The city wide development is the second biggest of its kind in Scotland and could create about 9000 jobs.
Already major roads have been realigned, junctions improved and outdated overhead walkways taken down. The second stage saw the strengthening of the Dock Street railway tunnel to allow for a new grid street pattern.
Port of Dundee With a planned investment of 92million, the port is a key strategic area in the regeneration.
The organisers of an economic summit in the city at the end of March had planned for 150 participants but had to add more tables and stands when more than 300 business people Nike Hat Purple
And central to their 1billion scheme is the redevelopment of five miles of waterfront bordering the Firth of Tay.
Lord Provost Bob Duncan said: "The new waterfront will be a place for people to live, work and enjoy their leisure time. The vision is starting to take shape with the completion of the first two stages of the project and work is well underway on phase three."
Seabraes As one of the UK's largest centres for digital games and other creative industries, this part of the city is home to more than 350 businesses in the sector, with 3300 local jobs created, and a turnover of 185million a year.
Mike Galloway, Dundee City Council's director of city development, said: "The redevelopment of the waterfront is a key priority for the city council and its partners.
Dundee is battling against the tide of melancholy sweeping the country as city chiefs push on with ambitious regeneration plans that are the envy of the rest of the UK.
The City of Discovery has established itself at the top table of construction projects joining London's Olympic Park and the Wembley Scheme in the UK's top 20. Investors and new businesses are queuing up to join the party.
1bn Dundee regeneration bucks trend as City of Discovery fights economic gloom
Work is underway replacing the ramps at the Tay Road Bridge and final design work is taking place on a new railway station concourse building.
Riverside The area is the main access to the city by road, Jordan Cap Snapback Price
Dundee is also looking to challenge Aberdeen in a bid to become the UK's City of Culture in 2017.
The jewel in Dundee's future crown is the new 45million V Museum due to open in 2015. It will form the centrepiece of the regeneration project.
"Then, consider the things we already have the McManus Galleries, Dundee Rep theatre and two universities."
Sir Mark Jones, former V director credited with bringing the museum to Dundee, added: "Being a city of culture has worked very well for other cities in the past and I think Dundee has a very strong claim.
"The project has widespread support within the city and we are determined to deliver on our ambitious vision for the future. Dundee is very much open for business and ready to compete on a global scale."
rail and air. Leisure facilities include sports grounds and a 35 hectare nature park beside the Tay. Waterfront flats are New Era 39thirty Custom Hats
Ken Guild, leader of the SNP administration who run the city council, said: "There are quite a number of things we are doing in Dundee at the moment which would make us a good contender with buildings like the V coming in.
and fundraisers showed up. And the first in a series of roadshows aimed at raising awareness of Dundee's investment opportunities took place in Edinburgh and Glasgow yesterday.
THERE are plenty of reasons to be depressed at the moment double dip recessions, unemployment figures, strike threats and the state of the NHS.
Five distinctive development zones have been established in the city:
So far, the third stage has seen the completion of a new multi storey car park, and a storm tank to deal Ny Caps Red with surface water from the new road network and future buildings.
Central Waterfront As the location for the V at Dundee and Captain Scott's ship RRS Discovery, this is the focal point of theCity Quay A 204million redevelopment of the area's 10.5 hectares included the redevelopment of historic jute warehouses.
But shining in the gloom like a beacon of light is a huge success story that many would not have thought possible a decade ago.
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