What is urban renewal?

Urban renewal is a process of revitalizing or renovating existing urban areas that have experienced decline or decay, with the aim of improving the quality of life of the residents and enhancing the economic and social vitality of the area. The process typically involves physical, social, and economic improvements such as rehabilitation of buildings, infrastructure enhancement, creation of green spaces, and attracting new businesses and investments. Urban renewal may also involve the relocation of residents or businesses in the target area to facilitate the revitalization process.

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