Abstract
Urban regeneration has become one of the most significant instruments for the urban planning process particularly after the 1980’s with the effects of globalization and the acceleration of the race between cities. Thus, the metropolitan cities that stand out with their economic performance, cultural/traditional identity, and tourism potential have been restructured due to the social, cultural, technological, and economic changes and expectations that spread throughout the world. Cities known for their industrial areas and productions in the past are now turning into innovative productions and new prestige areas where the service sector is concentrated. In recent years, old industrial areas, warehouses, which had lost their former functions, have undergone the urban transformation processes. More recently, public lands located in city centers have been incorporated into the agenda of urban regeneration. Privatization of public lands is the most basic approach in such regeneration processes and therefore protecting public interest is the most critical issue. The main objective of this study is to identify the role of privatization policies in relation to the urban regeneration process and to provide an analysis of several urban regeneration projects in İstanbul.
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