Determinants of Resident Satisfaction with Urban Renewal Projects

Abstract
South Korea’s urban renewal policy emphasizes resident participation and multidimensional activities. This study identifies the determinants of resident satisfaction with five urban renewal projects implemented in South Gyeongsang Province, Changwon, Gimhae (Gaya, Jangyu), Sacheon, and Miryang. Multiple regression analysis was utilized for survey data from these five areas. Results reveal that the resident satisfaction was positively influenced by 1) the level of the resident’s opinions reflected in the project, 2) the expectations for improving the local economy, 3) the level of satisfaction with living environments, 4) the importance of improving neighbourly relations, and 5) the level of satisfaction with public hearings/discussions in the decreasing order of severity. Meanwhile, the 1) the need for urban renewal projects, 2) the importance of tourist visits, 3) the importance of improving living environments, and 4) the level of satisfaction with recreational/sports facilities negatively affected resident satisfaction with urban renewal projects in the decreasing order of severity. The aforementioned factors have significant implications to promote practical resident participation in the establishment of renewal strategies tailored to the regional contexts of South Gyeongsang Province.