A study of organzation cause privat investment toward urban regeneration

Refer to UDCs and URCs in England

Abstract

The aim of this study is to clarify the organization and the system causes private investment toward urban regeneration. We survey the intention and the function of Urban Development Corporations and Urban Regeneration Companies in England as antedating cases. Both of UDCs and URCs are the independent organization to promote urban regeneration. Their structures are mainly consisted of people from private sector. To promote private investment, UDCs have strong power and budget to improve the condition of area, URCs have no power but they act as coordinator between public and private sector for project funding. Existing systems in Japan are not enough to promote or leverage private investment. The new system like UDCs or URCs should be introduced to province.