Urban development in seville and property crisis
Will discuss the urban development of the city and its agglomeration, and furthermore the state of the local property market in the context of the financial crisis in Spain.
1. The urban development in Seville
Seville, the capital of Andalucía, beneficiated of a great history - when the gold from South America which directly arrived to Seville. It was a time of wealth for the city, and many monuments and houses were built in this epoque, and now form a part of the heritage of the city. It is both, a source of wealth for the city, with tourism and high prices of many plots of land, but also a constraint for some urbanism projects. More recently in the 60’s, there were public subsidies to create industrial and residential zones in the city. The universal exposition of 1992 in Seville also played a very important role in the setting up of the actual urban configuration of the city, with the construction of many infrastructures like the science and technologic park of the Cartuja, the train station Santa Justa, etc. The big public investments and the improvement of the city were led do a fast-growing of the population in this period. Now Seville has to face the crisis of the international markets as well as the particular problems of Spain and Andalusia.
Moreover, to understand the urban development of Seville it is necessary to consider a larger scale, the agglomeration, which includes many other smaller cities: 46 to be exact. Indeed, Seville is the regional capital of Andalusia, so its urban organization responds to this reality, and goes past its administrative frontiers. However, it is not really the typical case of a big city that polarizes its region like Paris or London. The differences of size and power can explain it in a first attempt. But equally there is a politic will to impeach it, and to conserve a regional balance between the main city (Seville) and the metropolitan area. As it will explain as well, this wishing to