Porty Podcast

84 Bellfield and Development Trusts

July 14, 2018
Porty Podcast
84 Bellfield and Development Trusts
Chapters
Porty Podcast
84 Bellfield and Development Trusts
Jul 14, 2018
David Calder, Ian Cooke
What are Development Trusts and how have they helped Portobello
Show Notes
The growth of Development Trusts across Scotland has been an undoubted success story. Over 40,000 people have been involved in buying land or property since the Community Right to Buy Legislation was passed in 2003. They now own assets worth almost £90m and have brought in £25m in regeneration funding. With a collective turnover of over £50m, they are economic success stories too. The trusts have transformed areas, especially rural ones, across the country. But as we know, the law was updated to allow for local communities to acquire buildings in towns and cities as well with of course Bellfield being the first to succeed. Bellfield had a major advantage in that Ian Cooke, director of the Development Trusts Association Scotland, lives in Portobello, just up the hill from the new community centre. Porty Podcast Producer David Calder started by asking him about his involvement.