MS = The planned upgrading of a deteriorating urban area, involving rebuilding, renovation, or restoration. It frequently refers to programs of major demolition and rebuilding of blighted areas. AN = Public Law 89-754; specify locale UI = D014506
The redevelopment or rehabilitation of real property in a city, usually as the result of a cooperative effort by private developers and local government.... read full article
Older property is bought usually by a governmental agency to be modernized and improved. In many cases, the deteriorating property is torn down and a new structure built.
The process of acquiring and redeveloping property for the purposes of increasing its profitability or utility. May be conducted by government, private interests or a combination of the two.
The redevelopment of a deteriorated inner city area.
Programs under HUD designed to renovate substandard housing areas.
Programs to revitalize old blighted sections of inner cities.
The process by which property is acquired by government action for the purpose of redevelopment and upgrading of the land use. Urban renewal projects include such land uses as public housing, parks and recreational areas, public libraries, and other such uses.
improvement of urban areas through the removal of slums and their conversion into attractive residential or industrial areas “sŽsXVA“sŽsÄŠJ
Older property purchased by a governmental agency and improved or modernized or demolished and replaced.
Urban renewal (also called urban regeneration in British English)is a function of urban planning that in Europe and the United States reached its peak from the late 1940s through to the early 1970s. It has had a massive impact on the urban landscape of many cities and continues to do so in the present day. It has also played an important role in cities worldwide, such as Melbourne, Victoria, Saint John, New Brunswick, Darlinghurst, New South Wales, Glasgow, Scotland and Bilbao, Spain, as well as Canary Wharf, in London, and Cardiff in Wales.
