Generally, regenerating industrial areas takes into account interlinked growth, management, and place. Growth involves policies that trigger new economic opportunities as they engage the private sector and the citizenry. Management involves having policies to support collaborative frameworks and social resiliency. Two complementary trends are associated with the return of the industry to the city and with regenerating industrial areas: sustainability and heritage. Sustainability is associated with the efforts to clean up, improve, and reinvent areas of contaminated land in post-in-dustrial. Furthermore, regenerating industrial areas is a process that posits multiple environmental, social, and planning challenges; it requires substantial resources and an undertaking of the physical-urban design planning. The economic strategy implemented in the late 20th century focused on sustainable economic development and is a result of the creation of the Hamburgische Gesellschaft fur Wirtschaftsfoderung, a joint public-private business development corporation.