This German-led project gathers 6 European cities from Germany, France, United Kingdom and the Netherlands which all have derelict, formerly industrial areas in their inner cities and are confronted by various problems related to the revitalisation of these brownfield sites. By promoting exchanges of experience and good practice through meetings, site visits, staff secondments and research assignments, the objective of the partners is to share and elaborate new or innovative concepts and management approaches for multi-functional site development, and test these transnationallygenerated methodologies through a series of local investments. The project will encourage a greater participatory dimension in regeneration processes that will incorporate communities within the planning process. The investments foreseen include various types of physical, environmental and architectural regeneration activities in each partner city. These activities are structured alongside a system of “Common Cooperation Issues”, “Transnational Project Working Groups” and “Area-Specific Project Working Groups”. The project also hopes to generate additional leverage effects by applying innovative financing techniques, public-private partnership models and transnational marketing concepts.