The article discusses the impact of public policies on tourism gentrification in Lisbon, particularly in response to the financial crisis of 2008 and the subsequent degradation of the housing market. Legislation aimed at liberalising the housing market attracted international investors and promoted tourism, leading to changes in the urban landscape. The “Lojas com História” project focuses on preserving historical retail spaces in Lisbon, recognising their cultural and social value. The initiative aims to revitalise traditional retail establishments and promote their role as meeting places and creative hubs in the city.
Furthermore, the article emphasizes the importance of traditional and local retail not only as an economic sector but also as a significant part of the city’s identity that should be preserved. It highlights the spatial changes in retail systems within urban areas and the need to protect these traditional establishments as markers of urban memory. The “Lojas com História” program is seen as a way to invest in the sustainable growth of historical retail, fostering new business models and job creation.
Overall, the article underscores the significance of traditional retail spaces in Lisbon’s urban fabric and the need to balance economic development with cultural preservation. By recognizing the value of historical shops and promoting their revitalisation, the city aims to maintain its unique character and appeal to both residents and visitors. The “Lojas com História” initiative represents a strategic effort to safeguard Lisbon’s traditional retail heritage and promote a vibrant urban environment.
