Open AccessAppraising the Likely Gentrification Impacts of a Mega Transport Project—The Case of Crossrail
Author(s) -
Junyou Liu
Publication year - 2021
Publication title -
urban studies and public administration
Language(s) - English
Resource type - Journals
eISSN - 2576-1994
pISSN - 2576-1986
DOI - 10.22158/uspa.v4n3p22
Subject(s) - gentrification , redevelopment , metropolitan area , urban regeneration , transport infrastructure , megacity , regional science , environmental planning , project appraisal , business , economic geography , transport engineering , economic growth , geography , economics , civil engineering , engineering , economy , finance , archaeology
Megaprojects are defined as projects that cost a billion US dollars or more at 1990 prices. Mega transport infrastructure projects have the potential to affect important socioeconomic and territorial changes. They are often perceived as critical to the “success” of major metropolitan, regional and national development. The redevelopment of neighbourhoods offers many opportunities for regional regeneration, yet there remain concerns regarding the potential gentrification of areas leading to the displacement of existing populations and local businesses. This research applies multi-criteria analysis, a tool that is widely used in mega infrastructure project appraisal using the UK’s Crossrail as a case to explore the likelihood of gentrification and the displacement impacts of the project. This paper finds both positive and negative impacts. Different stakeholders express noticeably differing opinions regarding the project.