Largest Urban Regeneration Projects in the UK: Top Cities Transforming in 2025

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Urban regeneration is transforming cities across the UK, turning neglected areas into thriving communities with new homes, offices, transport links and social spaces. These projects not only improve local areas but also create exciting opportunities for property investors.

Investing in regeneration areas can lead to strong rental demand and property value growth, but it’s important to know where the biggest changes are happening.

Here’s a look at the top 10 regeneration projects in the UK for 2025 and the opportunities they offer. But before we dive in, let’s first understand what urban regeneration is and why it matters.

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What is Urban Regeneration and Why It Matters for Investors?

Often referred to as urban renewal, urban regeneration is the use of public or private money to bring about long-lasting transformation of places needing development. This method improves infrastructure, homes, and local businesses, therefore increasing the appeal of hitherto underused locations.

Urban development offers major chances for investors. Investing in places under development can result in significant capital appreciation as better infrastructure and amenities raise property values.

For example, the national population grew by just 10% whereas the UK’s “Big 6” cities—Manchester, Birmingham, Leeds, Bristol, Edinburgh, and Glasgow—have had their city centre populations double since 2002.

In my experience, investing in regeneration areas has been rewarding, but it’s vital to stay informed and be patient, as these projects often span several years.

The key is to identify areas with strong regeneration plans backed by both public and private sectors, ensuring a collaborative approach to sustainable development.

In short, urban regeneration not only revitalises cities but also offers investors a chance to be part of transformative projects that yield substantial returns over time.

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What are the Main Types of Urban Regeneration?

In the UK, there are three main types of urban regeneration: economic, social, and environmental regeneration.

Economic Regeneration

Economic renewal helps local economies grow by encouraging new businesses, jobs and strong economic foundations. It means putting money into commercial areas, helping new businesses get started, and creating business hubs. The British Business Bank’s Start Up Loans Scheme plays a key role by providing finance and mentoring to UK entrepreneurs.

This initiative has helped establish numerous businesses, promoting job creation and economic diversification. Sustainable growth depends on government initiatives, infrastructure improvements, and investment incentives to attract businesses and create long-term employment opportunities.

Boosting Start-ups for Economic Growth

Supporting start-ups is critical for economic revitalisation. The Start Up Loans Scheme offers money, coaching and company support, thereby promoting job creation and economic resiliency.

Infrastructure Investments for Development

Government-backed infrastructure projects, such as the £20 million subsea cable production facility in North Ayrshire, seek to improve regional economies and strengthen local renewable energy supply chains.

Addressing Employment Disparities

In 2019, older industrial towns had 66 jobs for every 100 working-age adults, whereas London had 89. Focused job development activities are required to close these gaps and drive economic growth.

Ensuring Sustainable Economic Growth

By 2025, economic regeneration remains crucial for reducing inequality. Continued investment in businesses, infrastructure, and start-ups will boost productivity and long-term regional growth.

Social Regeneration

Social regeneration improves community life by expanding healthcare, education, and cultural opportunities. In March 2021, the UK government established the £4.8 billion Levelling Up Fund to encourage local infrastructure projects with clear, short-term benefits. The fund prioritises town centre revitalisation, cultural and heritage assets, and transit projects.

In November 2023, £1 billion was given to 55 local councils to fund significant projects such as Birmingham’s Decarbonisation Centre and Huddersfield’s Market Regeneration.

Major Investments Across the UK

Manchester won roughly £20 million for its “Culture in the City” project, which aimed to promote the creative and technology businesses while also improving the cultural sector.

Transforming Local Communities

Projects like the Huddersfield Open Market Regeneration and Birmingham’s Decarbonisation Centre aim to enhance local economies, sustainability and overall community well-being.

Environmental Regeneration

Environmentally friendly projects improve communities by creating green spaces and promoting sustainability. In Scotland, significant investments support natural climate solutions to enhance urban resilience against flooding.

Scottish Water’s strategy includes developing urban parks to mitigate flood risks. These green spaces absorb water, easing drainage burdens during heavy rainfall.

