Summary
Urban renewal has evolved into an ambitious and sophisticated urban strategy, recognised as urban revitalisation in America and urban regeneration in Western Europe. This new urban strategy, which tends to be area-based and state-sponsored, claims for the most part to coordinate a wide range of resources, partners and public agencies to bring about social, economic and spatial improvements in underdeveloped and impoverished city areas while improving the livelihoods of the local residents. However, as this study asserts, the objectives behind this new urban strategy have considered, for the most part, the interests of those formulating and implementing such efforts rather than local residents and stakeholders, and produced in turn ‘attractive’ neighbourhoods increasing city revenues, boosting real estate prices, attracting new investments and alluring new residents. Most importantly, citizen participation and gentrification have been concurrently promoted in urban…