Leader & Comment

摘要

This week, our news team has looked at three regeneration projects at different states of stasis (seepages 8-10). We found that most stakeholders are still bullish, but pragmatic and are refocusing their objectives. What effect will the financial crisis have on our cities? I spoke recently to a senior regeneration director in the Thames Gateway who was optimistic that the cooling of land values could lead to positive outcomes. Some residential-led, high-rise proposals are looking shaky there, and the credit crunch might have the positive outcome of preventing the architectural disasters that have been inflicted around the fringes of the Olympic site and on Stratford High Street. Now is the time for more sober proposals.