Risk management in public land development projects: Comparative case study in Finland, and the Netherlands

Research output: Contribution to journalArticle

Researchers

Research units

  • Ulster University
  • Radboud University Nijmegen

Abstract

Public land development is an approach where the public authority acquires land for development, services the land with public infrastructure, and transfers the serviced building plots to private building developers or self-developing end-users. Motivations to use public land development can be divided to planning goal related motivations and financial motivations. In this paper, we study management of public risks related to the use of public land development by analysing case studies located in Finland and the Netherlands, countries known to have strong tradition in public land development. Our findings indicate that, whereas public land development has efficiencies in managing the risks related to the achievement of public planning goals, the management of the financial risks related to the public land development approach can be remarkably difficult even in countries with wide experience in public land development.

Details

Original languageEnglish
Pages (from-to)246-257
Number of pages12
JournalLand Use Policy
Volume62
Publication statusPublished - 1 Mar 2017
MoE publication typeA1 Journal article-refereed

    Research areas

  • Finland, Planning goals, Public land development, Risk management, The Netherlands, Value capturing

ID: 10547173