Flagship Projects and its' Application to Urban Regeneration in the UK and USA: Prospect in the Nigerian Context

Stephen Femi Oyeyoade; Alirat Olayinka Agboola; Adedayo Odebode

Authors

Stephen Femi Oyeyoade
Alirat Olayinka Agboola
Adedayo Odebode

Keywords:

city decline, urban regeneration, flagship projects, nigeria.

Abstract

Flagship regeneration as a model of urban renewal materialized in search for pragmatic solutions to the socio-economic problems caused by deindustrialisation of some ancient cities in the United Kingdom and United States of America late 1960s. The subsequent adoption of this concept by other developed countries was due to its capability as panacea to city decay and ability to revitalize or rebrand urban centre for investment attractions and possibility of reducing the burden of social services provision on the municipal governments. The reviewed literatures explain that individual city has basic features or attributes upon which flagship projects could be developed and thereby accord such city with unique image and functionality within and outside the region. Also, the possible drive for wealth creation and eventual poverty alleviation edged flagship regeneration over other contemporary models of urban renewal. However, despite the acclaimed age long benefits of flagship projects there have been no appreciable efforts by the Nigerian government to embrace or encourage this concept even at the abundance of potentialities.

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Flagship Projects and its’ Application to Urban Regeneration in the UK and USA: Prospect in the Nigerian Context. (2019). Global Journal of Management and Business Research, 19(30), 47-58. https://journalofbusiness.org/index.php/GJMBR/article/view/103244

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