Flood Prevention Initiatives

Green spaces in Scotland act as natural water absorption zones, reducing surface runoff and improving long-term environmental sustainability.

Sustainable Housing Development

The UK government plans to build 1.5 million homes, focusing on eco-friendly construction to address the housing crisis while promoting sustainability.

Where is Regeneration Happening in the UK?
Top Cities and Regeneration Projects

As an advisor guiding property investors it is crucial to stay informed about the UK’s top regeneration scheme, as they present significant opportunities for capital appreciation and passive income. Here are some of the most impactful developments as of 2025:

Liverpool

LIVERPOOL

1. Liverpool Waters

LIVERPOOL

Liverpool Waters is a £5.5 billion project transforming the city’s northern docks into five new neighbourhoods. The development spans 148 acres and includes residential, commercial and leisure facilities. It’s one of the largest regeneration projects in the UK, aiming to revitalise Liverpool’s historic docklands.

The project is expected to create up to 20,000 jobs and significantly boost the local economy. By redeveloping derelict brownfield sites, it will provide 9,000 new housing, 315,000sq m of business space, 53,000sq m of hotel and conference space, and 27,000sq m of restaurants and cafés. This will enhance the city’s appeal and support sustainable growth.

01.

Central Docks

Vibrant hub with business, entertainment, and residential spaces. 230+ homes completed. Isle of Man ferry terminal under construction. £100M development for 330 smart homes.

02.

Clarence Docks

Investment in public spaces with Mersey views. Restoration of Bascule Bridge. New water sports centre, canoe club, heritage trail, and training company.

03.

King Edward Triangle

A mixed-use area with commercial, retail, and residential spaces. Improved roads and public transport linking Liverpool Waters, CBD, and city centre.

04.

Princes Dock

The first sector to develop. Additional Grade A office space is planned. Features 1,200 homes, hotels, multi-storey car park, and leisure facilities. Home to Liverpool Cruise Terminal.

05.

Northern Docks

New Everton stadium is under construction for Euro 2028. Investments in marina, floating homes, retail, bars, and restaurants.

2. Knowledge Quarter

LIVERPOOL

The Knowledge Quarter in Liverpool is a £1 billion initiative aimed at enhancing the city’s education and research infrastructure. It is home to the Royal College of Physicians and several hospitals, all of which encourage new ideas and teamwork.

In light of this, Knowledge Quarter Liverpool (KQ Liverpool) has recently released its “Blueprint for Growth“, which sets a lofty goal for 2040.

The development fosters tech innovation, attracting talent and boosting the local economy. The plan promotes inclusive growth through skills, collaboration, and investment. It includes over one million square feet of lab and workspace, boosting high-growth sectors.

By implementing this vision, KQ Liverpool aims to position the city as a leading centre for education and innovation, attracting talent, stimulating the local economy, and supporting the expansion of knowledge-based industries.

3. LiverpoolONE

LIVERPOOL

LiverpoolONE is a significant £920 million project that revitalised 42 acres of unused land in the middle of Liverpool.

When it was finished in 2008, the project added a lively mix of shopping, entertainment and living areas. It had over 170 shops, bars, restaurants, a 14-screen Odeon movie theatre, and 600 apartments. The building also has a remodelled park with new office spaces and a hotel on the edges.

Since it opened, LiverpoolONE has done a lot to help the local economy. It has created £4.1 billion in business opportunities and provides an average of 4,700 jobs for Liverpool people each year.

The development has also contributed £1.9 billion to the UK Exchequer and £300 million in business rates. Additionally Liverpool ONE has played a key role in a 24% growth in the value of the Liverpool City Region’s visitor economy.

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Birmingham

BIRMINGHAM

1. Big City Plan

BIRMINGHAM

Launched in 2010, Birmingham’s Big City Plan is a 20-year master plan focusing on transforming the Birmingham city centre. The plan aims to increase the city core by 25%, improve transport connectivity, and create over 50,000 new jobs.

It also envisions the development of more than 5,000 new homes and the enhancement of public spaces and infrastructure.

