the remodelling of areas to counter negative perceptions and provide 'post-industrial' functions such as retailing, leisure and tourism.
What is regeneration?
long term process involving social, economic and physical action to reverse decline and create sustainable communities.
What is rebranding?
The way or ways in which a place is re-developed and marketed to that it gains a new identity, so that it can attract investors and visitors. Will involve both re-imaging and regeneration.
What are some problems with rebranding?
can't always please everyone: stakeholders, residents, business owners, council, builders, visitors and investors.
locals might be pushed out due to rises in rental prices.
Industrial decline in Liverpool:
cotton mills closed down.
ship building companies closed.
Why industrial decline:
cheaper imports from abroad.
cheaper labour overseas.
greater use of air freight.
Consequences of Industrial decline:
unemployment.
poverty and deprivation.
poor quality housing.
poor general health.
higher crime rate.
abandoned docks and warehouses.
Why does Liverpool have a negative image?:
media coverage of 'public disorder' e.g. Toxteth riots 1982.
football related coverage.
media coverage of political leadership in the city- Labour council in early 1980s.
media coverage of city of drugs related gangs, violent crimes and 'scallies'.
gangland documentaries.
Liverpool 'European Capital of Culture:
investment into the city.
record number of tourists.
2008.
Physical changes:
derelict warehouses, buildings and docks regenerated into museums, art galleries, apartments, restaurants etc
Economic changes:
£800 mil into the local economy.
3.5 mil first time visitors to the city.
Cultural changes:
audiences at theatres increased by approx 30%.
Social changes:
positive impressions: 53%-60% and negative impressions 20%-14%.
85% residents agreed that it was a better place to live in than before.
The Next Step:
£150,00 spent to rebrand itself as a world city.
Council officials believe city's brand not as positive as it should be.
money will come from Local Area Business Growth Initiative (LABGI)-cash handed back to councils from increasing business rates in the city.