A Study on the Revitalization of Urban Residential Regeneration in Korea : Focused on the Law and Institutions of Urban Regeneration in Japan

A study on the laws, systems and development cases of urban regeneration in Japan, which are prior to urban regeneration and urban development, foresaw the development measures of urban residential regeneration projects in Korea. To this end, Japan’s Special Act on Urban Regeneration was compared with Korea’s Urban Regeneration Act, which was enacted in 2013. In particular, the Private Urban Regeneration Project, which is being embodied in Japan’s Special Act on Urban Regeneration, proposed the need to revise the Urban Regeneration Act as it did not specify support and deregulation in Korea In order to find out the need for a private-centered urban development project, Japan’s representative Odaiba, Rock Peak Hills, and Evisgarden Place development projects were analyzed. As a measure to revitalize urban housing regeneration projects in Korea, firstly, it was suggested that private participation for private capital and technology inducement is needed, secondly, urban-based and central-town urban regeneration projects linked to regional economy and job creation should be promoted, and third, that competitiveness should be secured through complex urban housing regeneration projects.The purpose of this study is to analyze the development of the Urban Regeneration Act and the Urban Regeneration Act in Japan.