Urban Regeneration
Definition
Comprehensive renewal efforts that rehabilitate neglected or underutilized city areas, enhancing economic prospects and quality of life.
Purpose
Boost property values, stimulate entrepreneurship, and rectify urban decline.
Examples of Use
- Transforming industrial land into mixed-use districts.
- Rehabilitating abandoned housing stock.
- Upgrading civic services in aging neighborhoods.
Related Terms
Notes
While revitalizing local economies and infrastructure, urban regeneration must address displacement risks and preserve social and cultural heritage.
