Abstract

This paper attempted to present the project progress status, housing supply characteristics, and improvement measures for the evaluation system for 557 urban regeneration projects promoted from 2014 to 2022. The results of this study are as follows. First, there are limitations in assessing the performance of the urban regeneration project as well as judging whether or not the project will be completed based on the completion of the priming budget. Second, in the case of metropolitan areas and metropolitan cities, there is a need to reorganize to focus on projects that can attract private investment, and in the case of small and medium-sized local cities, there is a need to prioritize government finances such as priming projects. Third, in order to revitalize the city center, it is necessary to secure a residential population, and as this leads to revitalization of local commercial districts and the economy, it is necessary to consider new housing supply methods linked to urban regeneration projects. Finally, performance evaluation and continuous ripple effect monitoring are necessary to ensure the sustainability of the urban regeneration project and to maintain positive ripple effects in the region even after project completion. However, this study has the limitation of not conducting a detailed analysis of the actual execution details of urban regeneration project costs, and more empirical research using performance evaluation data of urban regeneration projects is needed in the future.