A multicriteria approach to identify the Highest and Best Use for historical buildings

Ribera, Federica; Nestıcò, Antonio; Cucco, Pasquale; Maselli, Gabriella

doi:10.1016/j.culher.2019.06.004

Cited by 95 publications

(62 citation statements)

References 10 publications

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“…The applications of the A'WOT method are varied and cover as major fields natural resource management [32,[35][36][37], sustainable tourism and tourism management [25,34,38,39], strategic assessment and group decision making (see among others, [40][41][42][43]). Although in the field of cultural heritage assessment, there are a flourishing set of recent contributions in literature on the sole application of AHP [44][45][46][47][48][49][50][51] and SWOT analysis [52][53][54][55][56], respectively. Nonetheless, to our knowledge, there are no contributions on the application of A'WOT to strategic decisions on cultural heritage.…”

Section: Methodological Frameworkmentioning

confidence: 99%

An Application of the A’WOT Analysis for the Management of Cultural Heritage Assets: The Case of the Historical Farmhouses in the Aglié Castle (Turin)

2020

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In recent years, governments, public institutions, and local communities have devoted growing attention to the identification of promising strategies for the preservation and valorization of cultural heritage assets. Decisions on the management of cultural heritage assets based on multiple, often conflicting, criteria and on the stakes of various, and potentially non-consensual actors and stakeholders. In this context, in which the trade-offs between the preservation of assets historical symbolic values and the adaptation to alternative and economically profitable uses play a key role in investment decisions, multi-criteria analyses provide robust theoretical and methodological frameworks to support decision-makers in the design and implementation of adaptive reuse strategies for cultural heritage and public real estate assets. In this paper, we provide a multi-criteria decision aiding approach for ranking valorization strategies of cultural heritage assets aimed at promoting their restoration and conservation, as well as at creating cultural and economic benefits. In detail, we present a novel application of the A’WOT analysis to support the design and implementation of alternative management strategies of abandoned cultural heritage assets. The paper focuses on the potential reuse and management of four historical farmhouses (Cascina Mandria, Cascina Lavanderia, Cascina Gozzani, and Cascina Ortovalle) located in the Agliè Castle estate, one of the Residences of the Royal House of Savoy, currently listed in the UNESCO World Heritage Sites.

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Section: Methodological Frameworkmentioning

confidence: 99%

An Application of the A’WOT Analysis for the Management of Cultural Heritage Assets: The Case of the Historical Farmhouses in the Aglié Castle (Turin)

2020

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“…Issues relating to the second question, as to attributing a taxable base value, have a strictly technical characterization and can be dealt with via a proper appraisal of the immovable asset being assessed, in consideration of its features [23].…”

Section: The European Contextmentioning

confidence: 99%

A Methodological Approach for the Assessment of Potentially Buildable Land for Tax Purposes: The Italian Case Study

Battisti

Campo

Forte

2020

Land

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According to Italian legislation for a particular type of real property—lands/areas subject to buildability, but not yet currently buildable—there is a problem related to their “qualification”, or whether or not they must be considered buildable for the purposes of their recurrent taxation. These potentially buildable (POBU) areas, that were previously zoned as “agricultural”, have been rezoned as “general urban planning instruments/regulations” (the General Urban Development Plans or variances, which regulate land governance), whose approval path has yet to be concluded. Their value—the taxable base underpinning their taxation—clearly depends on their qualification (whether or not they are considered buildable). This has produced, in recent years, several disputes between owners and local governments; the law did not give univocal solutions: Today (2019), there is a conflict of case law in relation to considering these areas as being building areas, as it is not clear what estimating procedures should be used. This article is thus based on the assumption that responding to the problems connected with taxing POBU areas must be considered separately from (overcoming, in this way, conflicting case law) the “virtual” qualification of agricultural or buildable area, but must instead, and more simply, be considered as the actual condition it is found in (likelihood of having building potential in the future), and therefore its limitations (present at the time of taxation) and the time necessary for the building to actually be built and not just “potential”. The approach proposed in this article thus offers a solution to the problem that has been raised, by modifying the current de jure approach (defining the moment when the building right is manifested) towards an assessment/appraisal approach (defining the value of the potentially buildable (POBU) area, in relation to its actual conditions). To implement this approach, a methodology—proposing an upgrade of the traditional analytic procedure for the assessment of transformation value has been structured in a way such that consideration may be made of the components characterizing the potentially buildable areas by means of appropriate assessment parameters that go towards forming these areas’ value: These are the market value discount rate of the POBU area in relation to the uncertainty and risk of reaching effective and concrete buildability, and the estimated time needed to complete the procedural path for making the area actually buildable.

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“…Maintenance, exploitation, reuse and redevelopment of heritage assets are becoming more and more popular in our days, as the concept of cultural heritage is being extended from the original meaning of a collection of individual artworks to all the material and non-material assets that mark the history, the traditions and the identity of a population, as well as everything having an aesthetic, artistic or environmental value [1,2]. Managing this boundless heritage would be too expensive if only based on conservation [3]. Many assets, especially the ones related to real estate, can lose their significance if they do not have their specific use and, despite their cultural value, are not maintained for the unsustainable costs implied and their inability to generate adequate incomes.…”

Section: Introductionmentioning

confidence: 99%

Identifying Value-Increasing Actions for Cultural Heritage Assets through Sensitivity Analysis of Multicriteria Evaluation Results

Salerno¹

2020

Sustainability

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This paper presents a brief overview of multicriteria decision making (MCDM) as applied to the evaluation of adaptive reuse projects for cultural heritage assets and proposes a strategy to plan interventions to increase their value. The value of an object can be defined from its fitness to fulfil specified objectives, its significance to the people who own or use it, its potential to produce revenues, and a host of other criteria depending on its nature. These criteria are often subjective, relying on judgements issued by several experts, stakeholders and decision makers. This is why the MCDM methods need to formalize the problem so as to make it suitable to be treated quantitatively. Moreover, its sensitivity to variable opinions must be studied to check the stability of the result. We propose to leverage sensitivity analysis to identify the lines of intervention that promise to be the most effective to increase the value of the asset. A simulated example illustrates this strategy. This approach promises to be useful when assessing the sustainability of a reuse or redevelopment project in the cases where the final destination of the asset is still under examination.

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A multicriteria approach to identify the Highest and Best Use for historical buildings

Cited by 95 publications

References 10 publications

An Application of the A’WOT Analysis for the Management of Cultural Heritage Assets: The Case of the Historical Farmhouses in the Aglié Castle (Turin)

An Application of the A’WOT Analysis for the Management of Cultural Heritage Assets: The Case of the Historical Farmhouses in the Aglié Castle (Turin)

A Methodological Approach for the Assessment of Potentially Buildable Land for Tax Purposes: The Italian Case Study

Identifying Value-Increasing Actions for Cultural Heritage Assets through Sensitivity Analysis of Multicriteria Evaluation Results

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