Urban Regeneration & Mega Event Case Study Olympics 2012 Essay

Urban Regeneration & Mega Event Case Study Olympics 2012 - Essay workoutThe purpose of the study is to de marginine whether or not a net benefit, either from frugal grow or bequest, or both, is likely in the case of the London Olympics. Key concepts and theories Urban re-formation - Officially, the term renewing is described as the positive transformation of a place whether residential, commercial, or open pose that has previously displayed symptoms of physical, social and/or economic decline (Dept. of Culture, Media and Sports, 2004) Mega-event - The term mega-events is used to refer to those high-profile events that last for a short duration but which require a great deal of expense and years of preparation. Mega-events be generally seen as having a great potential to promote tourism, and are expected to have a strong economic impact for the country hosting the event (Hiller, 2000, p. 439). Boosterism The term boosterism generally refers to the necessary exaggeration that accompanies pitying endeavors (Amato, 1993, p. 50). In urban regeneration for mega-events, boosterism refers to the exaggerated optimism in extolling the benefits of hosting a mega-event. Legacy planning The term legacy planning in relation to mega-sporting events refers to planning for deriving the maximum benefit of what is left of all the developments aft(prenominal) the games have ended (Parliament HL, 2005). Crowding out Crowding out happens when visitors to the mega-event discourage regular visitors from taking their pillow slip at the same time because of the difficulty of finding accommodations and getting access to other services alike known as displacement (Barclay, 2009, p. 64). Supply-side leakages Supply-side leakages refer to the temporary entry of external firms which sell products during the Games, but whose revenues do not benefit the locality (Barclay, 2009, p. 64). Outline plan of the final essay 1. Introduction The introduction provides the priming of th e topic and an explanation for the importance of studying such a topic (Single, 2009, p. 70). This portion gives the context for apprehension what the rest of the research will be about. The case study focuses on trying to weigh the economic costs against the economic benefits and the legacy the Olympic Games will create. 2. Urban regeneration The concept of urban regeneration is introduced first because it is the most important concept on which the case study is based. In explaining urban regeneration, the violence is placed on renewal and reconstruction of degraded part of the city. All projects that are undertaken as regeneration projects should therefore enhance the areas of aspects of the city that are already in need of repair or upgrading. 3. Mega-event and its constituent in urban regeneration In this section, the idea of mega-event is linked with that of urban regeneration. The two concepts are not or do not seem to be naturally related. The first refers to entertainment , something spectacular. The second refers to reconstruction. By discussing these two concepts in relation with each other, the importance of mega-events as a way of staging urban regeneration projects is given focus. 4. Urban regeneration for Olympics 2012 This section introduces the 2012 Olympic