Since the 1960s the importance of what has been termed urban regeneration and renewal has risen in prominence within public policy circles as a result of the attempts made at post-industrial restructuring of cities and their economies in the face of urban degeneration. While there is no single agreed definition of the term ‘urban regeneration’, it might be seen as ‘a comprehensive integrated vision and action which leads to the resolution of urban problems and which seeks to bring about lasting change in the economic, social, physical and environmental condition of an area that has been the subject to change’ (Roberts and Sykes, 2000, p. 17). Equally, while ‘urban renewal’ still carries connotations of 1960s comprehensive redevelopment, it retains currency as a term that implies the rebirth of a faded or deteriorating area.