The Big City Plan is designed to drive Birmingham’s future economic prosperity by harnessing the city’s economic strengths, cultural diversity, and connectivity. It aims to create a world-class city centre, contributing over £2.1 billion annually to the economy.

As of 2025, the Big City Plan continues to drive significant urban transformation. A key component of this progress is the reopening of the Camp Hill Line. The West Midlands Combined Authority is working towards reinstating passenger services on this line, with the project now aiming for completion by the end of 2025. This initiative includes the construction of new stations at Moseley Village, Kings Heath, and Pineapple Road, enhancing connectivity in Birmingham’s southern suburbs.

The reopening of the Camp Hill Line is expected to bring 75,000 people within 1 km of a new railway station, unlocking untapped potential in the region. This development aligns with the Big City Plan’s objectives to improve transport connectivity and support economic growth.

Annual Economic Contribution from project

£ 0 Billion

2. Birmingham Smithfield

BIRMINGHAM

Birmingham Smithfield is a £1.5 billion development project set to create 1,000 new homes and 3,000 jobs. The project plans to transform the Digbeth area into a mixed-use hub featuring commercial spaces, public realms, and residential units.

This development aims to revitalise Digbeth by attracting businesses and residents, thereby boosting the local economy and enhancing the area’s vibrancy.

Investment in Smithfield project

£ 0 Billion

3. High Speed 2 (HS2)

BIRMINGHAM

High Speed 2 (HS2) is a transformative £56.6 billion transport initiative designed to connect Birmingham and South East London with a travel time of just 49 minutes.

HS2’s Curzon Street station in Birmingham will act as a major hub, boosting the city’s accessibility for professionals and businesses. Additionally HS2 aims to unlock the potential for further regional rail enhancements, benefiting the entire Midlands region.

The project is expected to significantly enhance Birmingham’s connectivity, attracting new residents and businesses to the area. It will also support the creation of thousands of jobs in construction, engineering and ancillary industries.

Improved transport links will make Birmingham even more appealing for property investment, particularly in areas surrounding Curzon Street station, which are poised for substantial capital growth.

Investment in HS2 project

£ 0 Billion

4. Paradise Development

BIRMINGHAM

Paradise Birmingham is a £700 million regeneration project reshaping the city’s commercial core. Set to deliver 1.8 million square feet of Grade A office, retail, and leisure space, the development includes 10 new buildings, pedestrianized streets, and public squares.

It has already attracted global companies such as PwC further solidifying Birmingham’s reputation as a business hub.

By revitalising the city centre, Paradise is driving economic growth and creating thousands of jobs. The project will enhance Birmingham’s status as a top destination for global businesses, making it an attractive location for property investors looking to benefit from increased demand for residential and commercial spaces.

Investment in Paradise project

£ 0 Million

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Manchester

MANCHESTER

1. Northern Gateway

MANCHESTER

The Northern Gateway is a £1 billion project aimed at redeveloping a 155-hectare site in central Manchester. This initiative will deliver new homes, schools, healthcare facilities, public spaces, and improved travel links along the Irk River Valley to enhance the local community.

2. Mayfield Regeneration

MANCHESTER

With an £850 million investment, the Mayfield Regeneration project will introduce Manchester’s first new public park in over a century.

This ambitious plan includes new neighbourhoods and amenities, seamlessly blending nature with urban living.

3. NOMA

MANCHESTER

NOMA is an £800 million regeneration project revitalising a 20-acre district in central Manchester.

Delivering 4 million square feet of office, retail, residential, and leisure spaces, this plan will create a dynamic, and mixed-use community in the city.

4. Spinningfields

MANCHESTER

Spinningfields is a £1.5 billion redevelopment project that has transformed a 20-acre site in central Manchester. Now one of Europe’s top financial districts, it houses over 150 financial and commercial organisations, alongside luxury residences, high-end restaurants, and retail spaces.

5. MediaCityUK

MANCHESTER

MediaCityUK is a £1 billion project that has transformed Salford Quays into a leading media and technology hub.

