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Urban Megaprojects in Crisis? Ørestad Copenhagen Revisited

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  • Stan Majoor

Abstract

Urban megaprojects that aim to attract and spatially accommodate (inter)national investment money have played a prominent role in urban policies in Europe in the last three decades. The 2007 global economic and real-estate crisis has disturbed the context in which contemporary projects are developed. Have projects been able to respond to these changing settings? We regard the management challenge that these projects face as the ambidextrous challenge of combining exploitative and explorative activities. In-depth fieldwork has been conducted on Ørestad in Copenhagen, a project that originated in the early 1990s. We analyse its pre- and post-crisis responses to this challenge and conclude that its particular new town development model has hampered its performance in this regard.

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  • Stan Majoor, 2015. "Urban Megaprojects in Crisis? Ørestad Copenhagen Revisited," European Planning Studies, Taylor & Francis Journals, vol. 23(12), pages 2497-2515, December.
    • Handle: RePEc:taf:eurpls:v:23:y:2015:i:12:p:2497-2515
    DOI: 10.1080/09654313.2015.1014780
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    1. Andersen, Thomas Barnebeck & Malchow-Møller, Nikolaj, 2014. "Denmark's fixed exchange rate regime and the delayed recovery from the Global Financial Crisis: A comparative macroeconomic analysis," Discussion Papers on Economics 10/2014, University of Southern Denmark, Department of Economics.
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    1. Jürgen Bruns-Berentelg & Luise Noring & Adam Grydehøj, 2022. "Developing urban growth and urban quality: Entrepreneurial governance and urban redevelopment projects in Copenhagen and Hamburg," Urban Studies, Urban Studies Journal Limited, vol. 59(1), pages 161-177, January.

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