What does urban renewal aim to achieve?

Urban renewal is primarily focused on the revitalization of deteriorating urban areas. This process involves a variety of activities aimed at improving infrastructure, enhancing the physical environment, and upgrading the quality of life in economically depressed neighborhoods. Initiatives may include renovating buildings, creating parks or green spaces, improving transportation options, and increasing access to services, all with the goal of fostering economic growth and attracting new residents and businesses to the area.

While preservation of historical districts may be a component of urban planning, it is not the main objective of urban renewal; rather, it is specifically targeted towards rejuvenating areas that have fallen into disrepair. Similarly, the elimination of urban transportation contradicts the objectives of urban renewal, which often seeks to enhance transportation options as part of overall area improvement. Additionally, reduction of housing prices is not a direct goal of urban renewal; in fact, successful renewal efforts may lead to increased property values and housing demand in revitalized neighborhoods. Therefore, the correct focus of urban renewal initiatives is the revitalization of areas that are in decline.