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Waterfront regeneration as a political mission: Megaprojects under state entrepreneurialism

Feng, Yi; Zhang, Fangzhu; Wu, Fulong; (2025) Waterfront regeneration as a political mission: Megaprojects under state entrepreneurialism. Journal of Urban Affairs pp. 1-18. 10.1080/07352166.2025.2504996. (In press). Green open access

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Abstract

Waterfront regeneration is a typical tactic under neoliberal entrepreneurialism, which is criticized for capturing land value and fostering gentrification. However, the political logic underlying such a project is less understood. This research investigates the governance of waterfront regeneration based on a megaproject called One River One Creek (Huangpu River and Suzhou Creek) in Shanghai. This project aims to reconnect the riverbank and construct continuous greenways for public accessibility. We explain why the project was initiated and how it is implemented. First, the changing ethos of the national state directs the new wave of waterfront regeneration. Under the central initiative of building the “People’s City,” a continuous pathway along the riverside becomes a flagship project demonstrating the state’s commitment. Second, lower-level state actors are pressured to conduct waterfront regeneration as a political task for implementation. The state mobilizes the market and instrumentalizes public participation to achieve its goal rather than through public-private partnerships. While the state’s priority has shifted from focusing on economic growth to people-oriented development, urban governance still reflects state entrepreneurialism in that the state retains a central role in decision-making and project implementation in megaprojects.

Type: Article
Title: Waterfront regeneration as a political mission: Megaprojects under state entrepreneurialism
Open access status: An open access version is available from UCL Discovery
DOI: 10.1080/07352166.2025.2504996
Publisher version: https://doi.org/10.1080/07352166.2025.2504996
Language: English
Additional information: © 2025 The Author(s). Published with license by Taylor & Francis Group, LLC. This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License (http:// creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited, and is not altered, transformed, or built upon in any way. The terms on which this article has been published allow the posting of the Accepted Manuscript in a repository by the author(s) or with their consent.
Keywords: Waterfront regeneration; megaprojects; state entrepreneurialism; Shanghai
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > The Bartlett School of Planning
URI: https://discovery.ucl.ac.uk/id/eprint/10208933
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