Rana Amirtahmasebi was the lead author/editor of this book, which aims to be a practical tool for city managers and planning officials and to provide them with a variety of options for conceiving and implementing large-scale urban regeneration projects. The book includes a toolbox, which offers many possible models for cities to implement projects according to the unique circumstances (the financial situation, technical capacity, timeline, and priorities) of each city. This book works as an introductory primer for a technical team looking to learn about regeneration from start to finish and the broad array of options available for implementing a regeneration project. The book builds on the experience of eight cities from different regions of the world. It breaks down the process into four phases: scoping, planning, financing, and implementation:
Scoping: This phase is a process during which decision makers conduct a strategic assessment to identify and promote regeneration either for the city as a whole or for a specific land parcel, such as a port, downtown, or neighborhood area. It involves a process of long-term, transformational change as city leaders develop a “road map” to make difficult choices about the future of their city or for particular areas of the city
Planning: A sound planning framework brings together an inspiring vision with a clear regulatory process. This will provide the private sector with the assurance to invest and take risks, and it assures communities that public goals will be achieved and not subordinated purely to the dictates of the market.
Financing: Large-scale urban regeneration projects are complex and require immense resources to be planned and implemented properly. Therefore, partnerships with the private sector are necessary not only to share the costs but also the risks and technical capacities. Typically, cities deploy a combination of internal and external funding sources, policy and regulatory tools, and strategic partnerships with the private sector to finance their urban regeneration vision.
Implementation: This phase translates the vision for long-term change into the financial, contractual, and institutional relationships between the public and private sectors. It includes structuring sound institutions and an organizational structure that is viable and sustainable and can exist through multiple political administrations. It also involves developing sound contracts that translate the vision into a tangible partnership between public and private sectors.
Three mayors and ex-mayors endorsed the book: Mayor Park of Seoul, Mayor Williams of Washington DC, and Mayor Sall of Dakar (also president of UCLG-Africa). You can access it here.