EQ4: How successful is regeneration? Typeit

The success of urban regeneration is measured in terms of how it affects people, creates wealth and protects the environment.  The amount of affordable housing and educational achievement are  variables, the level of employment and amount of income are variables, and the amount of derelict land and green park spaces are  variables.  Urban regeneration projects like in Plymouth in the county of or the Queen Elizabeth Olympic Park in the London borough of  will have varying levels of success compared to how they were planned as their success is dependent on the amount of capital which was raised, how many businesses may have become involved, and how much the project changed the image of the area to attract residents and businesses, i.e. whether it was successfully .  Success will also be measured and perceived differently by different players.  Residents before the development may not have wanted the development in their 'backyard' and may have contested it.  This attitude is known as , as seen in places such as Salford Quays.  Once completed, the residents in social housing may have been forced out and those on lower incomes may have been priced out of the area. Therefore, an increase in the proportion of people who own their properties, known as , which is considered a success, may in fact hide data on those who have been forced out.  Businesses who have moved in may see the project as a success, as may some who were there before, but, as with the Olympic Park, some businesses may have been forced to move out as they could not  with larger businesses such as TNCs for the market rate for rents, and they were unlikely to be able to compete with overseas TNCs which may have seen the project as an opportunity for .