Urban Regeneration Research Paper

1) Introduction – Urban and Rural Regeneration in Asia:

“According to United Nations latest report, projections show that urbanisation with the overall growth of the world’s population could add another 2.5 billion people to urban populations by 2050, with 90% of the increase concentrated in Asia and Africa.” (source: http://www.un.org)

Asia has most populous countries like China, India, Indonesia, etc. and most populous cities like Tokyo-Yokohama, Jakarta, Delhi, Manila, Beijing, Shanghai etc. in the world. This emerging population to the urban areas have to merge in to the urban life and its regular system. urban regeneration or renewal projects gives opportunity to reduce complexity of the city and acts as supporting system.

Urban economy

in the 1980s, large scale regeneration projects were started under Nakasone’s “urban renaissance” policy. In this urban policy, central government has eased land regulations to initiate and utilize resources by private sector. In this project process, the stakeholders like private developers, communities and governments manage to coordinate their interests and have to cooperate with different organisations for the development of the project. Policy making and policy control process are the key aspects to regulate the task. Indirectly it forms a systematic and methodical approach to the urban regeneration

In which priority, urban regenerative projects selected and financial support are provided to encourage private investment.

Toyosu Redevelopment project developed by some real estate companies and government. M&G real estate planned to build more transport infrastructure in toyosu island to connect other part of the city. Toyosu’s major development developing into three parts.

First part is Toyosu 2/3 chome area, which is under development by government and the 12 different Japanese companies. They are developing this residential, commercial and mixed use areas by envision of unified waterfront townscape to attract more people and can generate more revenue for the city.

Second part is to developed as Tsukiji fish market in 40ha out of total 60ha of island area. Basically, Tsukiji market has to relocate from the nearby area by government’s order. Here toyosu island redevelopment project acting as supporting urban system. Because government needs highway at the place where currently Tsukiji market is situated and this highway would be used for 2020 Tokyo Olympic