Book contents
- Frontmatter
- Contents
- List of figures and tables
- Notes on the editors
- Notes on the contributors
- Foreword
- One Introduction: ‘gentrification’ – a global urban process?
- Two Unravelling the yarn of gentrification trends in the contested inner city of Athens
- Three Slum gentrification in Lisbon, Portugal: displacement and the imagined futures of an informal settlement
- Four City upgraded: redesigning and disciplining downtown Abu Dhabi
- Five Confronting favela chic: the gentrification of informal settlements in Rio de Janeiro, Brazil
- Six Rethinking gentrification in India: displacement, dispossession and the spectre of development
- Seven The prospects of gentrification in downtown Cairo: artists, private investment and the neglectful state
- Eight Widespread and diverse forms of gentrification in Israel
- Nine The endogenous dynamics of urban renewal and gentrification in Seoul
- Ten Value extraction from land and real estate in Karachi
- Eleven Gentrification in Buenos Aires: global trends and local features
- Twelve Promoting private interest by public hands? The gentrification of 223 public lands by housing policies in Taipei City
- Thirteen The making of, and resistance to, state-led gentrification in Istanbul, Turkey
- Fourteen Gentrification, neoliberalism and loss in Puebla, Mexico
- Fifteen Capital, state and conflict: the various drivers of diverse gentrification processes in Beirut, Lebanon
- Sixteen Gentrification in Nigeria: the case of two housing estates in Lagos
- Seventeen Gentrification in China?
- Eighteen Emerging retail gentrification in Santiago de Chile: the case of Italia-Caupolicán
- Nineteen Gentrification dispositifs in the historic centre of Madrid: a reconsideration of urban governmentality and state-led urban reconfiguration
- Twenty When authoritarianism embraces gentrification – the case of Old Damascus, Syria
- Twenty-one The place of gentrification in Cape Town
- Twenty-two Conclusion: global gentrifications
- Afterword The adventure of generic gentrification
- Index
Nineteen - Gentrification dispositifs in the historic centre of Madrid: a reconsideration of urban governmentality and state-led urban reconfiguration
Published online by Cambridge University Press: 04 March 2022
- Frontmatter
- Contents
- List of figures and tables
- Notes on the editors
- Notes on the contributors
- Foreword
- One Introduction: ‘gentrification’ – a global urban process?
- Two Unravelling the yarn of gentrification trends in the contested inner city of Athens
- Three Slum gentrification in Lisbon, Portugal: displacement and the imagined futures of an informal settlement
- Four City upgraded: redesigning and disciplining downtown Abu Dhabi
- Five Confronting favela chic: the gentrification of informal settlements in Rio de Janeiro, Brazil
- Six Rethinking gentrification in India: displacement, dispossession and the spectre of development
- Seven The prospects of gentrification in downtown Cairo: artists, private investment and the neglectful state
- Eight Widespread and diverse forms of gentrification in Israel
- Nine The endogenous dynamics of urban renewal and gentrification in Seoul
- Ten Value extraction from land and real estate in Karachi
- Eleven Gentrification in Buenos Aires: global trends and local features
- Twelve Promoting private interest by public hands? The gentrification of 223 public lands by housing policies in Taipei City
- Thirteen The making of, and resistance to, state-led gentrification in Istanbul, Turkey
- Fourteen Gentrification, neoliberalism and loss in Puebla, Mexico
- Fifteen Capital, state and conflict: the various drivers of diverse gentrification processes in Beirut, Lebanon
- Sixteen Gentrification in Nigeria: the case of two housing estates in Lagos
- Seventeen Gentrification in China?
- Eighteen Emerging retail gentrification in Santiago de Chile: the case of Italia-Caupolicán
- Nineteen Gentrification dispositifs in the historic centre of Madrid: a reconsideration of urban governmentality and state-led urban reconfiguration
- Twenty When authoritarianism embraces gentrification – the case of Old Damascus, Syria
- Twenty-one The place of gentrification in Cape Town
- Twenty-two Conclusion: global gentrifications
- Afterword The adventure of generic gentrification
- Index
Summary
Introduction
Fuelled by major social, political and economic transformations occurring since the early 1990s, the historic centre of Madrid, home to roughly 145,000 inhabitants, has undergone a series of fundamental re-articulations that have boosted its functional role and symbolic imaginary. Among others, the implementation of different urban renewal programmes has strategically targeted its economic revalorisation. Additionally, specific master plans for the area have structured the investment policies around joint and coordinated actions between public administrations and private initiatives, chiefly aiming to bolster capital investment in commercial, cultural and real estate activities. Beyond this, an extensive ‘touristification’ of the area has been taking place. As a consequence, many parts of the historic centre of Madrid (such as the neighbourhoods of Malasaña, Chueca and the Las Letras quarter) can now be considered as gentrified or at least as spaces that have been experiencing intensive processes of gentrification. During the long boom decade between 1995 and 2007, the price increases in real estate transactions in the central district outperformed all other neighbourhoods of the city, and since then, the historic centre's housing prices have consolidated at above-average prices – both for purchase and rental agreements.
Public administrations have played a crucial role in this reconfiguration of the historic city centre (Blanco et al, 2011), configuring contemporary geographies of gentrification and creating a symbolically and strategically unique space within the metropolitan area (Díaz Orueta, 2007). In this chapter, by exploring the powerful logics of the private and public interventions that are causing gentrification in Madrid, we develop an understanding of the locally specific adaptation of neoliberal urban policies in a Spanish city so far little discussed in the gentrification literatures. It is our contention that debates about gentrification in Spain must move beyond the two iconic examples of Barcelona and Bilbao that have been dominating the literature (eg Vicario and Martínez Monje, 2005; Ribera-Fumaz, 2008; González, 2011). In this chapter, we move beyond these ‘usual Spanish suspects’ and consider two contemporary gentrification frontiers in the historic city centre of Madrid: the neighbourhoods of Lavapiés and Triball. Both areas have recently experienced significant public and private reinvestment, but they are related to quite different policies and the strategic targeting of gentrification in Madrid.
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- Information
- Global GentrificationsUneven Development and Displacement, pp. 375 - 394Publisher: Bristol University PressPrint publication year: 2015
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