Parks, an Essential Component of Urban Regeneration

Urban parks provide a wealth of benefits, and effectively managing them can significantly enhance these benefits. Urban parks can be implemented and managed through various business model archetypes, categorized broadly into discretionary and regulated types. These models involve different combinations of stakeholders and funding mechanisms, tailored to the specific needs and contexts of urban settings. The recent position paper “Business Models for Urban Park Implementation and Management” by Bocconi’s Sustainable Urban Regeneration Lab (SUR Lab) highlights essential strategies and frameworks to optimize their creation and upkeep. The report was recently presented by SUR Lab director Edoardo Croci and research fellow Benedetta Lucchitta during a workshop at Bocconi. 

 

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