A new territorial management instrument to support the economic and financial sustainability of urban planning

• Type: Article in International Conference Proceedings Book
• Date: 2015

Authors

Emília Malcata Rebelo (Author) FEUP

Conference proceedings International

Title: AESOP Annual Congress "Definite space Fuzzy responsibility"

Pages: 1-9

Scientific classification

CORDIS: Social sciences > Geography > Regional geography ; Social sciences > Geography > Economic geography

FOS: Social sciences > Social and economic geography

Other information

Abstract (EN): This communication reports the assumptions, methodology, outcomes and conclusions of a research I recently carried out for the Portuguese Department of Territory. It meets one of the most relevant goals of the Land, Territorial Ordinance and Urbanism Act (currently under revision) that states the importance of the economic and financial sustainability of urban development operations for municipalities. As land values rise as a result of territorial planning decisions, a public intervention is required in order to assure that these surplus-values are allocated on behalf of the population´s social interest. So the new territorial management instrument herein proposed consists in charging a 20% fee on land surplus-values that result from the assignment by urban plans of specific building capacities to certain urban interventions. The proposed methodology is applied to the Urban Development Plan of the Planning Unit 11 of the municipality of Lagoa, located in the Algarve, Portugal. This new territorial management instrument may be easily applied to other municipalities, within the scope of the application of different kinds of urban plans. It ensures that the surplus-values they engender are pointed to social purposes. And it further supports municipal economic and financial sustainability based on a strategic and integrated planning perspective

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 9