Capital y desarrollo territorial. Diseños institucionales y gentrificación en el caso de medellín, Colombia

The globalization process has fractured the limits imposed to the circulation of capitals. The soil planning and management have been impacted by this process and some big cities have increasingly adopted strategies intended to catch private capitals in the form of urban development processes, thus preventing or mitigating the implied gentrification impacts. Despite the importance of this issue, there is not any scholarly production in Colombia enabling to define the elements and criteria to focus the phenomenon. This is a strong need where the law has a crucial role to play. Starting from a documentary tracking, a theoretical framework is reconstructed for the gentrification, institutional designs are outlined to encourage the private capital investment in the soil management, and the policy of protection to dwellers is studied for the case of Medellín (Colombia). Finally, this work identifies the challenges to be coped with by the law regarding the relationship between these three aspects. A conclusion is drawn on the need to develop interdisciplinary research processes in order to identify the tension between the urban territorial intervention process, the capital investment and the regime of constitutional rights.