Land assembly for urban transformation—The case of ‘s-Hertogenbosch in The Netherlands

Louw, Erik

doi:10.1016/j.landusepol.2006.09.002

Cited by 70 publications

(50 citation statements)

References 30 publications

(40 reference statements)

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…While this naturally also holds for countries where all land is formally publicly owned, such as China and Singapore, it contrasts with most housing development processes in Europe today where public land ownership, when existing, seems to be more temporary (Needham and Verhage 1998;Verhage 2001) and mainly just a part of the land assembly process prior to the planning and implementation (Louw 2008;Monk et al 2013). As a consequence, the monetary encumbrance for the Swedish municipalities is generally quite low-contrary to when land has to be expropriated or purchased closer to implementation.…”

Section: Deviating Characteristicsmentioning

confidence: 99%

Municipal land allocations: integrating planning and selection of developers while transferring public land for housing in Sweden

Caesar

2015

J Hous and the Built Environ

View full text Add to dashboard Cite

An essential component in all housing developments is suitable land. Besides being buildable, this implies land approved for housing in a marketable and consequently implementable location. Insufficient supply of suitable land to housing developers could affect the supply of housing. In Sweden, a lot of land appropriate for housing is owned-often since many years back-by municipalities and supplied to developers through the use of 'land allocations'. A land allocation connects a developer and a municipality in a interdependencybased collaboration intended to jointly create an implementable development right, followed by a land transfer. Using semi-structured interviews and questionnaires reaching a total of 26 municipalities and 91 developers, the Swedish land allocation system is investigated; results are presented with emphasis on requirements put on developers, its interaction with the planning process and on the different methods used to select a certain developer. Additionally, the system is reviewed from a developer perspective and put in an international context. While many countries make use of public land for housing, the article shows that the Swedish land allocation system deviates in several aspects and in spite of its long history, there are undoubtedly features considered less well functioning from the developer's point of view.

show abstract

Section: Deviating Characteristicsmentioning

confidence: 99%

Municipal land allocations: integrating planning and selection of developers while transferring public land for housing in Sweden

Caesar

2015

J Hous and the Built Environ

View full text Add to dashboard Cite

show abstract

“…Innovative finance in land ownership has been recognised as essential to real estate development, and it can be argued that fragmented landownership hinders finance development mechanisms (Louw, 2008). For example, there can be complications with innovative development finance due to the contestation over Compulsory Purchase Orders (CPO) (Biddulph, 2011).…”

Section: Literature Review: Mechanisms In Innovative Real Estate Devementioning

confidence: 99%

Innovative real estate development finance – evidence from Europe

Squires

Hutchison

Adair

et al. 2016

Journal of Financial Management of Property and Construction

View full text Add to dashboard Cite

Purpose – This research aims to provide an insight into large-scale real estate projects in Europe and how they are using a more innovative blend of finance. Design/methodology/approach – The methodology involved a mix of desk-based study, interviews and case studies. Interviews were held with financiers, policymakers, developers, investors, fund managers and academics. The specific case projects were Battersea Power Station Development in London; Leipziger Platz site in Berlin; and the Lammenschans site in the city of Leiden, The Netherlands. Findings – The research found that there is growth in the blend of financial products used in real estate development within large-scale mixed-use projects. This new blend is set with greater equity financing, often from domestic and foreign consortiums generating institutional funds – alongside private debt financing – that utilise a mix of large-scale multi-bank finance. Practical implications – The scale of the challenge in financing real estate development allied with capital budget constraints has meant that the appetite for innovative finance mechanisms has gained considerable momentum in practice and policy. This research investigates current examples in development finance and provides a discussion of the opinion of key multi-stakeholder participants in the individual cases, and trends more strategically at a broader level. Originality/value – This detailed study of three major development sites and at a more broader strategic level is significant, in that it provides a better understanding of the differing blends of finance that are being used.

show abstract

“…Opponents of public landownership state that the combination of complete public ownership and the granting of planning permission, together with the public sector use of land, is potentially dangerous because it restricts the operation of the free land market. In addition, public landownership may result in local governments holding an embarrassing surplus of land acquired at high prices [3].…”

Section: Open Accessmentioning

confidence: 99%

Sustainable Urban Renewal: The Tel Aviv Dilemma

Arch

2014

Sustainability

View full text Add to dashboard Cite

Abstract:The city of Tel Aviv needs extensive urban renewal projects to answer the demand for housing. The area suitable for such a project is the older southern part of Tel Aviv, made up of small parcels of land with single units. This area has undergone an extreme gentrification process, which makes assembling small parcels into large ones a very difficult task. Owners holding out for higher prices may either prevent or significantly delay socially efficient redevelopment. The only current option for the Tel Aviv Municipality that will lead to efficient land assembly for private redevelopment currently is the option of private entrepreneurship. We wish to describe a mechanism that will solve the hold-out problem and lead to efficiency in land assembly without resorting to the intervention of the government to execute eminent domain. The mechanism requires the municipality to plan the development that will best suit the city, thus allowing the valuation of the parcel to reflect its true price for the owner. If the owners are still reluctant to sell, the municipality can then tax him according to the new value of the land.

show abstract

Land assembly for urban transformation—The case of ‘s-Hertogenbosch in The Netherlands

Cited by 70 publications

References 30 publications

Municipal land allocations: integrating planning and selection of developers while transferring public land for housing in Sweden

Municipal land allocations: integrating planning and selection of developers while transferring public land for housing in Sweden

Innovative real estate development finance – evidence from Europe

Sustainable Urban Renewal: The Tel Aviv Dilemma

Contact Info

Product

Resources

About