Summary: Urban Renewal

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Many factors and geographical processes, the foreshore of Sydney Harbour has constantly faced changes in land use which has effected the environment, social communities and the economy in both positive and negative ways. Urban decay, urban renewal, urban consolidation and gentrification are the geographical process that are involved in the changing gland use around the Sydney Harbour foreshore. These geographical processes are what changes the land use from being used as industrial, residential and commercial which then impacts the economy, social communities/ public, the environment and the stakeholders.

Gentrification is a form of renewal where this who are of higher class and are wealthy people move into an area of a low income community. …show more content…

Millers Point was used for low income earners and this had cause many issues to arrive some being an increase in crime rate and loss of tourism which effects the economy. This could also lead to unemployment levels rising and an aging …show more content…

This is evident in Walsh Bay as it had previously changed the wharfs that were as dock and made it into apartment with the intention that high income earners would accommodate the area. This clearly displays how there were changes made to try and improve the area. Consolidation arises many issues around the Sydney Harbour foreshore as there would be an increase in noise pollution thus disturbing nearby residence and the public. Another issue which will arise is an increase in need for transport due to higher population density. The stakeholder would would be impacted by consolidation are the public, residence, business workers and also tourist. Lend lease is a project for Barangaroo and is a project in which the government wishes to change the industrial use into a residential, commercial and recreational area by creating a Barangaroo Reserve Park and build a tall building. This then limit urban sprawl. This has an impact on the economy as Lend lease was estimate to cost $6 billion according to Barangaroo Delivery Authority. There would also be a boost in economy as there would be many people and workers moving in and it is also estimated that there would be roughly 12 million visitors a year. This has a significant impact economically. Barangaroo South will allow for 3.8% more office space within the CBD, an increase of 3.5% in retail space, 2.5% in visitor accommodation and

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