AbstractThe market-oriented real estate development model has occupied a leading position in the urban renewal activities in Shenzhen and the regeneration of the old city has shown serious stagnation under the intertwined interests of multiple subjects. This study took the Mutoulong Community (Shenzhen, China), Luohu District as an example to resolve and analyze the project promotion process and explore the core problems of the old city regeneration in Shenzhen. The results showed that the internal contradictions and conflicts between the owners of different factions were the core problem of stagnation in the old city regeneration. In addition, from the case study on the application of a third-party professional force in Hubei New Village (Shenzhen, China), Shenzhen and the project that funded the building in Macao Special Administrative Region (SAR), the results show that the third-party professional forces are professional, nonprofit, and prioritized public interests, which could effectively balance the cognitive differences between the owners of different factions in the planning policy, design scheme, and implementation, which helped to build trust between the owners and other subjects. In addition, the third-party professional forces with a resident composition will help to resolve the complex ownership relationships and effectively promote the development of the old city regeneration projects.

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