G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Redeveloping Derelict and Underused Historic City Areas: Evidence from a Survey of Real Estate Developers
Paolo Rosato; Anna Alberini; Valentina Zanatta; Margeretha Breil
发表日期2008
出处Climate Change and Sustainable Development
出版年2008
语种英语
摘要Infill redevelopment—the transformation of previously used urban sites—is generally regarded as an important way to attain environmental and urban sustainability goals. At many locales, however, such urban renewal, community development, and tax revenue goals must be reconciled with historic preservation objectives. Are economic incentives and regulatory relief useful tools for encouraging reuse of abandoned or underutilized urban sites with historic buildings? Answering this question is of key importance for many European cities and for older US cities, and has important implications in terms of urban sustainability and “smart growth” initiatives. We use conjoint choice experiments to explore the relative importance of economic incentives, regulatory relief, land use and property regime offerings at underutilized historical sites in Venice, Italy. We survey real estate developers and investors, and ask them to choose between pairs of hypothetical projects in three Venice locations, as well as between one of these projects and the alternative to do a development project elsewhere. Statistical models of the responses to these choice questions indicate that respondents are sensitive to the price of acquiring the land (and hence to any policies that influence prices), and especially sensitive to the property regime that would be granted to developers and investors and to the allowable land use. Contrary to expectations, our respondents were insensitive to tightening or relaxing the stringency of building conservation restrictions. Our findings sound a common theme with Howland (2004), who warns that redevelopment of previously used sites in Baltimore is impaired by obsolete land uses, zoning and infrastructure (but not by suspected or actual contamination). We conclude that the City should focus on offering land uses and property regimes that are more in tune with developer demand.
特色分类Z1,R52
关键词Conjoint Choice Experiments,Real Estate Developers,Building Conservation
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/redeveloping-derelict-and-underused-historic-city-areas-evidence-from-a-survey-of-real-estate-developers/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117585
推荐引用方式
GB/T 7714
Paolo Rosato,Anna Alberini,Valentina Zanatta,et al. Redeveloping Derelict and Underused Historic City Areas: Evidence from a Survey of Real Estate Developers. 2008.
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NDL2008-060.pdf(717KB)智库出版物 限制开放CC BY-NC-SA浏览
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