Home to some big companies like BBC, ITV, and over 250 media companies, the development features residential apartments, commercial offices, creative studios, and leisure facilities.

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Nottingham

NOTTINGHAM

1. Broad Marsh Redevelopment

NOTTINGHAM

The £2 billion Broad Marsh redevelopment is one of Europe’s largest city-centre regeneration projects. It will introduce over 1,000 new homes, 20,000 square meters of office and leisure space, and the ‘Green Heart’—a new green space enhancing urban sustainability.

2. Island Quarter Development

NOTTINGHAM

Covering 36 acres, The Island Quarter is a transformative mixed-use project featuring new homes, grade-A office spaces, a five-star hotel, retail units, and student accommodation. This ambitious scheme seeks to build Nottingham a lively, contemporary community.

3. Waterside Bridge

NOTTINGHAM

The £18 million Waterside Bridge is a planned pedestrian and cycle bridge over the River Trent. Located 450 meters downstream of Lady Bay Bridge, it will link Trent Fields in West Bridgford with Trent Basin in Nottingham.

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London

LONDON

1. Old Oak Common and Park Royal Development

LONDON

This £26 billion project will create a major transport hub and high street, linking to a £3 billion Imperial College campus and transforming West London.

The development is overseen by the Old Oak and Park Royal Development Corporation (OPDC), established by the Mayor of London to secure the regeneration of this area.

A Vision for Growth and Connectivity

Overseen by OPDC, the development will boost regeneration and enhance transport links in the capital.

Homes, Jobs, and Business Expansion

The project will deliver 9,000 homes, 3 million square feet of employment space, and 11,100 jobs.

2. Thamesmead Regeneration

LONDON

This £305 million, 30-year project will deliver 8,000 new homes, create 4,000 jobs, and introduce environmental improvements to transform Thamesmead.

A Sustainable and Thriving Community

Led by Peabody and Lendlease, the development focuses on housing, sustainability, and improved transport.

Enhancing Connectivity and Urban Growth

The project aims to address housing needs while boosting public transport and local infrastructure.

3. Barking Riverside Development

LONDON

Barking Riverside is a transformative development planning 10,000 new homes and seven schools, with £400 million already invested and 2,700 homes completed.

Enhanced Connectivity and Infrastructure

The project benefits from improved transport links, including a new overground station and ferries for improved access.

A Community-Focused Development

Barking Riverside Village to create a vibrant, sustainable neighbourhood. Offering parks, schools and improved cycling and walking routes.

Leeds

LEEDS

Investment in South Bank Plan

£ 0 Million

1. South Bank Leeds

LEEDS

The South Bank Leeds plan, with a £500m investment cost is one of the Leeds key projects covering over 250 hectares south of the River Aire. Aiming to increase the size of Leeds city centre, it is among the biggest redevelopment projects in Europe.

The scheme is for building 8,000 new dwellings and 35,000 jobs, therefore transforming the area into a lively mixed-use community.

Leeds’s urban and economic progress will be much enhanced by this development. The expanded town centre will attract new businesses, people and tourists. And this will improve the city’s appeal and competitiveness in the UK.

Moreover, the project aims to enhance public areas and connectivity, therefore promoting a more inclusive and environmentally friendly metropolitan setting

2. Leeds Integrated Station Masterplan

LEEDS

This multi-million-pound regeneration project by Leeds City Council and its partners focuses on transformingLeedsStation into a modern transport hub.

The master plan includes supporting passenger growth, enhancing the station’s capacity, and improving its integration with the city. The project aims to connect residents with new employment markets and support the city’s economic ambitions.

The project will improve transportation in Leeds and connect it better with other major cities. This will boost the economy, attract investment, and give residents better access to jobs.

Investment in LGI Redevelopment

£ 0 Billion

3. Leeds General Infirmary (LGI)

LEEDS

Part of the NHS’ Hospitals of the Future Programme, the Leeds General Infirmary (LGI) redevelopment involves a £1.4 billion investment to construct two state-of-the-art hospitals.

