Urban development of cities presents grand challenges for the leaders and city administration. How to safeguard the existing quality of services and provide new developments is a big challenge today and will be in the future.

Smart Specialisation strategy and Urban Agglomeration strategy can be considered as appropriate policy process for the Urban Development only if these strategies recognise their challenges in terms of their implementation.

Entrepreneurship in various aspects such as digital, implementing new economic paradigms and involving city administration in modernisation process is another challenge.

Understanding of social constraints and practising multistakeholders inclusion with shared risk provides promotion of alternative development models, development of creative city projects and realisation of financing opportunities.