Contribution of urban design to economic sustainability of urban renewal projects in Hong Kong
Urban renewal in Hong Kong plays an important role in stimulating local economy by optimizing development potential of disturbed site and introducing new activities|businesses with large profit margins. However, past and current urban renewal practices put too much emphasis on achieving economic objectives, and overlook the environmental and social needs of the community, which violates the global trend to promote sustainable development in the urban areas. In view of it, this paper has reviewed the property-led| market-led urban renewal approach continuously adopted in Hong Kong, and suggested a more sustainable approach to meet economic objectives. In order to facilitate such approach, this paper has highlighted a list of urban design considerations contributing to sustainable development and identified key design factors improving economic sustainability of the urban renewal projects. Copyright © 2008 John Wiley & Sons, Ltd and ERP Environment.
Volume (Year): 16 (2008)
Issue (Month): 6 ()
|Contact details of provider:|| Web page: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-1719 |
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Fishelson, Gideon & Pines, David, 1984. "Market vs social valuation of redevelopment projects in an urban setting," Socio-Economic Planning Sciences, Elsevier, vol. 18(6), pages 419-423.
- M. Gregory Lloyd, 2002. "Urban regeneration and community development in Scotland: converging agendas for action," Sustainable Development, John Wiley & Sons, Ltd., vol. 10(3), pages 147-154.
When requesting a correction, please mention this item's handle: RePEc:wly:sustdv:v:16:y:2008:i:6:p:353-364. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.