By the early to mid-seventeenth century, Spain, England, France, and the Netherlands were all competing for colonies and trade around the world. Beginning in the late fifteenth century, explorers, conquerors, missionaries, merchants, and adventurers sought to claim new lands to colonize.
Renovation describes a series of planned changes and updates made to a facility where business is conducted. Office and building renovation will take place now and again in the environment of most business, at their own or at others' initiative, in response to new needs, technological pressures, or simply the need for maintenance and renewal. Renovation, for a business, may be a response to declining sales.
1999 photograph looking northeast on Chicago's CabriniâGreen housing project, one of many urban renewal efforts. Urban renewal, which is generally called urban regeneration (regeneration in the United Kingdom), revitalization in the United States, is a program of land redevelopment in areas of moderate to high density urban land use. Renewal has had both successes and failures.