GGRB28H3 Lecture Notes - Lecture 10: Eminent Domain, Bruce Ratner

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They have changed overtime because now they are used to promote economic development. Focus of gvmnt shifted from managerial to economic. Regeneration should be regarded as a problematic term. Equated with wealth and jobs but ignores other problems. 1st problem is the distribution of wealth whats the qualiy of the jobs. By being ppl atractors the projects lure a lot of visitors. Old building renovated new built to tap into tourist economy. Designed to regenerate a specific area only. Basically benefits a small group and the jobs created are not long term good jobs. The brooklyn arena is being used as a way to put brooklyn on the map. The displacement issues that were raised were the people who lived in the community all had to move out. These were their home and ppl had families and jobs in the area and had local businesses had to sell their business that they owned for a very long time.

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