The role of public infrastructure in urban regeneration

1. The role of public infrastructure in urban regeneration

2. An approach to urban regeneration Thinking through a regeneration strategy • What’s happening in the area • What’s the role of the area … and what it’s not • What’s the reason for the decline • What’s the rationale for regeneration • What’s required to create the platform for investment The best economic development strategy is the provision of infrastructure Prof Richard Tomlinson • What are the questions to be asked • What is the economic basis of the area? • How is the economy performing/changing? • What are the economic drivers? • What problems do key businesses in the area face? • Why aren’t households investing in the area? • What are the strengths and weaknesses of the economy?

3. An approach to urban regeneration The new role • Government • Education • Entry point to the formal economy • Absorptive capacity of migrants • Global networks and trade • Opportunities for small businesses • Financial services, back office processing, retail, manufacturing, the creative industries Guiding principles • Focus on the basics • Work collaboratively • Create an enabling and profitable investment environment • Maintain and increase the momentum

4. An approach to urban regeneration Cities are there to facilitate exchange of information, friendship, material goods, culture, knowledge, insight, skills, and also exchange of emotional, psychological and spiritual support. Things to think about • A functional area • Targetedpublic sector investment • Creating a platform for private sector investment • Leverage • Managing the consequences

5. Clean, safe and functional Getting the basics right • Input costs • Crime: 2.5% of revenue spent on security • Services • Electricity connections • Sewer • Water • Functionality • What kind of businesses • Encouraging household investment • Building a secondary housing market

6. Targeting public sector investment The Newtown Strategy The Investment Strategy Making the area safe clean and attractive Upgrading the public environment Mary Fitzgerald Square Public art Government funded Making the area accessible Nelson Mandela Bridge and the M1 On and Off Ramps Metro Mall Westgate Station Developing a critical mass Housing subsidies Social housing policy for the inner city Government supported Clustering the creative industries and developing a critical mix Refurbishment of cultural spaces Marketing and branding

7. Targeting public sector investment Aligning funding • MIG • PIG • NDPG • Department of Human Settlements • Education • Health • Arts and Culture • Sports and recreation • Public Works to name but a few 8 7 5 9 3 4 6 2 1 33ha 103ha THE GATEWAY STRIP THE TRUST VILLAGE 114ha 90ha THE HILLTOP SITE THE STADIUM COMPLEX 10 252ha 85ha 96ha THE GREEN BELT THE ANCHOR THE WESTERN VILLAGE WESTERN VILLAGE 223ha THE OUTLYING VILLAGES TOTAL996ha

8. Creating a platform for private sector investment • Competitive, understandable and profitable • Clean and safe • Management • Certainty • Parking • The planning regime • The regulatory environment • Services • Electricity connections • Sewer • Water

9. Leverage Savanna City Defining leverage • Is direct leverage always a requirement? • Measuring leverage • Is enhanced productivity leverage • Is economic impact leverage Making the decision • Direct leverage and indirect leverage • Setting targets • Promoting leverage • Budgets for investment promotion

10. Managing the consequences Government [must be] focused on improving the environment for business Prof Michael Porter Building social cohesion Building partner-ships Re-imagining the city It’s not done when it’s built Building the economy

11. Graeme Reid Director Urban Genesis 011 447 8841 graeme.reid@urbangenesis.co.za