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3S RECIPE – Smart Shrinkage Solutions: Porto (PT) Policy Brief #1. Resilient Urban Economy & Municipal Finance

Authors: Sousa, Sílvia; Rodríguez-Barcón, Alberto; Mykhnenko, Vlad;

3S RECIPE – Smart Shrinkage Solutions: Porto (PT) Policy Brief #1. Resilient Urban Economy & Municipal Finance

Abstract

This policy brief showcases a successful resilient urban economy solution – two urban regeneration projects based on the conversion of traditional food markets into multifunctional consumption spaces centred on gourmet food courts. This brief reveals the importance of these transformations in terms of economic revitalization and the generation of (re)new(ed) urban centralities. The traditional farmers’ market, understood as a node of the economic life of an urban agglomeration and, therefore, of the social relations that stem from it, now also plays a role in urban densification and concentration of tertiary activity. The key lesson learnt is that creative place-making and place-branding processes and interventions should maintain strict control over those variables likely to produce phenomena of residential/commercial gentrification and touristification of the surrounding areas. This brief analyses in detail the cases of Bom Sucesso Market and Bolhão Market, and concludes by offering policy recommendations.

3S RECIPE is part of the Joint Programming Initiative (JPI) Urban Europe's ERA-NET Cofund Smart Urban Futures Call (ENSUF). This project has received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 857160.

Keywords

smart, shrinking cities, urban futures, resilience, solutions, intervention

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popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
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influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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