EconPapers    
Economics at your fingertips  
 

Property-led urban renewal in Hong Kong: any place for the community?

Mee Kam Ng
Additional contact information
Mee Kam Ng: The Centre of Urban Planning and Environmental Management, The University of Hong Kong, Hong Kong SAR, China, Postal: The Centre of Urban Planning and Environmental Management, The University of Hong Kong, Hong Kong SAR, China

Sustainable Development, 2002, vol. 10, issue 3, 140-146

Abstract: The community plays a very limited role in urban governance in pro-growth Hong Kong. Urban renewal is a case in point. The government has relied on market forces in renewing the city. In 1988, the Land Development Corporation (LDC) was set up to facilitate private-public partnerships in redevelopment. Residents were not involved until the project implementation stage, when owners needed to be compensated and tenants rehoused. However, the growing stock of dilapidated buildings, coupled with the collapse of the property market in the late 1990s, contributed to a market failure. The Urban Renewal Authority (URA) was set up in 2000 to replace the LDC and an Urban Renewal Strategy (URS) was published in 2001. This paper argues that the URS is just a redevelopment programme and that it is doubtful whether the URA can overcome problems faced by the LDC. An integrated approach is advocated to tackle urban restructuring, with active involvement from the community. Copyright © 2002 John Wiley & Sons, Ltd. and ERP Environment.

Date: 2002
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
http://hdl.handle.net/10.1002/sd.189 Link to full text; subscription required (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:sustdv:v:10:y:2002:i:3:p:140-146

DOI: 10.1002/sd.189

Access Statistics for this article

Sustainable Development is currently edited by Richard Welford

More articles in Sustainable Development from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2025-03-20
Handle: RePEc:wly:sustdv:v:10:y:2002:i:3:p:140-146