London Development Agency

The London Development Agency (LDA) was from July 2000[2] until 2012 the regional development agency for the London region in England. A functional body of the Greater London Authority, its purpose was to drive sustainable economic growth within London.

London Development Agency
SuccessorGLA Land and Property
Legal statusRegional development agency
HeadquartersPalestra, Southwark
Region served
Greater London
Appointed board
£410.627 million[1] (2007/08)
RemarksAppointment: Mayor of London
LDA entrance in Palestra House, designed by Will Alsop and Buro Happold

Projects were inherited from English Partnerships or carried out in collaboration with the Greater London Authority and other public sector organisations, including the Department for International Development, the British Council, and London College of Fashion, alongside London boroughs. Members of the Greater London Authority commissioned a 2008 report on these projects, followed by another in 2009.

The agency was closed on 31 March 2012 as a result of the coalition government's spending review.[3] Some of its functions were assumed by the Greater London Authority itself; these included support for Visit London, Think London and Study London, and the administration of London's European Structural Funds programmes. The GLA was required by the Localism Act 2011 to take over LDA's assets and liabilities, which were placed into the ownership of a new subsidiary corporation – GLA Land and Property.[4]

The LDA was based at Palestra, 197 Blackfriars Road, Southwark, south London (across the street from Southwark tube station). The LDA Olympic Land team was based at the London 2012 headquarters in Docklands.