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Announcement re Mayoral Development Corporation (MDC) proposal for N17 area

Posted on 23 March 2011  - 12:00

The Mayor of London has today (Wednesday, March 23) announced that a Mayoral Development Corporation is proposed for the area including N17 in the London Borough of Haringey.

Announcement re Mayoral Development Corporation (MDC) proposal for N17 area

The Mayor of London has today (Wednesday, March 23) announced that a Mayoral Development Corporation is proposed for the area including N17 in the London Borough of Haringey.

Daniel Levy, Chairman, commented, ""We have been in dialogue with the Mayor's office and we welcome this announcement. We are, however, clear that this should only be considered a first step towards attracting private and public sector investment to an area which is one of the most deprived in London.

"There are still many details to be set out and clarification to be given as to what benefits this will bring for Tottenham.

"Whilst we look forward to playing our part in the MDC, we firmly believe the inclusion of greater fiscal incentives, additional to those mentioned in the announcement, is needed in order to attract and retain businesses, enable viable developments and to create employment in an area which has low land values and the highest number of job seekers in London.

"I should also add that, in respect of our own new stadium plans, we continue to review our position and to investigate all possible options."