Latest reports indicate that the Thurrock Thames Gateway Development Corporation, originally established in 2003 by the Department of Communities and Local Government with the goal of regenerating the Thurrock area after its progressive recession, is set to not join the Homes and Communities Agency in April of 2011 as originally anticipated. This is particularly good news for many relying upon the Thurrock development’s efforts to keep their work up to speed and out of any long-lasting negative impacts of the ongoing unstable recovery following the recession.

The commercial development zone of the Thurrock Thames Gateway was originally facing a large number of issues in the early part of the turn of the century due to waning interest by many groups in establishing ongoing commercial investments in the area – the same troubles that faced Canary Wharf in that time as well. In order to stem off any potential negative impacts this may have and encourage additional investment from both domestic and overseas interests the Development Corporation for the area was established.

Over the past seven years the Development Corporation has done substantial work in helping to spur on the development of the Thurrock Thames Gateway and the previous efforts have helped stem off any move to dissolve the corporation for the time being. The Communities and Local Government spokespeople have said, however, that both the Thurrock Thames Gateway Development Corporation and its sister group, the London Thames Gateway Development Corporation, are being put under review for the time being and an official announcement over whether or not both development corporations will remain independent bodies in the coming years or if they will be dissolved as was originally planned.