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Jan 2, 2024 · But redeveloping a community is easier said than done, he says. “One of the biggest challenges I have observed is a community’s fear of gentrification,” Towns says. “People rightfully want better housing stock, improved schools, new retail amenities, safer neighborhoods, and stronger connections to public transportation, but do not want ...
redevelopment projects that create innovative shared amenities, spark new local economic activity, provide services, build community wealth, and strengthen social cohesion.
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Redevelopment can also be confused with other terms used for similar purposes but with nuances of distinction in meaning. For instance, urban redevelopment also can imply some of the same meaning captured by the term urban revitalization. However, urban revitalization is used more generally to describe changes in the public and private realms throu...
Another explanation for the prevalence of the term redevelopment to contemporary planning and development practices is a long history of redevelopment programs led by redevelopment authorities and redevelopment agencies at the local and regional level around the country. Redevelopment authorities historically functioned with large amounts of fundin...
Given the involvement of both public and private entities in redevelopment, the legal definitions of redevelopment will provide the final word on what constitutes redevelopment and what should be considered greenfield development, renovation, rehabilitation, or some other form of development. For example, the Law Insider dictionary defines redevelo...
Apr 24, 2004 · As used in this policy guide, however, the term "redevelopment" is meant to describe one or more public actions that are undertaken to stimulate activity when the private market is not providing sufficient capital and economic activity to achieve the desired level of improvement. This public action usually involves one or more measures such as ...
Dec 13, 2023 · Envision the project as a long-term investment in the area. Ensure that meetings are accessible and accommodate a community’s needs. Engage stakeholders in the neighborhoods. Ensure that a community has the information and resources to participate in a meaningful way. Establish a transparent and credible process, and provide timely follow-up.
The meaning of REDEVELOPMENT is the act or process of redeveloping; especially : renovation of a blighted area. How to use redevelopment in a sentence.
Redevelopment. An abandoned building in Washington, D.C. being converted into luxury condominiums. Redevelopment is any new construction on a site that has pre-existing uses. It represents a process of land development uses to revitalize the physical, economic and social fabric of urban space. [1]
