Formation | 1993 |
---|---|
Dissolved | 1998 |
Headquarters | Plymouth |
Official language | English |
Chair | Sir Robert Gerken |
Key people | John Collinson |
Budget | £45 million |
The Plymouth Development Corporation (or PDC) was an urban development corporation established in Plymouth, Devon, England by the UK Government[1] on 1 April 1993 to "secure the physical, environmental, economic and social regeneration" of surplus parts of the Ministry of Defence's estate and some adjoining land.[2] It had an indicative budget of £45 million and a lifetime of five years. Although subject to criticism for financial irregularities, it laid the foundation for improvements that continued for several years after it was wound up.