The regeneration of inner-city areas is a global challenge. Inner cities in France also have their problems, but the nation has a good record of successful major urban regeneration projects. Regeneration projects have to follow general planning principles but must also allow some flexibility to enable the local community to have an input.
Lyon Confluence is the largest urban regenation project in Europe with 150 hectares of land having been redeveloped since 2003. The project is led by public redevelopment company. It is 89% owned by Greater Lyon, a metropolitan institution made up of 59 local authorities.The company is able to set up strict planning and urban design principles. Developers are required to integrate these principles into their designs to be part of the project. They sell the land to developers at a fixed rate. Developers need to win design competitions to be part of the project and not just offer the best price for the land. Lyon Confluence has attracted foreign investors and became a model for smart positive energy buildings, which produce more energy than they consume.
Source: World Economic Forum
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