Urban Planning and Real Estate Development

By John Ratcliffe; Michael Stubbs | Go to book overview

CHAPTER EIGHT

Urban policy and regeneration
This chapter examines the combined impact of property-based and financially based initiatives that have attempted to generate the renewal of Britain’s urban areas since the 1960s. Attention will focus upon the pronounced changes to property-based strategies that were brought about in the early to mid-1980s and the more recent financially based strategies of the 1990s. One key theme will be the extent to which traditional town planning regimes constitute a bureaucracy that acts as a disincentive to potential developers considering projects in inner-city areas and whether, by removing that layer of local control, greater levels of economic activity will be released in those areas. Evidence drawn from research into these reforms will be analyzed, so that lessons may be drawn and conclusions reached. The chapter will be divided as follows:
• property-based regeneration
• financially based regeneration

No precise or universally agreed definition exists to cover exactly what is meant by the terms urban regeneration or indeed urban area. The following definitions are designed to provide a starting point to the study of this subject:

Urban areas…extensively built up concentrations of population and employment which have usually developed over a considerable period of time. (Atkinson & Moon 1994:1)

Urban regeneration policy…a conglomeration of largely area-based policies designed to tackle social (housing and health) economic (industrial base) and environmental (quality of urban form) deprivation with a strong emphasis upon improving the physical environment by achieving redevelopment of derelict land and provision of new infrastructures. (Stubbs)


Historical background

The introduction of the Urban Programme in 1968 represented the first real move by a post-war government to tackle inner-city deprivation. The Urban Programme and its associated Community Development Projects were designed to

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