In cities throughout the world, old industrial waterfront land is being redeveloped into luxury housing, offices, tourist attractions, cultural amenities and shopping centres. These developments are geared towards attracting high-income residents, tourists and investors to the city. Because they are iconic and aim to be a catalyst for further development, they are often referred to as flagship project. Two waterfront redevelopment projects: the Kop van Zuid in Rotterdam, the Netherlands and Glasgow Harbour in Scotland, are examples of flagships. Leith, a gentrifying neighbourhood, is also an example of where this type of activity has occurred. But who profits from these developments? Gaining more insight into this question is the central fo...