There has been a lot of talk, road shows on and documentaries on gentrification within black areas, the story does need to be told. Having studied regeneration and worked in a aspect of this (digital inclusion). I know that there is a fine balance between regeneration and gentrification.
The aim of most local authorities, regional, local councils and municipalities in areas, which are deprived, is to attract investment into the area. This could be from national and multinational companies. To do this a local authority will build office buildings and warehouses which these companies can move into, once they commit to moving their operations into the local area.
There is also an ambition to develop housing and social activities of the residents in that area. This can be through having new housing being built which his largely funded by a supermarket.
Regeneration can benefit all if it is designed and local residents get to access opportunities the same as everyone else. This means you will need information about financial and social capital (something I have talked about before). The problems come when you are not able to get the information or resources to set up businesses or get new housing.
Gentrification occurs when big businesses come to a town or city, which has bid for them to come and set up shop, with the local councils promise of giving tax breaks and skilled workers. If you are not a skilled worker then you might not get a decent paying role and usually big companies bring staff with them so many positions are filled.
If you want to get housing, often you begin to be priced out by the people who have the decent jobs with the new companies who have moved in and are living locally with new shops appearing which are out of your budget.
Regeneration is a fine line, I often explain to people that regeneration is getting investment and developing poor areas to make them more prosperous, though the people who live their now need to prosper with the prosperity, not be or feel left behind.
To get away from the gentrification theme and build on a regeneration theme more people need information and access to regeneration resources and information. If you are interest (if you live in the UK) you can look on the upliftment information community resources page. We have also listed some links below to help you find out more about regeneration and how you can help develop your local area.