Urban renewal

Melbourne Docklands urban renewal project, a transformation of a large disused docks area into a new residential and commercial precinct for 25,000 people
The Wendell O. Pruitt Homes and William Igoe Apartments complex.
The Wendell O. Pruitt Homes and William Igoe Apartments complex

Urban renewal, also known as urban regeneration or urban redevelopment, is a set of government or private initiatives aimed at addressing urban decay, upgrading infrastructure, and revitalizing city neighborhoods. Typically, urban renewal involves clearing "blighted" areas, followed by new construction for housing, businesses, and public spaces. While such projects can modernize cities and stimulate economic growth, they are controversial due to frequent displacement of low-income and minority communities, an effect sometimes considered gentrification.