Urban Renewal Analysis: Assessment and Effects
Urban Renewal Analysis: Assessment and Effects

Summary/Abstract: Urban renewals are one of the main tools used in an achievement of economic, social and ecological urban development. The subject of urban renewals is buildings that are part of the architectural heritage of cities, historic-cultural monuments (under state protection or not) and brownfield locations. The research is based on the analysis of urban renewal characteristics, the influence on wider economic, social and ecological picture of the city, and on the identification of indicators used for assessment of these type of investments. The emphasis of the research is on brownfield locations since, from the perspective of investments, brownfields are interesting due to their nature – they carry a higher amount of risk, they are more complex, they cover big areas and investments in these renewals, in most cases, are high. With presenting practical examples, the case studies of urban renewals in Toronto and New York, it is explained how the public sector can be engaged in the attraction of investments and the significant effects that urban renewals can have on a social, economic and ecological aspect of the city development.

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