Synergy in Urban Regeneration Partnerships: Propert Agents' Perspectives
Document Type
Journal Article
Publisher
Carfax Publishing
Faculty
Faculty of Community Services, Education and Social Sciences
School
School of International, Cultural and Community Studies
RAS ID
2007
Abstract
A major justification for urban regeneration partnerships (URPs) is that they provide synergistic benefits for their participants. Some argue that the major beneficiaries will be private-sector agencies. This proposition is examined in the light of evidence from a survey of property-related agencies. The opinions of developers and property consultants on the success of the partnership process in regeneration schemes with a significant property redevelopment component are examined. Many were found to have concerns about the URP model, centring on governance structures, decision-making, cost implications and time-frames. This suggests that synergy benefits may not actually exist. It is concluded that management and decision-making structures in partnerships need to be of greater concern in policy debate than is currently the case.
DOI
10.1080/0042098032000123277
Comments
Ball, M., Le Ny, L., & Maginn, P. J. (2003). Synergy in urban regeneration partnerships: property agents' perspectives. Urban Studies, 40(11), 2239-2253. Available here