MONEY MATTERS

摘要

Robert W Service once wrote: 'It isn't the mountain ahead that wears you out, iT's the grain of sand in your shoe.' Balancing our place-shaping vision with our small grains of local resource is more than a challenging task. Croydon LBC has launched a major initiative for a £450m urban regeneration vehicle (URV), which will be formed with a private sector partner (PSP), based on 50/50 ownership, to develop out key sites of council-owned assets. The key benefit of the URV will be the ability for the council to retain more control over our key developments, and ensure they meet our regenerative aspirations for the borough.