Explain the potential economic benefits when an older run-down part of a city is redeveloped quizlet

(1)St. Thomas is a Swansea ward that traditionally contained both a large section of the working docks and the Victorian bedroom terraced housing
However the docks had become largely empty in 1970s and the people were suffering from high unemployment rates. In Late 1990s the city and country of Swansea bid for 38 million funding from the Welsh Assembly government.

(2)- Flagship development. (Technium 1 and 2)
- Cultural Quarters( Norwegian church, J-shed, Icehouse)

(3)EXAMPLES INCLUDE- A bridge linking the SA1 site to the exising Maritime Quarter and the city center. (by Welsh Government.)
-The Village hotel opened in march 2007 and comprises 116 bedrooms.
Including leisure club with fitness suite, pool, spa, sauna and steam room
-The J-shed is an impressive Grade 2 listed former grain warehouse built circa 1895.
It is a large red brick building with a pitched slate roof comprising 3000m2 over 2 floors.
The building has been completely renovated and incorporates flats, restaurants, shops and offices.
-Techium 1 was a flagship development located at the entrance to the SA1 development ( by welsh government and Swansea uni)
It was built to house incubator new knowledge based businesses in sectors such as ICT, Software, multi-media, electronoics and engineering in purpose built incubator units.
Technium 2 was built to complement it

(4)- Biased towards low paid people
- Reduce number of low skilled jobs in the city
- Double cost of housing area
- Low business & services in other local area
- Young local people are unlikely to be able to afford house

(5) - Positive regeneration without destroying traditional features of the Place (J-shed, Norwegian church)
- The nice accessibility to the city center, businesses can maximize their research and development potential and create new jobs

(6)SA1 appeard to struggle after the 2008/9 recession as Wlesh government funding for developments stopped.
However, recently it has started booming again
E.GHale homes who are to build 23 energy efficient townhouses

(8)Against new SA1 development
- St. Thomas residents
- Commuters

* go find info ethos building, ultamar building ,admiral house7

What is a consequence of gentrification of a city quizlet?

Which of the following would be a positive impact of gentrification?

What are two ways that gentrification may positively impact neighborhoods?

What is one way city governments can reduce negative impacts of gentrification?