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Space and Environment

ISSN : 1225-6706

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Vol.28 No.3

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Study on the Process and Effects of the Growth Machine Driven by Public Corporation in the Urban Regeneration Projects

Space and Environment / Space and Environment, (P)1225-6706; (E)2733-4295
2018, v.28 no.3, pp.82-110
https://doi.org/10.19097/kaser.2018.28.3.82

(2018). Study on the Process and Effects of the Growth Machine Driven by Public Corporation in the Urban Regeneration Projects. Space and Environment, 28(3), 82-110, https://doi.org/10.19097/kaser.2018.28.3.82

Abstract

This article assumes that unlike the profit-seeking urban development, urban regeneration projects should be implemented as public projects that seek both public and profitable at the same time. The reason for this is that the urban regeneration project is basically a project to invest various public funds, including the central government, local governments, funds and public corporations, into a specific location. The purpose of this article is to analyze the character of the growth machine in the regeneration projects which were selected as leading projects in 2014 by examining the process of building growth machine and the fluctuation rate of land price in the regeneration projects. Especially focussing on the projects which local government and public corporations together take part in. The analysis shows that traditional growth machines exist in urban regeneration but are formed by public corporations and that they have an impact on than in other areas where growth machines are not formed. Therefore, designing and promoting the characteristics and direction of the public-led growth machine is going to determine the success of the new urban regeneration newdeal projects which were chosen from 2017.

keywords
growth machine, public corporation, urban regeneration, 13 public-led urban regeneration projects. regeneration action plan, 성장기계, 공공기관, 도시재생, 13개 선도사업, 도시재생 활성화 계획

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