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Permana, Erwin
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Analysis of The Impact of Revitalization of The Blok M Area on Business Growth And Local Economic Activity Sinaga, Lazarus; Permana, Erwin; Rachmawati, Elsa
Greenation International Journal of Economics and Accounting Vol. 4 No. 1 (2026): Greenation International Journal of Economics and Accounting (March - April 202
Publisher : Greenation Research & Yayasan Global Resarch National

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/gijea.v4i1.766

Abstract

This study aims to analyze the impact of the revitalization of the Blok M area on urban economic dynamics through transportation integration and the development of creative public spaces. Using a qualitative method with a descriptive-analytical approach, this study examines the phenomenon of regional transformation after the integration of the transportation system and local economic activities through a literature review. The results show that the revitalization of Blok M has successfully transformed the previously stagnant area into a dynamic economic ecosystem. The application of the Transit-Oriented Development (TOD) concept significantly improves accessibility through the connectivity of the Jakarta MRT and TransJakarta. The increase in visitor flow (foot traffic) not only restores Blok M's function as a transportation hub but also makes it a relevant social destination for the younger generation. The emergence of economic agglomeration through the growth of new business units provides a multiplier effect on the local economy and empowers MSMEs. This revitalization contributes positively to the structure of DKI Jakarta's GRDP, especially in the trade sector and the provision of food and beverage accommodations. These findings confirm that an integrated urban regeneration strategy with mass public transportation is an important catalyst in driving sustainable urban economic growth.
Co-Authors Achsanul Qosasi Afif Baharmus Ahyani , Syafira Aji Pu’astur, Wahyu i Akmalia, Putri Alfinda, Permata Diva Alifia, Nadhifa Amarain, Shirin Amyulianthy, Rafrini Amyulianthy Anam, Misbahul Ananda , Diva Angelica Putri Agestin, Jasmine Armiani, Fandrisly Arrisetyanto Nugroho Ateniyanti Ateniyanti Badzlin, Fricilla Cahyanti, Aulia Nur Chaerani Nisa, Chaerani Darmansyah Dea Amalia Efriyanto, Efriyanto Eka Putri, Rizqi Septiani Fauzia, Putri Firda Ainu Syifa Fricilla Badzlin Hanum, Cholida Harnovinsah Harnovinsah Inomjon, Qudratov Irvandi Gustari Juliana Juliana Khayyira, Adzra Kirana, Wanda Puspita Mardhiyah, Muna Margo Purnomo Mombang Sihite Mubarok, Endang Saifuddin Muhammad Abduh Muhammmad Zulfikar Rakhmat Mukhamad Zulianto Murni, Yetti Nasim, Arim Nurcahyani Nurcahyani, Nurcahyani Nurwijayanti Qinthara Putri, Nabila RACHMAWATI, ELSA Rama Mahardika Ramadhan, Riva Ramadhanti , Diah Rosida, Rida Rukun Santoso Sari, Aprilia Sari, Lola Fitria Sela Sarmila Sinaga, Lazarus Sri Widyastuti Syamsurizal - - Syiva, Asyhari Nadzilla Thalib, Supriadi W. Mahri, A. Jajang Wardani, Shinta Wiwin Wiwin, Wiwin Wulandjani, Harimurti Zahara, Novita