The South Tees Development Corporation (STDC) is the first Mayoral Development Corporation outside of Greater London established under the Cities and Local Government Devolution Act 2016. It was created to "promote the economic growth and commercial development of Tees Valley by converting assets in the South Tees area into opportunities for business investment and economic growth". The jurisdiction comprises approximately 1,800 hectares of land to the south of the River Tees in the Borough of Redcar and Cleveland. The land includes former Teesside Steelworks and other industrial sites and is close to Teesport. More information...
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