Influence of revitalization on the social and economic well-being of residents: case study of Lithuania

ENThe lack of public spaces, recreational areas, and sports facilities in older city neighborhoods, as well as the importance of people’s social and economic well-being, have been exposed by the COVID-19 pandemic. Revitalization is used to update the physical environment of old neighborhoods; it improves not only the physical environment of the neighborhood, but also contributes to ensuring the social and economic well-being of the residents. The article aims to identify which typical revitalization project solutions, only referring to physical environmental improvement projects, improve the social and economic well-being of the residents. To achieve this goal, a statistical analysis of the Žirmunai triangle residents was performed with obtained survey data. The hypothesized connections between typical revitalization solutions and changes in the social and economic wellbeing of the population were verified using Pearson’s Chi-Square test. The results showed that the public spaces, sports, and playgrounds provided by revitalization were directly related to the social and economic well-being of the residents. As a result of this typical revitalization solution, 17% of the residents experienced an improvement in their economic well-being, 17% of the residents got to know their neighbors, and 95% of the residents indicated that they enjoy living in the neighborhood. Keywords: housing revitalization; social well-being; economic well-being; human health. [From the publication]