VALUATION OF MULTI-FUNCTIONAL LAND USE BY COMMERCIAL INVESTORS: A CASE STUDY ON THE AMSTERDAM ZUIDAS MEGA-PROJECT

Caroline A. Rodenburg, Peter Nijkamp, Henri L.F. de Groot () and Erik Teodoor Verhoef ()

Tijdschrift voor Economische en Sociale Geografie, 2008, vol. 99, issue 4, pages 454-469

Abstract: The Amsterdam Zuidas area is planned to become a large multi-functional development area with a mix of offices, dwellings and facilities. As part of a broader empirical investigation, the valuation of multi-functional land use of this mega-project by a specific class of stakeholders, namely, commercial investors, is examined in this paper. We are particularly interested in the expected impact of locational characteristics on urban land rent in the area. The study is based on an extensive interview questionnaire, in which future development scenarios and spatial externalities are also investigated. The study reveals that the expectations of investors are driven by a complex set of factors. Particularly important are accessibility and image. The relative importance of multi-functionality is found to be modest. Copyright (c) 2008 by the Royal Dutch Geographical Society KNAG.

Date: 2008
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.blackwell-synergy.com/doi/abs/10.1111/j.1467-9663.2008.00475.x link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Valuation of multifunctional land use by commercial investors: a case study on the amsterdam zuidas mega-project (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:bla:tvecsg:v:99:y:2008:i:4:p:454-469

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0040-747X

Access Statistics for this article

Tijdschrift voor Economische en Sociale Geografie is edited by Jan van Weesep

More articles in Tijdschrift voor Economische en Sociale Geografie from Royal Dutch Geographical Society KNAG
Series data maintained by Wiley-Blackwell Digital Licensing ().