Value Capture
A Land Use and Development Playbook For Value-Capture and Creating Currency For Local Community Development
Larry Kosmont shares what cities need to do to meet escalating state requirements; add housing density; fix shopping centers; replace sales tax; pay for constituent services; plan for the future; and capture value created by economic restructuring.
10 Land Use Policies to Address Social, Economic, Environmental Challenges
The Association of Collegiate Schools of Planning (ACSP) and the Lincoln Institute of Land Policy recently recognized ten land use case studies for addressing some of the biggest challenges facing the world.
Visions of a Massive New Entertainment District in St. Louis
City officials have a new ambition for a corner of St. Louis once considered for an NFL stadium and an MLS stadium. Now the future site of an NHL practice facility, the surrounding area could become an entertainment district.
Working to Include Equity Along the Atlanta BeltLine
The tax allocation district set up to capture development value created by the Atlanta BeltLine has fallen short of its intended goals for creating and preserving affordable housing.
Speculation Continues on the Death of the Brooklyn-Queens Streetcar
The New York Times transit reporter looks into the lack of progress on the $2.5 billion project proposed by Mayor Bill de Blasio in his 2016 State of the City speech. The mayor responds angrily to a Daily News article casting doubt on the project.
A Strong Voice of Support for Value Capture to Fund Subway Repair
In an opinion for City & State, Kathryn Wylde, president of the nonprofit Partnership for New York City, makes the case that the Metropolitan Transportation Authority should be allowed to tax properties where value is enhanced by subway proximity.
Value Capture Replaces Congestion Pricing as Governor Cuomo's Subway Funding Fix
Gov. Andrew Cuomo (D-N.Y.) appears to be backing away from a controversial plan to toll midtown Manhattan but shows no reservations about embracing land value capture, which some regard as a "taking" by taxing land proximate to subway stations.
Value Capture Takes Prominent but Controversial Role in Fixing New York Subway
Value capture, collecting tax increment from subway adjacent properties to help provide money needed to repair the 114-year old subway system, is proposed by New York Gov. Andrew Cuomo and opposed by the New York City Mayor Bill de Blasio.
Draft of the Trump Infrastructure Planned Leaked
For those who have spent the last year or so waiting on the edge of their seats in speculation about the contents of President Trump's promised infrastructure plan, there is finally some indication of what the future holds.
Regardless of Cost, New York Must Rehabilitate its Crown Jewel: the Subway
Depending on what's included, the cost to rebuild the ailing 665-mile system could be $111 billion, but the city's future depends on it. A feature-length New York Times Magazine piece looks at its history and suggests ways to finance rebuilding.
Op-Ed: Vancouver Needs a Land Value Tax
Labor leaders argue that curbing real estate speculation is Vancouver's best chance at lowering housing costs.
Mega Project in Suburban Atlanta Gets Final Public Financing Piece: Value Capture
School advocates don't like the idea of a tax allocation district for the redevelopment of the former GM plant in Doraville.
New Neighborhood Plan in San Francisco Pitches the Public Benefits of Density
Central SoMa ("South of Market") in San Francisco will soon have a new neighborhood plan. Planners hope zoning changes will reap rewards in property values and public benefits.
Funding Rolling in for Still-Uncertain Nicollet Ave Streetcar in Minneapolis
Several new developments are adding funds to the pot of money in a streetcar district created by Minneapolis to circumvent a politically unpalatable tax increment financing district.
Op-Ed Supports Value Capture-Enabled Transit Investments
Two USC professors argue that Los Angeles would be better served if Metro could recapture some of its investment in the county's expanding rail system.
The Great Debate: How to Attract Investment in Neglected Urban Areas
With the key assumption that more of Philadelphia needs to see the benefits of the recent wave of investment that has come to the city's urban core, politicians at varying levels of government are considering multiple policy options.
Cambridge Looking to Value Capture Transit Funding
The city of Cambridge is proposing a new transportation enhancement fund that would charge developments to fund upgrades Red Line’s Kendall/MIT Station or enhanced bus service.
TIF Shifts to the Suburbs in Minnesota
A common and sometimes controversial funding mechanism is growing in popularity in suburban Minnesota, even as its use in the urban core decreases.
With Planning Approval Comes New Value: How Can Communities Gain Too?
A post by CityMetric uses examples from the United Kingdom to make the case for new approaches to value capture.
Concerns Raised Over Property Tax for Minneapolis' Nicollet Mall Renovation
A debate over a special property tax assessment to fund a James Corner-designed redo of Nicollet Mall in Minneapolis raises questions about public benefit and value capture.
Pagination
Urban Design for Planners 1: Software Tools
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Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
City of Oxford
Caltrans - District 7
Chaddick Institute at DePaul University
HUDs Office of Policy Development and Research
NYU Wagner Graduate School of Public Service
City of Cambridge, Maryland
Newport County Development Council: Connect Greater Newport