Urban Regeneration – The revival of all parts of the built-up area by either installing modern facilities in old buildings (known as renewal) or redeveloping (i.e. demolishing existing buildings and starting again)
We know that urban means relating to the town or city.
The city (urban) realised they could generate for the nation (urban regeneration) more income if they redeveloped old properties.
Urban regeneration means the reconstruction of built-up areas, especially where there is evidence of urban decay.
Urban regeneration began in the late 19th century and went through a phase of considerable acceleration as industry declined in the late 20th century. It is something that nearly every country tackles continuously.
The purpose of regeneration is to deliver a long-lasting solution in the form of a sustainable new community.
This involves looking at the needs and challenges of a location and its economy, and consulting with everyone concerned to examine all the issues.
The result should be a scheme that delivers economically while meeting the needs of the local community.