Historic resources are key ingredients in neighbourhood liveability, and quality of life. In anrnincreasingly fast-paced and ‘placeless’ form of urban development, the historic and architecturalrncharacters are essential to the identity and uniqueness of a community. This identity helps torncreate a sense of stability and enables an understanding of how this unique character, itself arnproduct of incremental development over time, can provide a direction and inspiration for thernform of future development. In the contrary inner-city historic resources become increasinglyrnneglected, misused and deteriorated as a result it lost its significance to a complete renewal.rnThis study, therefore, aims to assess the ongoing neglect and decay of historic inner-cityrncentres and the comprehensive redevelopment or urban renewal programs being undertaken inrnthe city of Addis Ababa by taking “Serategna Sefer†as a case study. Hence, the methodologyrnused for the research is a case study method and employed in an in-depth interview, structuredrnquestionnaire, interviews and field observation to collect primary and secondary data.rnIntegrating the physical, social and cultural fabric of the inner-city centres in the currentrncomprehensive redevelopment program undertaken in the historic neighbourhood of AddisrnAbaba and revitalizing the tangible (physical character) and the intangible (social and economic)rnvalues of such inner-city centres is the main objective of the study, therefore, it focuses on howrnthe physical, socio-economic and cultural aspects can best be integrated in current urbanrnredevelopment programs by taking a case study of one of the oldest and indeed, well-known,rnhistoric inner-city centres of Addis Ababa: “Seratagna Seferâ€.rnThe findings of study show that there are ample opportunities and strengths for revitalizing thernurban pattern, socio-economic vibrancy, distinct character and architectural heritage of thernstudy area. Accordingly, the study proposes that due consideration be made on rehabilitatingrnthe tangible and intangible heritage of the historic neighbourhood as well as the resident’srnparticipation in the design and execution of the inner-city improvement programs. Furthermore,rnthe study provides some solutions as to how the original community can be maintained as far asrnpossible and how low-income residents could be protected from the impact of relocationrnincluding gentrification. Finally, the study focuses on improving the urban pattern and tissue ofrnthis inner-city area which can enhance the historic quality of the mixed-use environmentrnadapted to modern conditions and requirementsrnKeywords: Inner-city historic neighbourhood; rehabilitation and revitalization; Incrementalrndevelopment; participation