""ABOUT EPOurban" "
Rapid social and demographic change in Central European transformation cities exposes residential areas to an extreme pressure to adapt. As a consequence, most of the cities have some dysfunctional residential areas and are in urgent need of integrated development strategies. The deprived city areas are seldom interesting for large private investors and individual owners do not possess capacities for action. A great lack is identified in sufficient informational, conceptual, financial capabilities for a convenient development of their property.
These obstacles aggravate as the location of a building is problematic (magistrals, instable neighborhoods) or as the ownership structures are complicated. Hence a market failure in the housing-market can be observed, which at the same time is an important bottleneck in the revitalisation process. The integration of private owners of residential buildings into the overall revitalisation strategies is therefore essential for urban development. The EPOurban Project will attempt to remove this bottleneck by the implementation of innovative methods in combination with well-established instruments.back to top