Development corporation
They often are responsible for the development of new suburban areas or the redevelopment of existing ones.Such corporations include: In the United Kingdom, New Town Development Corporations were organisations established under the New Towns Act 1946 (9 & 10 Geo.6. c. 68) by the UK government, charged with the urban development of an area, outside the usual system of Town and Country Planning in the United Kingdom.Originally intended to manage the development of New Towns in the United Kingdom, they were also established for more substantial urban renewal programmes by the Town Development Act 1952.The Cities and Local Government Devolution Act 2016 permitted the creation of mayoral development corporations in combined authority areas.