Here is a fascinating video of urban renewal. While you're on TED you should check out some of the other videos which are offered on a wide range of topics.
First up, a transportation network (Velo-City) proposed by Chris Hardwicke made of glass and concrete which allows cyclists to be hurtled at 40kmph through the tunnels. The network would be a network comparable to Toronto’s highways which would sit 5 meters above street level and would allow a more comfortable bicycle commute all year long. Check out the links for more information.