Piece-by-piece: low-rise redevelopment in Seattle

Andy Krause

Journal of Property Research, 2015, vol. 32, issue 3, 258-278

Abstract: The redevelopment of land containing single-family detached dwellings into small attached or multiple-family structures is a common method of densification in existing urban areas. The potential for redevelopment of any existing home is an important consideration for housing market participants, real estate developers and public officials. Using a longitudinal data-set from the City of Seattle, this study quantifies the impact that a number of factors - policy, physical, neighbourhood and market - have on the likelihood of this form of land use conversion. Derived with a duration model, these findings suggest that the size of the existing home, the adjacent land uses and, most importantly, factors affecting the size of the potential redevelopment have the largest impact on the probability of redevelopment.

Date: 2015
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DOI: 10.1080/09599916.2015.1048705

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