urban renewal

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urban renewal

Redevelopment of deteriorated and underutilized urban properties, often through the provision of tax incentives, low-interest-rate bond money for loans, and government investment in infrastructure improvements such as roads and public parks in order to spur development.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
He said the National Physical Planning Council (NPPC)will be meeting soon to discuss the legalities of urban regeneration projects as there were no specific laws governing such projects.
From Seoul to Ahmedabad, there are many examples of legacy cities implementing urban regeneration projects at underused land or distressed urban areas.
"As I have recently rejoined the board of Stirling Community Enterprise (formerly Raploch Urban Regeneration Company) I wouldn't consider myself to be in a position of being able to provide further public comment regarding this matter."
'We are here to commission these machines, equipment and gadgets and to state that these range of products would be deployed immediately to the urban regeneration of Victoria Island, Ikoyi and Ikeja and they are being put in place today to further upgrade the activities of the Lagos State Public Works Corporation so that from their three centres in Badagry, Ojodu and Imota, they can take care of the rest of Lagos State.
City leaders in Birmingham have hailed the potential of HS2 as a catalyst for urban regeneration and called on political leaders to push ahead with the rail scheme and help unlock growth across the country.
In Remaking London, Ben Campkin provides an engaging and powerful account of the contradictions of urban regeneration, a 'slippery' process that too often removes 'precisely the qualities and activities it claims to engender'.
We believe EBRD brings more than just financing to the Abdali Mall project including a vision to support developers who introduce urban regeneration projects.
The European Commission has approved a Greek and a Bulgarian scheme aimed at supporting urban regeneration projects through the Joint European Support for Sustainable Investment in City Areas (JESSICA) initiative.
The European Commission has approved, under EU state aid rules, a Greek and a Bulgarian scheme aimed at supporting urban regeneration projects through the Joint European Support for Sustainable Investment in City Areas (JESSICA) initiative.
The group, whose other divisions cover fit-out services, affordable housing and urban regeneration, said half-year revenues slipped 8% to pounds 1bn.
Property, finance and urban regeneration group Sigma Capital Group plc (LSE:SGM) reported today that its property subsidiary, Sigma Inpartnership, has formed a joint venture to accelerate the delivery of its regeneration projects in Liverpool.

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