scholarly journals A Study on the Promotion of Private Investment through the Case Analysis of the Financing Structure of Urban Regeneration Anchor Facility

2021 ◽  
Vol 22 (10) ◽  
pp. 239-246
Author(s):  
Seoung-Uk Han
2021 ◽  
Author(s):  
◽  
Jennifer Bernice Wilson

<p>This thesis examines gentrification and the process of urban regeneration through proposing an adaption of a modernist heritage building in Newtown, Wellington, New Zealand to prevent the displacement of an existing community. Council policies for urban regeneration support future residential development in Newtown (eg. Adelaide Road – Planning for the Future, Wellington Urban Growth Plan 2014-2043, NZ Transport Agency (Let’s Get Wellington Moving Project)) and, as funding is geared towards upgrading the city to become more liveable, private investment will potentially occur. These initiatives may attract affluent user groups, increasing the likelihood of lower income residents becoming displaced. Newtown therefore is a suburb where existing residents may be displaced as gentrification occurs. Although there have been studies on urban regeneration and the effects of gentrification in Wellington, none have attempted to offer a built environment design solution to mitigate the adverse effects of gentrification on an existing community in Wellington.  The Riddiford Building, which is part of an Institutional Precinct - a hospital site, and may be demolished. This thesis argues that building adaption to accommodate a new user group for this building is feasible and could save a building with cultural significance from demolition. Further, the building could accommodate students and lower socio-economic occupants in order to prevent the displacement of existing Newtown residents.</p>


2012 ◽  
Vol 16 (1) ◽  
pp. 37-55 ◽  
Author(s):  
Tom Kauko

Sustainable development is defined in environmental, social and economic terms. In the post-socialist countries the sustainability of urban property developments has experienced various destinies amid changing institutional circumstances. Since the regime changes of 1990 the tendency of the land use and real estate economy in Hungary has been an extreme variant of neoliberal, opportunistic and large-scale developments together with project planning. As a result of this, urban regeneration in metropolitan Budapest is almost exclusively based on private investment, with the possible exception of ‘mega-projects’ where government has an interest in securing the provision of infrastructure. In this contribution, first the proposition of flexible and context dependent government intervention in the property development is outlined. After that a description of urban regeneration and other property development in the Budapest region is provided. A brief review of comparable post-socialist cities is also provided. The paper concludes with an evaluation of sustainability and a critical comment on the state of affairs in this context. Santrauka Darni plėtra apibrėžiama aplinkosaugos, socialiniais ir ekonominiais aspektais. Kintant institucinėms aplinkybėms, miestų NT plėtros darna posocialistinėse šalyse buvo įvairi. 1990 m. pasikeitus režimui Vengrijoje, žemės naudojimas ir NT ekonomika paprastai buvo kraštutinis neoliberalaus, oportunistiško ir plataus masto plėtros bei projektų planavimo variantas. Dėl to miesto atnaujinimas Budapešto priemiesčiuose beveik išskirtinai remiasi privačiomis investicijomis, galbūt išskyrus ,,stambius projektus“, kai vyriausybė suinteresuota užtikrinti aprūpinimą infrastrūktua. Šiame darbe pirmiausia pasiūloma, kaip lanksčiai ir atsižvelgdama į kontekstą vryriausybė turi prisidėti prie NT vystymo. Pateikiamas miesto atnaujinimo ir kitokio NT vystymo aprašymas Budapešto apylinkėse, trumpai apžvelgiami panašūs posocialistiniai miestai. Darbas baigiamas darnos įvertinimu ir kritiniu komentaru apie padėtį šiame kontekste.


2021 ◽  
Author(s):  
◽  
Jennifer Bernice Wilson

<p>This thesis examines gentrification and the process of urban regeneration through proposing an adaption of a modernist heritage building in Newtown, Wellington, New Zealand to prevent the displacement of an existing community. Council policies for urban regeneration support future residential development in Newtown (eg. Adelaide Road – Planning for the Future, Wellington Urban Growth Plan 2014-2043, NZ Transport Agency (Let’s Get Wellington Moving Project)) and, as funding is geared towards upgrading the city to become more liveable, private investment will potentially occur. These initiatives may attract affluent user groups, increasing the likelihood of lower income residents becoming displaced. Newtown therefore is a suburb where existing residents may be displaced as gentrification occurs. Although there have been studies on urban regeneration and the effects of gentrification in Wellington, none have attempted to offer a built environment design solution to mitigate the adverse effects of gentrification on an existing community in Wellington.  The Riddiford Building, which is part of an Institutional Precinct - a hospital site, and may be demolished. This thesis argues that building adaption to accommodate a new user group for this building is feasible and could save a building with cultural significance from demolition. Further, the building could accommodate students and lower socio-economic occupants in order to prevent the displacement of existing Newtown residents.</p>


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