The project will provide 92,000 square meters of healthcare space, improving patient care and supporting medical innovation.

The LGI redevelopment will enhance Leeds’ reputation as a leading healthcare city, attracting healthcare professionals and boosting the local economy.

The influx of highly skilled workers and improved healthcare infrastructure will increase demand for housing, particularly in areas near the hospital.

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Bradford

BRADFORD

The City Village regeneration area covers approximately 25 hectares in the city centre, north of Centenary Square and Bradford Forster Square station.

This ambitious project with nearly £30m aims to create up to 1,000 new homes, including affordable housing, alongside three new community parks and public spaces. The development will also feature shops, cafés, restaurants, and offices designed to meet the needs of future generations.

By introducing new housing, commercial spaces, and green areas, the City Village project seeks to revitalise Bradford’s city centre, attracting residents and businesses, and enhancing the city’s vibrancy.

1. City Village

BRADFORD

The former Odeon cinema in Bradford is being transformed into a live entertainment venue with a capacity of over 3,800.

This £50.5m project aims to preserve the historic structure while providing a modern space for concerts and events.

The venue is expected to enhance Bradford’s cultural offerings, attract tourism, and stimulate the local economy by hosting a variety of performances and events.

2. Bradford Live

BRADFORD

Slough

SLOUGH

1. Heart of Slough

SLOUGH

The Heart of Slough, a £400 million plan is a significant urban redevelopment scheme aiming to rejuvenate key landmarks in the town centre.

The project includes developments such as The Curve, a cultural hub housing a library and performance venue, and plans for new office and retail spaces to attract businesses and improve amenities.

The Heart of Slough project seeks to attract businesses, enhance public amenities, and improve the area’s overall appeal, contributing to economic growth by revitalising the town centre.

2. Slough Northern Expansion

SLOUGH

The Slough Northern Expansion will deliver up to 10,000 new houses to meet housing demand in the city and support population growth.

Further this plan is expected to provide diverse housing options and boost the local economy by attracting new residents and businesses.

Sheffield

SHEFFIELD

1. Heart of the City II

SHEFFIELD

Heart of the City II is a £470 million mixed-use development transforming Sheffield city centre. The project combines new constructions with the refurbishment of heritage buildings, aiming to revitalise the urban core with retail, office spaces, residential units, and cultural venues.

By attracting businesses, residents and visitors, this regeneration plan will enhance Sheffield’s economy and social space. The integration of modern infrastructure with historic architecture is expected to create a vibrant city. This will further boost the local economy and community engagement.

2. Castlegate Regeneration

SHEFFIELD

Plans to trace the River Sheaf, reveal elements of ancient Sheffield Castle and establish open public space, a riverfront park and event spaces mean the Castlegate area is undergoing major redevelopment.

Currently under phase two, the project is concentrating on turning the former market site into a public park.

By celebrating Sheffield’s heritage and providing new recreational and cultural spaces, the Castlegate Regeneration aims to attract residents and visitors, enhancing the city’s cultural offerings and community spaces.

3. West Bar Square

SHEFFIELD

West Bar Square is a £300 million regeneration scheme delivering a large-scale, mixed-use development on a seven-acre site in Sheffield’s city centre.

The project includes approximately one million square feet of new space, comprising offices, residential units, retail, leisure spaces, and integrated parking.

Expected to create up to 8,000 new jobs, West Bar Square aims to establish a vibrant new business district, contributing to Sheffield’s economic growth and urban renewal. The development’s mixed-use environment is designed to attract businesses and residents, further enhancing the city’s appeal.

4. Grey to Green

SHEFFIELD

Grey to Green is an award-winning environmental and economic development initiative by Sheffield City Council, transforming former inner-city roads into vibrant green public spaces.

The project addresses key issues such as reconnecting the Castlegate area with the city centre, repurposing redundant highways, and mitigating flood risks exacerbated by the 2007 floods.

The scheme includes the UK’s longest ‘green street’ corridor and largest retrofit sustainable urban drainage system (SuDS), featuring meadows, rain gardens, public art, and dedicated cycling and walking paths.

