Does land fragmentation delay the implementation for urban renewal?

Ding Hsiu-yin

ERES from European Real Estate Society (ERES)

Abstract: Land fragmentation is deemed to be a significant factor in delaying land development especially for integrating an urban renewal project. One strategy to identify urban renewal area is that the landowners designate the renewal units by themselves in accordance with the criteria as determined by the local authority. They may apply for implementation of the urban renewal business of that area in keeping with the regulations. However, land assembling always takes a long time in processing an urban renewal business so as to not all renewal units are successful led to successful urban renewal businesses. How long will a renewal unit take to implement an urban renewal business is crucial for successfully implementing urban renewal projects. In this study the time that renewal units take to implement urban renewal businesses and why they do were analyzed.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2015-07-01
New Economics Papers: this item is included in nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2015_134

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