Beyond financial value capturing? Interactions between value capturing and cooperation at the interface of road infrastructure and land use planning

Abstract

To deal with tensions between functional interrelatedness and institutional fragmentation, road infrastructure planning is increasingly interested in integrated planning approaches. From a value capture (VC) perspective, integration offers possibilities for financially linking road infrastructure and other land uses. Additionally, VC may be expected to have value for the cooperation between involved, but often institutionally fragmented actors. This article explores the relations between the application of different types of VC and cooperation between fragmented actors in planning at the infrastructure-land use interface. Our findings point at a positive, reciprocal relationship between partnership-based VC types and cooperation among fragmented actors.

Using Sustainability-Oriented Developer Obligations and Public Land Development to Create Public Value

“…Heeres et al [45] argue that the value of value capturing in land use planning goes beyond financial value as it also enhances cooperation between fragmented actors, which they consider as cooperative value. The findings here illustrate that NDOs can also create different forms of public value to achieve a larger range of public values.…”

“…However, value entails more than revenue. For example, Heeres et al [45] considered other forms of value that are created as a result of value capturing. They argue that value capturing has both financial value and cooperative value in the form of enhanced cooperation between fragmented actors.…”