Ownership Constraints to Brownfield Redevelopment

C. D. Adams, A. Disberry, Norman Elliott Hutchison, T. Munjoma

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    67 Citations (Scopus)

    Abstract

    The authors examine the nature and significance of ownership constraints within the urban redevelopment process. They suggest that such constraints derive from the distinctiveness of land as a commodity, the imperfect nature of the land market, the behavioural characteristics of landowners, and the institutional context for land ownership, exchange, and development. From this, they propose a common definition of ownership constraints as a basis for their practical classification. This divides ownership constraints between those that concern deficiencies in, or limitations to, the extent of ownership rights in potential development land and those that relate specifically to the strategies, interests, and actions of those who hold such rights. The various types of ownership constraints that fall under these headings are then explored, with research presented into the extent to which they each disrupted plans to use, market, develop, or purchase eighty large redevelopment sites in four British cities between 1991 and 1995.

    Original languageEnglish
    Pages (from-to)453-477
    Number of pages24
    JournalEnvironment and Planning A
    Volume33
    Issue number3
    DOIs
    Publication statusPublished - 2001

    Keywords

    • PROPERTY MARKET
    • INSTITUTIONAL ECONOMICS
    • MINIMUM RENTS
    • LAND
    • FRAMEWORK
    • PRICE

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