Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/284918 
Year of Publication: 
2023
Series/Report no.: 
Texto para Discussão No. 2862
Publisher: 
Instituto de Pesquisa Econômica Aplicada (IPEA), Brasília
Abstract (Translated): 
In addition to concentrating historical heritage, city centers often concentrate greater accessibility, in terms of urban mobility, as they concentrate urban infrastructure. Repopulating the centers contributes to more compact and sustainable cities. A considerable portion of Brazilian cities are currently designing legislation to encourage the repopulation of centers and their renewal. In part, in response to the emptying of buildings that concentrated offices in the post-pandemic, in part to boost the local economy. In common, the most recent revitalization proposals consider that almost all the resources to fund these investments would come from the private sector. In this context, this work contributes by pointing out possible challenges that current and new city center renewal projects must face in order to achieve their objectives. It was noted two major challenges of the renewal projects already implemented. First, do not bet too much on the dynamics of appreciation of real estate in the renewed region, and make mistakes in how much urban added value can be captured from this appreciation. The other major challenge refers to how to guarantee human rights, especially adequate housing, to all those involved in the urban renewal process.
Subjects: 
city centres
urban renewal
urban management
JEL: 
R21
R31
D63
H40
O18
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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