What governance for luxury-driven transformations?

Recent experiences pointed out the role of luxury as testing ground for innovative practices and actions, often aimed at creating city through an intentional stimulation of its urbanity. In all these cases, luxury acts as a catalyst for investments and as attractor of users and tourists and it became a driver for the transformation of spaces that are marked by specific characters. In this chapter the author discusses the territorial role of luxury through the two main approaches to this topic in recent planning debates, in which scholars compare it to other main transformations of contemporary cities related to the integrated urban regeneration or they focused more in the peculiar characters of luxury-driven operations. In the last paragraph, he frames limits and potentials related to a possible governance for these transformations.