Tuesday, March 16, 2010 Wisconsin Real Estate Viewpoint Blog
MIPIM 2010: Lasting legacy? by Graaskamp Center Staff
Wisconsin Real Estate MBAs report from MIPIM 2010:

Tuesday March 16
Keynote and Panel: Boris Johnson, Mayor of London, and an Overview of London’s Approach to City Planning

As host of the 2012 Summer Olympics, London is implementing many improvements to create a low-density mosaic with green space that facilitates continued development. The conditions, outlined by the Mayor, to increase development were: safety, fluidity in the housing market (London has created a plan to deliver 50,000 affordable homes) and the creation of a London-wide housing company (to alleviate some of the risk in land holdings). Plans include the sale of £1.5 billion in land holdings in 5–6 years for development and creation of more affordable housing in a partnership with local developers, ideally setting the stage for a lasting legacy for the city.

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