|
An
obvious role for the sector is where it can invest in property
development. This requires the sector to have confidence in the future
of the neighbourhood. A precondition for this would be that the public
sector has a strategic plan to deal with the issues which would be seen
as negative – e.g. crime, cleanliness, transport access. “Private sector
can deliver on urban regeneration through direct investment in property
development or in partnership with local authority”. (Dublin).
“co-financers in the reconstruction of buildings” (Vilnius). “Creates
businesses (e.g. Hotel, retail, start up manufacturing) (Glasgow) |
