The Plymouth Development Corporation (or PDC) was an urban development corporation established in Plymouth, Devon, England by the UK Government 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. 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.
Read more about Plymouth Development Corporation: Formation, The Sites and Plans, Financial Irregularities, Results
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