Urban renewal
Land redevelopment in cities / From Wikipedia, the free encyclopedia
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Urban renewal (also called urban regeneration in the United Kingdom and urban redevelopment in the United States[1]) is a program of land redevelopment often used to address urban decay in cities.[2] Urban renewal involves the clearing out of blighted areas in inner cities to clear out slums and create opportunities for higher class housing, businesses, and other developments. In the United States the term technically refers only to a federal program in the middle-to-late 20th Century, but colloquially is sometimes used to refer to any large-scale change in urban development.
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A primary purpose of urban renewal is to restore economic viability to a given area by attracting external private and public investment and by encouraging business start-ups and survival.[3] It is controversial for its frequent use of slum clearance.