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In multicentric and increasingly complex urban regions, a city centre reinvents itself. In the case of Porto, tourism was essential for its “Baixa” renaissance. A relevant increase in visitors meant also a dramatic increase in real estate prices and significant land-use change. In field interviews, retailers noticed a “new life” before COVID-19 arrived, remarking on the positive role of tourism on urban rehabilitation and the economic viability of companies, and the negative effects for residents and traditional shops, directed to the common resident. In this article, we present and discuss its main effects in this exceptional area in Portugal’s second city. We also discuss tourism dependency and the challenge of sustainability in a high-density context, defending public policies oriented for a “city with tourists” that replaces the current construction of a “city of tourists”.
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