Plymouth Development Corporation

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

Famous quotes containing the words plymouth, development and/or corporation:

    In clear weather the laziest may look across the Bay as far as Plymouth at a glance, or over the Atlantic as far as human vision reaches, merely raising his eyelids; or if he is too lazy to look after all, he can hardly help hearing the ceaseless dash and roar of the breakers. The restless ocean may at any moment cast up a whale or a wrecked vessel at your feet. All the reporters in the world, the most rapid stenographers, could not report the news it brings.
    Henry David Thoreau (1817–1862)

    I have an intense personal interest in making the use of American capital in the development of China an instrument for the promotion of the welfare of China, and an increase in her material prosperity without entanglements or creating embarrassment affecting the growth of her independent political power, and the preservation of her territorial integrity.
    William Howard Taft (1857–1930)

    It is truly enough said that a corporation has no conscience; but a corporation of conscientious men is a corporation with a conscience.
    Henry David Thoreau (1817–1862)