| Description |
1 online resource (267 pages) |
| Series |
Urban development series |
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Urban development series (Washington, D.C.)
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| Contents |
Cover; Contents; Acknowledgments; About the Authors; Abbreviations; Glossary; A; B; C; E; F; G; L; M; N; P; R; S; T; U; Message to City Leaders; Overview; Car-Dependent Urban Development in the Developing World; Development-Based Land Value Capture as a Strategic Apparatus for Transit Financing and Urban Planning; Figures; 0.1 Land values and their attribution; Tables; 0.1 Selected land value capture instruments; Global Good Practices for Development-Based LVC; Maps; 0.1 Hong Kong SAR, China: MTR's operating network and future lines with property developments |
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0.2 Hong Kong SAR, China's, land value capture mechanism: Relationships among the government of Hong Kong SAR, China MTR Corporation; and developers; 0.2 The Tokyo metropolitan area; Boxes; 0.1 Integrated land readjustment for Tsukuba Express; B0.1.1 Integrated land readjustment; 0.2 Inclusive urban redevelopment scheme, Japan; B0.2.1 Inclusive urban redevelopment scheme, Japan (hypothetical); Critical Factors for Success in Developing Countries; 0.3 Air rights sales in São Paulo; 0.4 Development rights leases in Nanchang, China |
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0.5 Government-led development-based land value capture for India's first metro system in Delhi0.6 World's largest public-private metro project in Hyderabad; Challenges and Risks; Roadmap for Development-Based LVC Implementation through a Gradual Approach; What International Development Financial Institutions Can Do; 0.3 Roadmap for development-based land value capture implementation; Conclusion; References; Part I: Introduction; 1 Development-Based Land Value Capture for Financing Transit-Oriented Development; Car-Dependent Urban Development in the Developing World |
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Development-Based LVC as a Strategic Financing and Planning Apparatus for Transit and TOD-Related Investments1.1 What is transit-oriented development?; B1.1.1 Key features of the eco-block concept; Objectives, Methods, and Readership; Development Finance Context; Structure of the Book; Notes; References; 2 Theory of Land Value Capture and Its Instruments; Rationale for Land Value Capture (LVC); Transit-Induced Land Capitalization; 2.1 Land values and their attribution; 2.1 Summary of empirical findings of transit-induced land value capitalization; Situating LVC in Urban Transport Finance |
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2.2 Application of the beneficiary pays principle to urban transport finance2.3 Beneficiaries of investments and key features of financial instruments; Types of LVC Instruments; Conclusion; Notes; References; Part II: Lessons Learned from Global Development-Based Land Value Capture Practices; 3 Rail Plus Property Program, Hong Kong SAR, China; Urban Development Context; 3.1 Population trends and projections, Hong Kong SAR, China, 1950-2025; 3.1 Urban population density along mass railway transit lines, Hong Kong SAR, China, 2011; Regulatory and Institutional Framework |
| Summary |
Cities in developing countries are experiencing unprecedented urban growth. Unfortunately, this is often accompanied by the negative impacts of sprawl as a result of rapid motorization such as congestion, air pollution, greenhouse gas emissions, inefficient use of energy and time, and unequal accessibility. As these cities are often under severe fiscal constraints, they face great challenges in financing capital-intensive mass transit systems to reverse the course of these negative trends. Development-based land value capture (DBLVC) financing schemes being practiced in Asian megacities like H |
| Notes |
3.1 Maximum domestic floor area ratios for Metroplan area and new towns |
| Bibliography |
Includes bibliographical references and index |
| Notes |
English |
|
Print version record |
| Subject |
Transit-oriented development -- Developing countries -- Finance
|
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Land value taxation -- Developing countries
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Special assessments -- Developing countries
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Tax increment financing -- Developing countries
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Tax increment financing.
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BUSINESS & ECONOMICS -- Industries -- Transportation.
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TRANSPORTATION -- Public Transportation.
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Land value taxation
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Special assessments
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Tax increment financing
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Developing countries
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| Form |
Electronic book
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| Author |
Murakami, Jin
|
|
Hong, Yu-Hung
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| LC no. |
2015303116 |
| ISBN |
9781464801501 |
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1464801509 |
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