Abstract
One of the keys to successfully facilitating urban regeneration projects is to encourage resident participation, because participation produces more than just outcomes. However, few studies have examined whether the residents’ participation in urban regeneration projects also increases residents’ neighborhood satisfaction. Seeking to address this gap, our study examines the relationship between urban regeneration projects and residents’ satisfaction, focusing on ‘Amichojang’ in Busan, South Korea. We collect 292 valid survey data and then geocode them based on their specific home address to consider spatial characteristics of their residential locations. We also employ an ordered probit model to account for our dependent variable measured as a five-point Likert scale. Our empirical results show that resident participation in urban regeneration projects is positively associated with improvement of neighborhood satisfaction. This result suggests that encouraging local resident participation in urban regeneration projects is significant for the success of these projects. However, there exist gender and age differences in the relationship between participation and neighborhood satisfaction. Therefore, various programs that can encourage more participation in urban regeneration projects should be designed for different demographic groups.
Highlights
Urban areas are complex and dynamic systems
We estimate two different models, and our hypothesis is that participation in urban regeneration projects is positively associated with neighborhood satisfaction
We examine how resident participation in urban regeneration projects affects neighborhood satisfaction by focusing on the ‘Amichojang’ are located in the city of Busan, South Korea
Summary
Planners and policy makers have dealt with these complicated urban systems to improve physical, social, environmental, and economic conditions through a variety of development projects. They have invested a massive amount of money in infrastructure such as expansion of highways and transportation networks, new housing, and establishment of commercial districts. Most urban development projects have historically focused on physical reconstruction and economic growth, neglected the values of community identity and cultural heritage. These massive urban transformation and renewal projects have destroyed people’s sense of community identity, uniqueness, and distinctiveness [1]. The intangible assets of communities have disappeared, causing a number of urban problems such as displacement and gentrification of local inhabitants
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