Skip to main content
Bisnow

Shocking Data And The West Midlands Coronavirus Recovery Plan To Help Heal The Regional Property Market

The coronavirus lockdown will damage the West Midlands economy more seriously than the national average, new research has concluded. Problems in the property sector, including too much office floorspace and inflexible landlords, will be part of a constellation of serious hurdles, a report from the West Midlands Economic Institute suggested.

Work to rebuild local economies will need to be radical, according to background material prepared by the Centre for Local Economic Studies collaboration with the U.S.-based research and development lab The Democracy Collaborative. The analysis “makes the case for community wealth building as the vehicle to drive systemic change through the initial rescue and recovery phases”. In so doing, CLES argued, local authorities can lay the groundwork for a wholesale, much needed, reform of their local economies — making them fairer, more inclusive and more secure than those that existed before.

Read the entire article at Bisnow.

Publication date: 2020-04-29
Parent publication: Bisnow
Publication URL: https://www.bisnow.com/birmingham/news/land/west-mids-recovery-plan-involves-brownfield-land-104144

More related work

Illustration courtesy of United Nations

All health is public health: Busting the myths of choice and commodity

For decades, we have been sold a myth of private health. It is a myth that our health is largely a product of individual choices and personal responsibilities. It is a myth that our healthcare is a service that private corporations can provide, and for which we must pay to survive. But the COVID-19

read more
Neil McInroy (Source: Coop News)

Neil McInroy joins TDC to advise stepped-up community wealth building program

The former CEO of a leading UK economic think tank will be central in helping build capacity to offer powerful new technical assistance to cities and local authorities pursuing community wealth building strategies.

read more
Default Image

The Democracy Collaborative and The Democracy Collaborative Workers' Union agree to fair severance package for laid-off staff

TDC and union members have agreed to a package of protections that goes well beyond the baseline severance provisions for layoffs agreed to in TDC’s union contract.

read more