Decision Tool Results
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Progressive Taxation of Vacant Land
One of the tools that can be used to discourage speculation and encourage development is taxation of vacant land parcels.
Density Bonus
One approach, widely used in the United States, is for a municipality to leverage its regulatory power in order to incentivize private sector investment in a designated urban regeneration area thro
Up-zoning
Another approach commonly used by cities in the United States for leveraging regulatory powers is up-zoning, that is, changing the zoning to allow for higher-value (for example, from industrial to
Transferable Development Rights
In addition to municipal land, municipalities can also dispose of rights to engage in more intensive land development—a higher floor space index (FSI) or higher FAR—as a way to “finance” and incent
Tax Incentives
Selective and intelligently designed tax incentives can play a major role in absorbing private sector capital for urban regeneration.
Land Readjustment
Land readjustment is an approach that is commonly used in East Asian countries, such as Japan and the Republic of Korea.
