs in the Isle of Dogs enterprise zone which the London Docklands Development Corporation claims to have created.
430W
§ Sir George Young[pursuant to his reply, 8 June 1984, c. 317]: LDDC's estimate of jobs attracted to the enterprise zone is broken down as follows:
Number of jobs Cannon Workshops 290 LDDC short lettings 130 Indescon Court 30 River Park Trading Estate 20 LDDC office* 280 Limehouse Studios 70 Northern and Shell 80 Teltchers 130 Total 1,030 * Includes permanent staff and support staff and consultants on fixed term contracts.
§ Mr. Tony Banksasked the Secretary of State for the Environment how many houses and flats in the London Docklands Development Corporation area (a) have been developed since 1981 and (b) will be developed in future, in each of the following price ranges: under £30,000,£31,000 to £49,000, £50,000 to £69,000, £70,000 to £90,000 and over £100,000.
§ Sir George Young[pursuant to his reply, 8 June 1984, c. 317]: In addition to the 1,474 dwellings already completed, work is under way on sites for some 2,500 dwellings. LDDC envisages that about 5,500 further dwellings will be built on land currently in the corporation's ownership, and that there is sufficient developable land in other ownerships to accommodate at least another 3,000 dwellings.
Information is not available on the specific price ranges quoted, but of 3,000 dwellings on LDDC land, either completed or on sites where work has started, the price ranges are as follows:
Per cent. Less than £35,000 54 £35,000—£40,000 16 Over £40,000 30
§ Mr. Tony Banksasked the Secretary of State for the Environment (1) when the London Docklands Development Corporation's 1984–85 corporate plan will be made available to the public;
(2) when the full version of the London Docklands Development Corporation's 1983–84 corporate plan is to be made available to the public.
§ Sir George Young[pursuant to his reply, 8 June 1984, c. 317]: LDDC published a summary of its first corporate plan, which focused on the year 1983–84. I see no point in making available a full version of that plan as it is now out of date. LDDC intends to make available its 1984–85 plan next month.
§ Mr. Tony Banksasked the Secretary of State for the Environment what is the present ratio of public to private sector investment in (a) the enterprise zone in Tower Hamlets and (b) the rest of the London Docklands Development Corporation area.
§ Sir George Young[pursuant to his reply, 8 June 1984, c. 317]: LDDC had spent £25–1 million in the enterprise zone at the end of March, and estimated that it had attracted more than £140 million of investment from the 431W private sector. Taking into account receipts from land disposals, the ratio of public to private investment is 1:6.8.
No estimate for the rest of the urban development area is currently available because of difficulties in obtaining reliable information about the overall level of private investment, but on LDDC housing sites it is estimated that against expenditure by the corporation of £30 million, private investment of £105 million had been secured. Taking into account receipts from land disposals the ratio of public to private investment is 1:4.2.