In recent years, a large part of the city centre has undergone a full urban renewal. Many buildings from the 1950s and earlier have been demolished to make place for modern architecture. This "masterplan" included the addition of a new public square next to the riverbank, the construction of a performing arts theatre/cinema, an upgrade of local shops and the creation of pedestrian streets. As of 2006, all of these projects on the left riverbank "Hoge Zijde" have been finished and a new similar masterplan for the right riverbank "Lage Zijde" has been developed and is being executed now.