Using Sustainability-Oriented Developer Obligations and Public Land Development to Create Public Value

Melissa Candel
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Melissa Candel: Department of Real Estate and Construction Management, Division of Real Estate Planning and Land Law, KTH Royal Institute of Technology, 11428 Stockholm, Sweden

Sustainability, 2021, vol. 14, issue 1, 1-24

Abstract: Swedish municipalities use negotiable developer obligations and public land development in sustainability-profiled districts to achieve various public sustainability objectives. They initiate and govern these districts, which act as models for sustainable urban development and testbeds for new sustainability-related policies, using municipally owned land. Public land development in Sweden enables municipalities to include sustainability-oriented negotiable developer obligations in development agreements. The aim of the study is to investigate how Swedish municipalities use sustainability-oriented negotiable developer obligations together with public land development, and to identify what public value outcomes they currently seek to create by using these public value capture instruments. Sustainability-oriented negotiable developer obligations are investigated in relation to municipalities’ desired public value outcomes in five sustainability-profiled district developments in different Swedish municipalities. Findings illustrate that Swedish municipalities use negotiable developer obligations to create ecological, social and cultural, political, and economic public value outcomes. This calls for more research investigating different forms of value and value creation in relation to public value capture instruments.

Keywords: negotiable developer obligations; public value capture; public value; public land development; municipal land allocations; sustainable urban development (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
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