It has transformed tarmacked areas into green spaces, enhancing biodiversity, air quality, and active travel. This initiative supports climate adaptation and economic growth, creating a healthier, more sustainable urban environment.

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Derby

DERBY

1. The Derby City Centre Masterplan 2030

DERBY

The Derby City Centre Masterplan 2030 is a comprehensive initiative designed to revitalise Derby’s urban core, aiming to attract £3.5 billion in investment, create 4,000 new jobs, and deliver 1,900 new homes by 2030.

Key projects include the £200 million Becketwell regeneration, the Market Hall transformation, and the development of Castleward Urban Village.

The plan will improve public spaces, upgrade transport, and enhance Derby’s cultural scene, making it a vibrant, mixed-use destination for businesses, residents, and visitors.

New investments and job creation will boost the local economy. More residential units will meet growing demand, while better infrastructure will make Derby a more connected and competitive city in the UK property market.

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Looking to Invest in UK’s Top Regeneration Areas?

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Whether you’re interested in properties in Manchester, Liverpool, or other growing hotspots, we ensure you’re positioned to benefit from these transformative developments.

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Frequently Asked Questions

How Are These Regeneration Projects Funded?

Funding sources for urban regeneration projects include:

Public Sector Investment: Local councils and government funding play a significant role in financing regeneration initiatives.
Private Sector Partnerships: Collaborations with private investors and developers provide additional capital and expertise.
International Investments: Global investors contribute funds, bringing diverse perspectives and resources.
Community-Led Initiatives: Local communities may initiate projects, often supported by grants and fundraising efforts.

Who Benefits Most from Urban Regeneration?

Urban regeneration offers advantages to various stakeholders:

Homeowners and Property Investors: Property values often increase due to improved amenities and infrastructure.
Local Businesses: Enhanced infrastructure and increased foot traffic can boost sales and opportunities.
Residents: Improved access to services, better housing, and enhanced public spaces contribute to a higher quality of life.

Will These Developments Affect House Prices?

Typically, regeneration projects drive up property prices due to increased demand and improved living standards. However, affordable housing initiatives are often included to maintain housing diversity.

How Does Regeneration Balance Economic Growth and Social Inclusion?

Many projects include affordable housing, community spaces, and employment opportunities to support local communities. However, concerns around gentrification remain a challenge.

What Role Does Sustainability Play in Regeneration?

Many projects integrate green spaces, energy-efficient buildings, and sustainable transport solutions. Examples include Leeds South Bank’s green areas and Mayfield Regeneration’s public park.

Which UK Cities Are Likely to See the Next Wave of Regeneration?

Cities with high growth potential like Nottingham, Bristol, and Newcastle may see significant regeneration in the coming years.

Urban regeneration is a multifaceted process that requires careful planning and collaboration among various stakeholders to ensure sustainable and inclusive development.

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Largest Urban Regeneration Projects in the UK: Top Cities Transforming in 2025

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What is Urban Regeneration and Why It Matters for Investors?

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What are the Main Types of Urban Regeneration?

Economic Regeneration

Social Regeneration

Environmental Regeneration

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Where is Regeneration Happening in the UK? Top Cities and Regeneration Projects

Liverpool

£5.5 Billion

1.

Liverpool Waters

LIVERPOOL

The project is divided into Five Sectors

Central Docks

Clarence Docks

King Edward Triangle

Princes Dock

Northern Docks

£1 Billion

2.

Knowledge Quarter

LIVERPOOL

£4.1 Billion

3.

LiverpoolONE

LIVERPOOL

Sovereign Point

Deposit

Yield

Property Price

Dockside Residences

Deposit

Yield

Property Price

Angel Gardens

Deposit

Yield

Property Price

Birmingham

1.

Big City Plan

BIRMINGHAM

2.

Birmingham Smithfield

BIRMINGHAM

3.

High Speed 2 (HS2)

BIRMINGHAM

4.

Paradise Development

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Where is Regeneration Happening in the UK?
Top Cities and Regeneration Projects