Heritage-Led Urban Redevelopment:

Abstract: Cities with a richness of urban heritage can be developed according to their potential. However, the impact of heritage-led urban redevelopment has yet to be widely mapped. This research aims to critically analyze the gentrification process and its effects in Malioboro Street, Yogyakarta, Indonesia, as the result of heritage-led urban redevelopment. This research employs a qualitative research method, utilizing a single-case study approach. Data collection was conducted through visual archives and research of government regulations, as well as through visual observation, physical mapping, and semi-structured interviews. The analysis was conducted using the thematic method, with systematic stages that began with data familiarization and continued through interpretation to uncover the underlying meaning and link it to relevant theories or conceptual frameworks. The research findings reveal that heritage-led urban redevelopment has a positive impact on the authenticity of the place, as reflected in improvements to the quality of the architectural façade and the potential for retail business development and mass tourism. However, gentrification leads to development pressures, including displacement and land conversions. Development policies are needed that consider the carrying capacity and authenticity of the place. Thus, heritage-led urban redevelopment can catalyze sustainable development, positively impacting the development and management of Yogyakarta as a UNESCO World Heritage City.