Regeneration agency Liverpool Land Development Company (LLDC) has appointed David Waugh (pictured) as its first chief executive.
Waugh, who took up post this week, was Olympia & York’s executive project director at Canary Wharf for four years.
In the 1980s, he was a vice-president of Ameristar Properties, responsible for residential schemes in Florida and the redevelopment of a ‘Harbourfront’ regeneration site in Toronto.
LLDC has been created and is funded by Liverpool council, the North West Development Agency and English Partnerships, as the successor to Speke Garston Development Company (SGDC), which it incorporates.
From April 2003, it will be responsible for attracting jobs and investment to four of the eight Merseyside Strategic Investment Areas (SIAs) earmarked for European Union Objective One funding, and will spend more than £70m over four years.
The SIAs covered by LLDC are:
- Speke Halewood
- Atlantic Gateway (north Liverpool docklands)
- Eastern Approaches (Edge lane and the area around Wavertree Technology Park)
- Approach 580 (Gillmoss and Kirkby)
Last April, Bob Lane resigned as chief executive-designate of LLDC, after six years as SGDC’s chief executive. Seeking “a new regeneratioon challenge”, he become the chief executive of the new urban regeneration company in Corby, Northamptonshire.
LLDC was originally set to begin its work in April 2001, with its launch date having twice been postponed.
EGi News 17/12/02
