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Mayoral development corporation for Middlesbrough

News in brief

Tees Valley is getting another mayoral development corporation – its third – according to reports today in Northern Agenda and TeessideLive.

The corporation will be aimed at regenerating Middlesbrough and was launched by the town’s mayor, Andy Preston, and the Tees Valley Mayor, Ben Houchen.

It will control most public land in its area, will have compulsory purchase powers and the power to borrow money.

Middlesbrough Development Corporation follows a similar one for Hartlepool announced in April and the area’s first such body set up to redevelop the former Redcar Steel Works, now Teesworks.