Results and expected impact
Projects in Europe have witnessed high stress from the global financial crisis. Municipalities addressed socio-economic challenges by reregulating the ways urban design, building requirements and financial models. These policies appear to hardly improve the spatial qualities delivered in the projects and rarely develop an innovative governance processes. They rather keep focus on privatization, deregulation and private-led coordination. The research team expects that these projects will suffer even more from uncertain market conditions in the future and require heavier public support in dealing with unpredictable market events.